Nabiora

Egypt news

What matters across Egypt and Hurghada: recent stories first and earlier coverage in the archive.

Stories: 719

Stories: 719

News archive

Earlier coverage in a compact, duplicate-free view.

17
Flights and tourism

Tourism Minister Inspects Fixed Balloon Project at Giza Pyramids

On Sunday, 30 August, Sharif Fathi, Minister of Tourism and Antiquities, inspected the Giza Pyramids area to track progress and review work stages for the fixed balloon project currently underway there. The project is being carried out by ‘Tashreef for Tourism Marketing’ in cooperation with the French company ‘Aerophile’. The Minister stated that the project will be the first of its kind in the surrounding area,…

Flights and tourism

Former Minister of Irrigation: Egypt’s Demand for Compensation for Nile Water Is an Ethiopian Attempt to Impose a fait accompli

Dr. Mohamed Nasr Allam, former Minister of Water Resources and Irrigation, said that the call by former Ethiopian Water Minister Shiverao Garsu for his country’s government to demand compensation from Egypt for the use of Nile water is intended to provoke Cairo, at a delicate time when the African continent is witnessing multiple conflicts. He added during a telephone interview on the program “From Maspero,” broadcast on Egypt’s Channel One on Sunday evening, that

Infrastructure

Egypt targets 1.5 million daily rail passengers by 2030, develops 2,250km high-speed network

Egypt is developing a 2,250km high-speed electric rail network, upgrading its 10,000km conventional railway system and targeting a combined capacity of around 4 million daily passengers on railways and high-speed trains by 2030, Transport Minister Kamel Al-Wazir said. Speaking during an inspection tour of the first line of the high-speed electric rail network linking Ain [...] The post Egypt targets 1.5 million…

Economy

SODIC secures EGP 7.5bn CIB facility to finance June North Coast project

SODIC has signed a medium-term facility agreement worth EGP 7.5bn with Commercial International Bank – Egypt (CIB) to finance the development and construction of its June project on the North Coast. The financing forms part of CIB’s strategy to support leading companies and value-added projects through integrated financing solutions that underpin growth and expansion plans [...] The post SODIC secures EGP 7.5bn CIB…

Infrastructure

Ticket Prices and Launch Date... Transportation Minister Reveals New Details About the High-Speed Train

Transportation Minister Kamel El-Wazir revealed new details regarding the fare for the high-speed electric train and its launch date, noting that the government’s plan includes linking various transportation projects into an integrated, safe, and sustainable network. Read the details here

Infrastructure

Fire Breaks Out at Shopping Mall in New Cairo, One Injured

A fire broke out on Sunday, 30 August, at August Mall in the Fifth Settlement district of New Cairo, where many shops, offices and restaurants are, sending emergency crews racing to the scene and briefly disrupting one of the Egyptian capital’s busiest commercial corridors. One person was injured in the fire, according to authorities, though there were no reports of any deaths. Civil defense teams dispatched a…

Infrastructure

Egyptian Wrestler Breaks Silence Over ‘Escape’ as Ministry Refers Case to Prosecutors

The Egyptian Ministry of Youth and Sports released a statement on 27 August announcing that it had referred the two cases involving national wrestlers who vanished from their delegations abroad to the public prosecutor’s office, saying that athletic achievement does not exempt anyone from accountability. The ministry said the cases of Mohamed Mostafa Ali El-Shami, who disappeared during a layover in Rome after the…

Economy

Cabinet Denies Any Proposal to Swap Suez Canal Ownership for Domestic Debt Settlement

Egypt’s Cabinet denied on Sunday 30 August circulating claims that the government plans to transfer ownership of the Suez Canal to the Central Bank of Egypt as a way to settle part of the state’s domestic debt. The denial came after some online reports had proposed swapping the canal’s ownership for debt relief which then prompted clarification from the Egyptian government. The Cabinet added that the idea of…