EU to disburse €1bn to Egypt on Thursday under Macro-Financial Assistance mechanism
Egypt is scheduled to receive a €1bn disbursement from the European Union this coming Thursday under the Macro-Financial Assistance (MFA) budget support mechanism, according to Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat. The payment follows the government’s
EU to disburse €1bn to Egypt as Al-Sisi, Kallas reaffirm strategic partnership
The European Union will disburse €1bn in macro-financial assistance to Egypt to support its economy and reform agenda, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas said, stressing that Egypt “is and will remain a strategic partner”
Egypt, Bulgaria sign protocol to expand economic ties across 19 sectors
Egypt and Bulgaria have signed a protocol to strengthen cooperation across 19 strategic sectors, including renewable energy, industry, and investment, aiming to bolster economic relations ahead of the centenary of diplomatic ties between the two nations. The agreement was finalised
Egypt, EU launch Research, Innovation Week to mark 20 years of cooperation
Egypt and the European Union inaugurated the “Egypt–EU Research and Innovation Week” on Sunday to celebrate the 20th anniversary of their science and technology cooperation agreement, with senior ministers and EU officials highlighting the role of research partnerships in addressing
Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza
The UN Security Council on Monday adopted a US-drafted resolution endorsing President Donald Trump’s plan to halt the war in the Gaza Strip, including the deployment of an international stabilization force to uphold the ceasefire agreement reached last October. The
EU warns China’s rare earth curbs are a ‘great risk’, weighs response
European Commission President Ursula von der Leyen has warned that China’s tightening of export restrictions on rare earth metals and battery materials poses a “great risk” to Europe and said Brussels is considering all options in response, including coordinating with
Egypt’s Al-Sisi in Brussels for first-ever EU-Egypt summit
Egyptian President Abdel Fattah Al-Sisi arrived in Brussels on Tuesday for the first-ever EU-Egypt summit, a landmark meeting aimed at deepening the strategic and comprehensive partnership between the two sides. The summit, to be held on Wednesday, 22 October, is
Egyptian FM, EU Envoy discuss Horn of Africa security
Egyptian Foreign Minister Badr Abdelatty met with Annette Weber, the European Union’s Special Envoy for the Horn of Africa, on Tuesday, to discuss strategies for bolstering security and stability in the region. The meeting highlighted the importance of continued consultation
Porsche Is No Longer a ‘Premium’ Sports Car in China
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.
Egyptian Foreign Minister Meets with EU Commissioner for Environment, Water, Circular Economy
Badr Abdelatty, Minister of Foreign Affairs, met with Jessika Roswall, European Commissioner for Environment, Water, and Competitive Circular Economy, on Friday, 14 February, during the Munich Security Conference. Abdelatty expressed his welcome for the enhanced relations between Egypt and