Tag #Egypt

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abcnews.go.com

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Apr 17, 04:12

Suez Canal Revenue Plummets 62% Amidst Regional Conflicts

Due to Houthi rebel attacks on ships in the Red Sea, Egypt's Suez Canal revenue dropped 62% in 2024 to $3.991 billion, down from $10.25 billion in 2023, impacting global trade and Egypt's economy.

Suez Canal Revenue Plummets 62% Amidst Regional Conflicts

Due to Houthi rebel attacks on ships in the Red Sea, Egypt's Suez Canal revenue dropped 62% in 2024 to $3.991 billion, down from $10.25 billion in 2023, impacting global trade and Egypt's economy.

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Decent Work and Economic Growth

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What is the primary cause of the sharp decline in Egypt's Suez Canal revenue in 2024, and what are its immediate economic consequences for Egypt?

Egypt's Suez Canal revenue plummeted by 62% in 2024, reaching $3.991 billion compared to $10.25 billion in 2023. This drastic drop is directly attributed to Houthi rebel attacks targeting vessels in the Red Sea, significantly disrupting canal traffic and impacting global trade.

arabic.cnn.com

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Apr 13, 22:10

Egypt Raises Fuel Prices, Sparking Inflation Concerns

Egypt increased fuel prices by 12-33% on Friday due to a cost-price gap, causing a \$214.5 million monthly budget burden and potentially impacting food and appliance prices, while subsidized bread prices remain unchanged.

Egypt Raises Fuel Prices, Sparking Inflation Concerns

Egypt increased fuel prices by 12-33% on Friday due to a cost-price gap, causing a \$214.5 million monthly budget burden and potentially impacting food and appliance prices, while subsidized bread prices remain unchanged.

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No Poverty

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What are the immediate economic consequences of Egypt's fuel price increase?

Egypt raised fuel prices by 12% to 33%, effective Friday, citing a cost-price gap that cost the budget \$214.5 million monthly. Manufacturers and traders anticipate increased food and appliance prices, potentially pushing inflation higher.

fr.allafrica.com

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Apr 11, 19:17

Maseera Acquires Egyptian Fintech Platform ADVA

Maseera Holding acquired the Egyptian BNPL platform ADVA to expand its financial services, leveraging ADVA's technology and data analytics for regional growth; ADVA is seeking Egypt's first digital consumer credit license.

Maseera Acquires Egyptian Fintech Platform ADVA

Maseera Holding acquired the Egyptian BNPL platform ADVA to expand its financial services, leveraging ADVA's technology and data analytics for regional growth; ADVA is seeking Egypt's first digital consumer credit license.

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Reduced Inequality

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How will ADVA's application for a digital consumer credit license impact its operations and market position?

This acquisition accelerates Maseera's financial inclusion strategy in North Africa, leveraging ADVA's technology and data capabilities. ADVA's application for Egypt's first digital consumer credit license positions it for significant growth in a newly regulated market. This reflects a broader trend of using AI and data analytics for credit underwriting in underserved markets.

nos.nl

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Apr 9, 10:13

Faber in Egypt, EU Counter-Tariffs, and Dutch Court Case

Minister Faber is in Egypt discussing migration with European and African ministers; the EU is considering counter-tariffs against the US; and a Dutch court is hearing a case against a foundation accused of suggesting a writer glorifies pedophilia.

Faber in Egypt, EU Counter-Tariffs, and Dutch Court Case

Minister Faber is in Egypt discussing migration with European and African ministers; the EU is considering counter-tariffs against the US; and a Dutch court is hearing a case against a foundation accused of suggesting a writer glorifies pedophilia.

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Peace, Justice, and Strong Institutions

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How does the meeting in Egypt aim to address the issue of illegal migration?

The meeting in Egypt highlights the collaboration between Europe and African nations to combat illegal migration. The EU's counter-tariff proposal reflects escalating trade tensions with the US. The court case underscores concerns about the potential for misinformation and harmful rhetoric.

it.euronews.com

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Apr 8, 01:13

Trilateral Summit Addresses Gaza Crisis, Emphasizing Palestinian Authority Governance

French President Macron, Egyptian President al-Sisi, and Jordanian King Abdullah II met in Cairo to discuss the Gaza crisis following Israel's ceasefire violation, emphasizing the need for a Palestinian Authority-led governance and a coordinated reconstruction plan.

Trilateral Summit Addresses Gaza Crisis, Emphasizing Palestinian Authority Governance

French President Macron, Egyptian President al-Sisi, and Jordanian King Abdullah II met in Cairo to discuss the Gaza crisis following Israel's ceasefire violation, emphasizing the need for a Palestinian Authority-led governance and a coordinated reconstruction plan.

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Peace, Justice, and Strong Institutions

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What are the key concerns regarding the stability and governance of Gaza, and how are regional actors attempting to address these issues?

Macron, al-Sisi, and King Abdullah II of Jordan issued a joint statement calling for an immediate ceasefire and condemning unilateral measures that harm the two-state solution. They stressed the importance of protecting civilians, ensuring humanitarian aid access, and rejecting the displacement of Palestinians. Their discussions focused on implementing the Gaza reconstruction plan.

lexpress.fr

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Apr 7, 10:11

Macron Visits Egypt Amidst Renewed Gaza Conflict and US-Israel Trade Tensions

French President Macron is in Egypt for a 48-hour visit focused on the intensified conflict in Gaza, which saw at least 44 Palestinians killed in renewed Israeli airstrikes on Sunday, following a resumption of Israeli military operations. Meanwhile, Israeli Prime Minister Netanyahu will meet with US...

Macron Visits Egypt Amidst Renewed Gaza Conflict and US-Israel Trade Tensions

French President Macron is in Egypt for a 48-hour visit focused on the intensified conflict in Gaza, which saw at least 44 Palestinians killed in renewed Israeli airstrikes on Sunday, following a resumption of Israeli military operations. Meanwhile, Israeli Prime Minister Netanyahu will meet with US...

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What are the immediate impacts of the renewed conflict in Gaza, and how does Macron's visit address these impacts?

France's President Macron arrived in Egypt on Sunday for a 48-hour visit focused on the escalating conflict in Gaza. His visit includes political support for the Arab plan for Gaza and humanitarian calls to lift the aid blockade. At least 44 Palestinians were killed in renewed Israeli airstrikes on Sunday, according to Gaza's Civil Defense.", "Macron's visit aims to support a ceasefire and address the humanitarian crisis in Gaza, prompted by the resumption of Israeli military operations after a two-month truce. He met with Egyptian President Sisi, and further meetings with Sisi and Jordan's King Abdullah II are planned. These meetings demonstrate diplomatic solidarity with countries neighboring the Palestinian territories.", "Macron's trip underscores the urgency of the situation, highlighting the geopolitical implications of the renewed conflict and the need for international intervention. The increased tensions also include planned meetings between Israeli Prime Minister Netanyahu and US President Trump concerning new tariffs and the ongoing conflict. These high-level discussions will have far-reaching consequences for the region and international relations.

arabic.cnn.com

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Apr 15, 04:10

Egypt Seeks US Tariff Reduction to Boost Exports

Egypt is negotiating with the US to reduce 10% protective tariffs on its exports, aiming for a 20% annual increase, with the ready-made garment sector expected to benefit significantly; 2024 exports to the US totaled $2.247 billion (12.3% growth).

Egypt Seeks US Tariff Reduction to Boost Exports

Egypt is negotiating with the US to reduce 10% protective tariffs on its exports, aiming for a 20% annual increase, with the ready-made garment sector expected to benefit significantly; 2024 exports to the US totaled $2.247 billion (12.3% growth).

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Decent Work and Economic Growth

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What are the immediate economic impacts of Egypt's negotiations with the US to lower tariffs on its exports?

Egypt is negotiating with the US to reduce 10% protective tariffs on its exports, aiming for a 20% annual export increase. The ready-made garment sector is expected to benefit significantly, attracting more investment. In 2024, Egyptian exports to the US reached $2.247 billion, a 12.3% increase from 2023.

bbc.com

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Apr 11, 04:11

Mother Fights for Son's Return After Ex-Husband's Murder Conviction

A British-Egyptian mother is fighting to regain custody of her 10-year-old son, who was taken by her ex-husband, a convicted murderer, in Egypt; an Egyptian court has granted her custody, but his location remains unknown.

Mother Fights for Son's Return After Ex-Husband's Murder Conviction

A British-Egyptian mother is fighting to regain custody of her 10-year-old son, who was taken by her ex-husband, a convicted murderer, in Egypt; an Egyptian court has granted her custody, but his location remains unknown.

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Peace, Justice, and Strong Institutions

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What are the immediate implications of the Egyptian court's decision granting Lobna custody of Zayn, given her ex-husband's conviction and her son's current whereabouts being unknown?

Lobna Yakout, a British-Egyptian mother, has been separated from her 10-year-old son, Zayn, for four years after her ex-husband, Karim Selim, took him during a visit to Egypt. Selim has since been sentenced to death for murdering three women. A July Egyptian court document grants Lobna custody of Zayn.

forbes.com

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Apr 9, 19:20

Lenacapavir's Promise vs. US Cuts: A Critical Juncture for HIV Eradication

Lenacapavir, a once-yearly HIV injection, demonstrates near-perfect efficacy in preventing new infections (0% in trials) and slashing acquisition risk by 96%, but US cuts to infectious disease programs threaten to hinder global eradication efforts despite Egypt's successful hepatitis C eradication s...

Lenacapavir's Promise vs. US Cuts: A Critical Juncture for HIV Eradication

Lenacapavir, a once-yearly HIV injection, demonstrates near-perfect efficacy in preventing new infections (0% in trials) and slashing acquisition risk by 96%, but US cuts to infectious disease programs threaten to hinder global eradication efforts despite Egypt's successful hepatitis C eradication s...

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Good Health and Well-being

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What is the immediate impact of Lenacapavir's efficacy on global HIV eradication efforts, considering the US government's current response?

Lenacapavir, a once-yearly HIV injection, shows near-perfect efficacy in preventing new infections (0% in trials) and slashing acquisition risk by 96%. This breakthrough offers a potential path to global HIV eradication, unlike daily pills or more frequent injections. However, the US is cutting infectious disease programs, potentially hindering progress.

arabic.cnn.com

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Apr 9, 13:19

Online Dispute Erupts Between Emirati Preacher and Saudi Prince Over Praise of Egypt

Emirati preacher Wesim Yusuf and Saudi Prince Abdurahman bin Musaed engaged in a public online argument concerning Yusuf's praise of Egypt, with the prince accusing Yusuf of inciting conflict by highlighting negative comments about Saudi Arabia, while Yusuf defended his actions and rejected accusati...

Online Dispute Erupts Between Emirati Preacher and Saudi Prince Over Praise of Egypt

Emirati preacher Wesim Yusuf and Saudi Prince Abdurahman bin Musaed engaged in a public online argument concerning Yusuf's praise of Egypt, with the prince accusing Yusuf of inciting conflict by highlighting negative comments about Saudi Arabia, while Yusuf defended his actions and rejected accusati...

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How did both sides justify their positions in the argument, and what underlying tensions or factors contribute to this disagreement?

The exchange highlights the complexities of online discourse and national identities in the Middle East. Prince Abdurahman argued that Yusuf's highlighting of negative comments about Saudi Arabia incited conflict, while Yusuf countered that his praise of Egypt was not intended to offend and that criticizing his actions is a sign of insecurity.

welt.de

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Apr 8, 19:18

Saxony Seeks Skilled Workers in Egypt, Opens New University

Saxony's Minister-President Michael Kretschmer is visiting Egypt to strengthen collaboration on education and skilled worker recruitment, opening the Saxony Egypt University on Wednesday and visiting the Egyptian-German Center for Jobs, Migration, and Reintegration to address Saxony's labor shortage...

Saxony Seeks Skilled Workers in Egypt, Opens New University

Saxony's Minister-President Michael Kretschmer is visiting Egypt to strengthen collaboration on education and skilled worker recruitment, opening the Saxony Egypt University on Wednesday and visiting the Egyptian-German Center for Jobs, Migration, and Reintegration to address Saxony's labor shortage...

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Quality Education

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What are the long-term economic and social implications of this Saxony-Egypt collaboration, and what broader trends in global workforce mobility does it reflect?

The Saxony-Egypt partnership signifies a proactive approach to addressing demographic challenges and securing a skilled workforce for Saxony's future economic needs. The university's curriculum and focus on practical training suggest a long-term commitment to building a mutually beneficial relationship, potentially serving as a model for similar collaborations.

dw.com

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Apr 5, 13:18

Macron's Egypt Visit: Gaza Conflict, Regional Stability, and Human Rights Concerns

French President Macron will visit Egypt for three days starting Sunday to discuss the Gaza conflict, regional crises, and a strategic partnership with Egypt, while facing pressure to address Egypt's human rights record.

Macron's Egypt Visit: Gaza Conflict, Regional Stability, and Human Rights Concerns

French President Macron will visit Egypt for three days starting Sunday to discuss the Gaza conflict, regional crises, and a strategic partnership with Egypt, while facing pressure to address Egypt's human rights record.

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Peace, Justice, and Strong Institutions

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What is the primary objective of Macron's visit to Egypt, and what are its immediate implications for the Gaza conflict?

French President Macron will meet with Egyptian President el-Sissi in Cairo to discuss regional crises, including the conflict in Gaza, aiming for a ceasefire and a strategic partnership between France and Egypt. Economic cooperation will also be a focus, reflecting France's longstanding ties with Egypt.

Showing 1 to 12 of 182 results