Egypt

UPDATE – Settlement agreed to release ship that blocked Suez Canal

ISMAILIA, Egypt, July 4 (Reuters) - The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday a formal settlement had…

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Egypt’s Sisi opens naval base close to border with Libya

RAS GARGOUB, Egypt, July 3 (Reuters) - Egyptian President Abdel Fattah al-Sisi inaugurated a naval base on Saturday 135 km from the border with Libya, flanked by close ally Abu…

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Egypt eyes surge in fintech investment after new laws

New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the way the country's largely unbanked citizens do business, industry players…

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Agreement in principle reached over Suez Canal ship, says Stann Marine

A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached…

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France agrees to 1.8 billion euros in financing for Egypt

France said it would provide Egypt with some 1.8 billion euros ($2.2 billion) in financing for projects including the Cairo metro, power generation and water management, in what officials called…

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Giulio Regeni’s messages before his death in Egypt show his concerns about studying in the country

The Facebook messages written by the Cambridge student Giulio Regeni in the weeks leading up to his murder give the lie to any notion he was a spy or political…

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Egyptian firms plot return to Libya as rebuilding efforts begin

Egyptian firms are eyeing a revival of business in Libya where a new government is starting work to rebuild the nation on Egypt's doorstep that was shattered by a decade…

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Egypt aims to vaccinate 40% of population by end-2021

Egypt aims to vaccinate 40% of its population against coronavirus by the end of 2021, the prime minister said in a televised address to the nation. By the end of…

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Egypt lifts coronavirus restrictions from June 1

Egypt will lift restrictions imposed to curb the spread of the coronavirus, including easing the early closure of shops and restaurants, from Tuesday, the cabinet said. Since May 6, stores,…

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Gaza truce shifts focus to Egypt’s regional role

Egypt's work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by…

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Egypt’s foreign minister to meet Israeli counterpart on Sunday

Egypt's foreign minister Sameh Shoukry is due to meet his Israeli counterpart Gabi Ashkenazi on Sunday for talks, Egypt's foreign ministry said on Saturday. Egypt is working with the United…

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Egyptian court delays hearing in Suez container ship compensation case

An Egyptian court on Saturday postponed a hearing in a compensation case filed by the Suez Canal authority against the owners of a container ship that blocked the canal for…

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Ship suffers engine trouble in Suez Canal

A container ship broke down in the Suez Canal on Friday but was refloated and repaired with no impact on traffic in the waterway, the Suez Canal Authority (SCA) said.…

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Trial sought in Italy of Egyptians charged over Regeni murder

Italian prosecutors asked a judge on Thursday to have four senior members of Egypt's security services sent for trial over their suspected role in the disappearance and murder of student…

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Photo Story – Egyptian aid to Gaza

Trucks carrying Egyptian aid after arriving at Rafah border between Egypt and Gaza Strip, southern Gaza Strip, 23 May 2021 (issued 24 May 2021). More than 120 Egyptian aid trucks…

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Ship owner says Suez Canal was at fault over Ever Given grounding- lawyer

The owner of a container ship that blocked the Suez Canal in March says the canal authority was at fault over its grounding as it disputes the vessel's detention and…

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Egypt keen for tourism recovery by year-end as visitor numbers rise

Egypt is optimistic about welcoming more visitors this year with numbers increasing steadily since January to around half a million tourists a month, Tourism and Antiquities Minister Khaled El-Enany told…

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Egypt receives 1.7 mln AstraZeneca vaccine doses through COVAX

Egypt has received a batch of more than 1.7 million doses of the AstraZeneca vaccine through the COVAX initiative, the health ministry said on Thursday. Egypt received its first COVAX…

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Insurer of ship that blocked Suez Canal says reduced claim still high

CAIRO, May 10 (Reuters) - UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the…

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Egypt and Turkey seek to overhaul tense ties with frank talks on Libya

Egypt and Turkey on Thursday held talks on the conflict in Libya, where they back competing factions,on Syria and the security situation in the eastern Mediterranean, in a push to…

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Egypt to close stores, restaurants early for 2 weeks to curb COVID-19

The closing hours of Egyptian stores, malls and restaurants will be brought forward to 9pm (1900 GMT) to help contain the coronavirus for two weeks from Thursday, straddling the last…

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Polish scientists discover ancient Egyptian pregnant ‘mummy’

WARSAW, April 30 (Reuters) - An ancient Egyptian mummy once believed to be the remains of a male priest is actually the embalmed body of a woman in the third…

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Egyptologists uncover rare tombs from before the Pharaohs

CAIRO (Reuters) - Egyptian archaeologists working on the Nile Delta have uncovered dozens of rare predynastic tombs dating to the period before Egypt's Pharaonic kingdoms first emerged more than 5,000…

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Egypt economy seen growing 2.9% in year to June, 5.0% in 2021/22

Egypt's economy will grow by 2.9% in the fiscal year that ends in June and will accelerate to 5.0% in the following year as the coronavirus pandemic recedes and tourists…

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UPDATE – 109 persons injured after train derails in Egypt

CAIRO (Reuters) - A passenger train on Sunday derailed near Cairo injuring at least 109 people, local authorities said, in what is the latest in a series of rail mishaps…

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Evergreen studying scope of Egypt $916 mln court order over Suez ship

CAIRO, April 14 (Reuters) - Evergreen Line said on Wednesday that it is investigating the scope of an Egyptian court order to detain the Ever Given container ship which got…

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Suez Canal may expand southern channel, chairman says

The Suez Canal Authority is considering expanding the southern section of the waterway where the container ship Ever Given became stranded, its chairman said. It is also looking into procuring…

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Egypt to produce up to 80 million Sinovac vaccine doses annually

Egypt has agreed with China’s Sinovac Biotech Ltd to manufacture its COVID-19 vaccine domestically, and could produce up to 80 million doses a year, the health ministry said. The agreement…

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UPDATED: Photo Story: ‘Lost Golden City’ found in Luxor

A series of photos made available by the Egyptian Supreme Council of Antiquities showing part of the archaeological find, part of the discovery of the 'Lost Golden City' in Luxor,…

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Traffic slows in Suez Canal as tanker faces difficulties

Marine traffic slowed in the Suez Canal on Tuesday as oil tanker M/T Rumford appeared to face difficulties in the south of the canal, shipping websites MarineTraffic and TankerTrackers said. A trade source said that the canal notified companies that the M/T Rumford faced…

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Photo Story: The National Museum of Egyptian Civilization reopens

Photos of items on display at the National Museum of Egyptian Civilization during its reopening in Old Cairo, Egypt. The museum reopened a day after a parade, called The Pharaohs'…

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Egypt non-oil private sector shrinks faster in March -PMI

Egypt's non-oil private sector contracted for a fourth straight month in March, and at a faster pace than in February as new orders and export sales dropped, although future expectations…

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Photo Story: Egypt holds grand parade to transfer mummies to new museum

A general view of the Pharaoh's Golden Parade, in Cairo, Egypt. A convoy on Saturday night transported 18 ancient Egyptian kings and four queens from the Egyptian Museum in Tahrir…

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Suez Canal shipping backlog ends, days after giant vessel freed

All ships stranded by the grounding of the giant container ship Ever Given in the Suez Canal in March had passed through the canal by Saturday, ending the backlog that…

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Majestic Cairo parade as Egyptian mummies move museum

A grand parade will convey 22 ancient Egyptian royal mummies in specially designed capsules across the capital Cairo on Saturday to a new museum home where they can be displayed…

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Suez Canal says close to clearing backlog after ship dislodged

The Suez Canal said on Friday it was close to clearing a backlog of shipping that built up when a giant container ship was grounded in the waterway. Suez Canal…

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Suez Canal must upgrade quickly to avoid future disruption – shipping sources

Egypt's Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to…

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Losses from Ever Given blockage of Suez Canal could reach $1 billion

The chairman of the Suez Canal Authority said, in an interview with Egypt’s Sada El-Balad TV, that losses and damages from the Ever Given blockage could reach around $1 billion.…

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Investigation begins into how ship got stuck on Suez Canal

Formal investigations into how the giant container ship Ever Given ran aground in the Suez Canal, shutting down shipping in the major global waterway for almost a week, begin on…

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Suez Canal works to clear backlog as shipping convoys resume

The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship stranded for nearly a week allowed it to reopen, but experts warned that…

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Egyptian royal mummies to parade on Cairo’s roads

Egypt is is preparing to transfer royal mummies from ancient Egypt from the Egyptian Museum in Tahrir Square in the center of the Egyptian capital to their final destination at…

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Ships on the move again in Suez canal

Ships were on the move again on Tuesday morning in Egypt's Suez canal after tugs refloated a giant container ship which had been blocking the channel for almost a week,…

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Suez Canal traffic resumes after stranded ship refloated

CAIRO, March 29 (Reuters) - The giant container ship that blocked the Suez Canal for almost a week was fully floated on Monday and traffic in the waterway would resume,…

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UPDATE – Huge ship blocking Suez Canal partially re-floated, more work needed

A massive container ship blocking Egypt's Suez Canal for nearly a week has been partially refloated, the Suez Canal Authority (SCA) said on Monday, raising hopes the busy waterway will…

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UPDATED – Ever Given container ship stuck in Suez re-floated

The stranded container ship blocking the Suez Canal for almost a week was re-floated on Monday and is currently being secured, Inchcape Shipping Services said, raising expectations the vital waterway…

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In Pictures – Tugs, dredgers still struggle to free ship blocking Suez Canal

Suez Canal salvage teams were alternating between dredging and tugging on Sunday to dislodge a massive container ship blocking the busy waterway, while two sources said efforts had been complicated…

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Suez Canal head says president ordered preparations for lightening stranded ship’s cargo

President Abdel Fattah al-Sisi has ordered preparations for lightening the cargo of the giant container ship grounded in the Suez Canal, the head of the canal's authority told Egypt's Extra…

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Container line CMA CGM says diverting some ships away from Suez Canal

Container shipping group CMA CGM said on Saturday it has decided to divert some vessels around the Cape of Good Hope due to the suspension of traffic in the Suez…

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Suspension of Suez Canal traffic deepens global container crunch

The suspension of traffic through the Suez Canal has deepened problems for shipping lines that were already facing disruption and delays in supplying retail goods to consumers, shipping sources said.…

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Ship blocking Suez Canal moves slightly, unclear when it will refloat

SUEZ, Egypt, March 27 (Reuters) - Efforts to dislodge a giant container ship blocking the Suez Canal had allowed its stern and rudder to move on Saturday, but it remained…

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Photo Story: Building collapse in Egypt’s Cairo leaves several dead

A man reacts in the aftermath of a residential building collapse in Gesr Al Suez, Cairo, Egypt, 27 March 2021. According to authorities, at least five people died and 23…

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Suez ship rescuers weigh time and tide with risk of tip or tear

The Dutch emergency response team hired to free the vast ship blocking the Suez canal has pulled off some dramatic recoveries, including lifting Russia’s Kursk nuclear submarine from the Barents…

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UPDATED: No success so far in dislodging mega vessel stuck in the Suez Canal

Attempts to refloat a giant container vessel stranded in the Suez Canal are to resume at around 14:30 local time (1230 GMT) to try to take advantage of the high…

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Ship stuck in the Suez Canal unleashes flood of Internet jokes

A giant ship has blocked the famous Suez Canal but opened up a torrent of memes and gifs lampooning the hapless container carrier, which has been jammed in the waterway…

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UPDATED: Two trains collide in Egypt, at least 30 killed

30 persons are thought to have died and at least 50 people were injured when two trains collided north of the Egyptian city of Sohag on Friday, the health ministry…

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Suez ship congestion could delay 10 LNG deliveries to Europe

Dislodging a container ship blocking the Suez Canal, one the world’s busiest trade routes, may delay delivery to Europe of around 1 million tonnes of liquefied natural gas (LNG) on…

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UPDATED: Suez blockage sets shipping rates racing, oil and gas tankers diverted away

Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted away from the vital waterway as…

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