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At Least 25 Die In Train Crash At Cairo Station

At Least 25 Die In Train Crash At Cairo Station

 A speeding train crashed into a barrier at Cairo’s main train station on Wednesday, causing its fuel tank to explode and triggering a huge fire, officials told Associated Press. At least 25 people died and at least 47 people were injured in the accident.  AP reports that photographs from the station showed charred bodies lying on […]

President Abdel Fattah Al-Sisi Takes Over AU From Kagame

President Abdel Fattah Al-Sisi  Takes Over AU From Kagame

A key development on Africa’s diplomacy in 2019 will be on hand from mid-January to early February when the Heads of State and government convene for the 32nd summit at the African Union headquarters in Addis Ababa. Change of the AU leadership is expected when Egyptian President Abdel Fattah al-Sisi will take over from Rwanda’s […]

Liquid Telecom to Invest 8 Billion EGP (U.S.$400 Million USD) In Egyptian Network Infrastructure and Data Centres

Liquid Telecom to Invest 8 Billion EGP (U.S.$400 Million USD) In Egyptian Network Infrastructure and Data Centres

Leading pan-African telecoms group Liquid Telecom has announced that it is investing 8 billion Egyptian Pounds ($400m US Dollars) in Egypt over the next three years. This is part of a major partnership with Telecom Egypt which includes network infrastructure and data centres. The investment announced today at the Africa 2018 Forum was made during […]

Egyptian Court Delays Verdict in Mass Trial Over Rabaa Sit-in

Egyptian Court Delays Verdict in Mass Trial Over Rabaa Sit-in

An Egyptian court on Saturday delayed a final ruling in a case against 739 people involved in a 2013 sit-in protest that was broken up by security forces, saying defendants could not be transferred to the court due to “security concerns”. The case, which involves top leaders of the banned Muslim Brotherhood, including the group’s […]

Egypt May Have Issued Last LNG Tender, Paving Way for Exports

Egypt May Have Issued Last LNG Tender, Paving Way for Exports

  Egypt may have just issued its last LNG tender, setting the stage to resume exports next year. Imports of liquefied natural gas may stop in the fourth quarter, allowing for exports to start early next year as Eni SpA’s Zohr and other gas fields boost production in the country and help to draw more […]

Egypt To Open Defence Office In Abuja

Egypt To Open Defence Office In Abuja

The Egyptian Vice Minister of Foreign Affairs, Amb. Wael-Adel Nadir, says the country has concluded plans to open a defence office in Abuja. Nadir made the disclosure when he paid a courtesy visit to the Permanent Secretary, Ministry of Foreign Affairs, Amb. Olukunle Bamgbose on Thursday in Abuja. The envoy said the establishment of the […]

Egypt, Cyprus To Sign Deal To Connect Aphrodite Gas Field With Egypt

Egypt, Cyprus To Sign Deal To Connect Aphrodite Gas Field With Egypt

Egypt aims to sign an agreement with Cyprus to connect the island’s Aphrodite gas field with Egypt, Egypt’s oil minister said on Sunday. Tarek El Molla, speaking at an American Chamber of Commerce in Egypt event in Cairo, also said the country was preparing a bid round for unexplored offshore areas west of the Nile […]

Sisi On Course For Big Election Win, Early Estimates Say

Sisi On Course For Big Election Win, Early Estimates Say

Egyptian President Abdel Fattah al-Sisi is on course for a landslide election victory although there was little sign he had achieved the high turnout he sought, according to early estimates after polls closed in a three-day election. Some voters said they had received payments and other inducements to cast their ballots. But with some private […]

Abdel Fattah El Sisi Honours Ideal Mothers In Egypt

Abdel Fattah El Sisi Honours Ideal Mothers In Egypt

Minister of Social Solidarity Ghada Wali on Tuesday said that President Abdel Fattah El Sisi will grant ideal women medals of honor on the occasion marking Mother’s Day on Wednesday 21/3/2018. At a press conference, she pointed out that the president will honor the ideal mothers in a major ceremony in appreciation for their role […]

Egypt’s Debt Loses the Edge That Attracted $20 Billion

Egypt’s Debt Loses the Edge That Attracted $20 Billion

Egypt, prime territory for risk-hungry debt traders for the past 15 months, could be upstaged by other emerging markets as it begins to cut rates to spur the economy.  Turkey, Argentina and Nigeria could capture investors’ attention, and their money, if yields on Egypt’s Treasury bills fall sharply this year, especially as the prospect of […]

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