A representative for the Ever Given cargo ship announced Sunday that a solution has officially been reached with the Suez Canal Authority (SCA) over compensation to Egypt’s authorities for the blockade of the waterway. Earlier on Sunday, the Ismailia Economic Court decided to postpone hearings of the SCA Canal lawsuit against the Ever Given to July 11 to allow the parties finalize the settlement. He explained that the authority is only looking for compensation for its losses incurred from the disruption to navigation and trade. The Ever Given vessel ran aground in the Suez Canal in March, causing a six-day halt on traffic, and halted the global trade movement. Evergreen Marine Corp, the Taiwanese operator of the cargo ship Ever Given, has initially denied responsibility for any financial losses caused by the incident.

July 05, 2021 09:11 UTC

Egyptian Prime Minister Mostafa Madbouly announced easing coronavirus restrictions in Egypt by raising occupancy rate in hotels to 70 percent during the Higher Committee for the Management of the Coronavirus Crisis. The committee announced the raise in occupancy rate will also apply to restaurants and cafes, as well as cinemas and theaters. Egypt’s Health Ministry on Sunday confirmed 179 new coronavirus cases, bringing the country’s total number of confirmed cases up to 282,082, ministry spokesperson Khaled Megahed announced. The total number of COVID-19-related deaths has now reached 16,264 nationwide, after the ministry announced 22 deaths. And 459 patients were discharged from quarantine at isolation hospitals, raising Egypt’s total number of fully-recovered cases to 214,087.

July 05, 2021 09:11 UTC

Egyptian Minister of Trade and Industry Nevine Gamea announced Sunday that trade exchange between Egypt and Iraq has moved on positively despite the coronavirus pandemic, with the the total volume of trade exchange between Egypt and Iraq amounting to US$747.6 million last year, compared to $551.3 million in 2019 – an increase of 36 percent. The value of Egyptian exports to Iraq amounted to $421.7 million last year compared to $411.4 million in 2019, an increase of three percent. This came during Gamea’s statements after talks with her Iraqi counterpart Alaa al-Jubouri, during her official visit to Iraq. Iraqi Minister of Industry and Minerals Manhal Aziz al-Khabbaz and the Egyptian Ambassador to Iraq, Waled Ismael, participated in meetings. Egypt’s contribution to the support and development of the Iraqi industry is an important step towards fixing the imbalance in Iraqi trade with many countries of the world, which will bring balance for the Iraqi economy, he said.

July 05, 2021 08:13 UTC

CAIRO, 5 July 2021: Al Ahly team returned to the path of victories after beating Smouha 4-0 in the match that brought them together on Sunday in the 28th round of the Egyptian Premier League competition. The disappointing draw for the Reds against Pyramids gave Al Ahly a reason to enter Pyramids' game with a great passion to finish the match in the first half. Al-Ahly appeared strongly in their match against Smouha and dominated the game throughout the match and threatened the Smouha goal. Al Ahly opened the score through Mohamed Sherif in the 40th minute after a slick finish. Al Ahly have six games to equalize Zamalek's games who is on the top of the Egyptian league standings.

July 05, 2021 07:52 UTC

July 5 (Reuters) - The Asian Football Confederation said on Monday that matches in its elite club tournament, the Asian Champions League, would be played on a single-leg format from the quarter-final stage onwards due to COVID-19 related issues. The quarter- and semi-finals would be played at centralised venues for the East and West regions, while the AFC will open the bidding process to countries in the West region for hosting the Nov. 23 final. Knockout matches in the second-tier AFC Cup will also be played as single-legged ties. Matches in next season's Asian Champions League and AFC Cup would continue to be held in centralised venues, with both competitions featuring the single-leg format in the knockout rounds, AFC added. The continent's governing body also said that next year's Under-17 Women's Asian Cup in Indonesia and the Under-20 Women's Asian Cup in Uzbekistan have been cancelled due to the pandemic, but both countries have retained hosting rights for the next editions in 2024.

July 05, 2021 04:07 UTC





(Reuters) – Tottenham Hotspur want captain Harry Kane to stay at the club, their new managing director of football Fabio Paratici said, as speculation about the striker’s future continues. The 27-year-old has a contract with Spurs until 2024, but British media said he is keen to leave in order to win major trophies and there are no shortage of interested parties. “Keeping him is not just my goal, it’s our goal as a club,” Paratici, who joined Tottenham last month, told Sky Sports. Right now, he’s one of the best strikers in the world. Spurs Chairman Daniel Levy said last month that while he shared Kane’s frustration over the lack of trophies he would do what is right for the club in the transfer market.

July 05, 2021 03:33 UTC

CAIRO – 4 July 2021: Trade exchange between Egypt and Iraq increased 36 percent during 2020, Minister of Industry, Nevine Gamea, announced Sunday. The minister stated, in a statement, that the total volume of trade exchange between Egypt and Iraq amounted to about $747.6 million in 2020, compared to $551.3 million in 2019. This came during the Egyptian Minister of Trade and Industry, Nevin Jameh, held an extensive meeting with Alaa Al-Jubouri, the Iraqi Minister of Trade, to discuss ways to enhance the rates of trade exchange and the possibilities of facilitating the movement of intra-trade and logistical transport between the two countries during the next stage. The minister said that the value of Egyptian exports to Iraq in 2020 amounted to $421.7 million, compared to $411.4 million in 2019, marking an increase of 3 percent.

July 04, 2021 16:52 UTC

The book was praised by many international institutions and development partners as it sheds light on the pioneering experience of Egypt in launching a government-led framework for economic diplomacy with the aim to advance international cooperation mechanisms to help achieve sustainable development goals. It also sheds light on different methodologies that could very well be shared with developing and emerging countries. Berglöf said the book makes it clear how international cooperation and development financing could help countries address their top priority files. He said the Egyptian model of development cooperation is sure effective and influential, believing it would be used by many other parties. The Ministry of International Cooperation launched Egypt’s principles of economic diplomacy in order to harness the socio-economic outcomes of development financing, as well as to ensure that development projects are in line with national priorities and the UN sustainable development goals, and finally to improve the mechanisms of development cooperation to effectively implement projects.

July 04, 2021 16:39 UTC

The Governor of North Sinai Mohammed Abd al-Fadel Shousha announced Sunday that the state is paying close attention to agricultural development in North Sinai, and assured that Egypt has full capabilities to turn the governorate into a food producer for the entire nation. President Abdel Fattah al-Sisi is interested in development North Sinai, through the implementation of various projects. Shousha said that the governorate has cultivated 271,000 feddans in central Sinai using treated water, adding that concerned authorities have started a project to connect water in the Bahr al-Baqar station to the central Sinai region, thereby establishing new communities. The water access project to the Central Sinai region will take three years, he explained, and also announced the establishment of three new cities and 35 residential communities to accommodate the new expansions in the Central Sinai region.

July 04, 2021 14:48 UTC

A report issued by the Central Plant Quarantine Administration on total agricultural exports recently said that agricultural exports amounted to 4.0179 million tons, rising by 15 percent over the same period of last year. A statement from the Egyptian Ministry of Agriculture and Land Reclamation said that the total agricultural exports of citrus reached 1,722,115 tons, in addition to the export of 619,762 tons of potatoes, ranking second in agricultural exports after citrus. Peach ranked tenth in agricultural exports, with a total of 10,185 tons, and guava ranked eleventh with a total of 8,935 tons. Watermelon ranked twelfth with a total of 7,310 tons, while pomegranate ranked thirteenth in agricultural exports with a total of 6,538 tons. Pepper ranked fourteenth in agricultural exports, with a total of 5,186 tons, and mango ranked last with a total of 768 tons.

July 04, 2021 14:15 UTC

The Egyptian Foreign Ministry announced Sunday that four Egyptian citizens working in Cyprus died in a massive fire that broke out on Saturday across several Cypriot villages. A statement by the Foreign Ministry explained that the Egyptian embassy in Nicosia had learned from the concerned Cypriot authorities about the deaths. Upon receiving this information the embassy formed an operations room to communicate with Cypriot officials who, on their part showed full cooperation. The Foreign Ministry offered its sincere condolences to the families of the deceased. The European Union has sent air assistance to help Cyprus contain a huge forest fire north of the cities of Limassol and Larnaca.

July 04, 2021 12:56 UTC

(Reuters) - Italy defender Leonardo Spinazzola will be out of action "for a few months" after suffering a serious injury in their Euro 2020 quarter-final win over Belgium on Friday, his club AS Roma's new manager Jose Mourinho has said. "We all feel sorry about the loss of Spinazzola for a few months, but that's football and we have to be ready to start the next week," Mourinho said on Instagram during Roma's pre-season preparations. Spinazzola said on Instagram that he hoped to be back soon, without providing details of his injury. "Unfortunately we all know what happened, but our Italian dream continues and with this amazing group of ours nothing is impossible," Spinazzola said. "I can only say that I will be back soon - you can be sure of that."

July 04, 2021 12:56 UTC

(Reuters) -Crystal Palace have appointed former Nice boss Patrick Vieira as their new manager on a three-year deal to replace Roy Hodgson, the Premier League club said on Sunday. Hodgson left boyhood club Palace at the end of last season after four seasons in charge, guiding them to a 14th-placed finish in his final season. The 45-year-old also led Arsenal's 'Invincibles' side who went a full Premier League season unbeaten in 2003-04, and won the 1998 World Cup and the European Championship in 2000 with France. Vieira previously also managed Major League Soccer club New York City from 2016-18, where he guided them to two playoff appearances. Palace begin their Premier League campaign with a trip to Chelsea on Aug. 14.

July 04, 2021 12:45 UTC

Egyptian President Abdel Fattah al-Sisi said on Saturday that negotiations with Ethiopia over the Grand Ethiopian Renaissance Dam (GERD) should not continue indefinitely. The president assured that Egypt is seeking a binding legal agreement in line with international norms. Sisi stressed that his state both appreciates and understands the development requirements in Ethiopia, but asks that this development does not come at the expense of others. President Sisi concluded his speech by thanking friendly countries and those nations making efforts to mediate in the issue of GERD, because of the importance of the issue to the Egyptian people. Shoukry on Saturday stated that in the absence of an appropriate Security Council resolution regarding GERD crisis, Egypt will continue to work through international contacts and communicate with the African Union.

July 04, 2021 12:22 UTC

Egyptian Ministry of Health on Saturday said that vaccination centers will start vaccinating with locally produced doses of the Chinese “Sinovac” drug in August, with the total aim to vaccinate 40 percent of citizens with 80 million doses. Chinese experts have approved Egypt’s locally made Sinovac vaccine, having passed 11 tests. The ministry added that it produced 650,000 doses of the vaccine during the past 48 hours. The ministry will have produced 10 million doses of the vaccine by the end of July, it said. Egypt will also receive the Johnson & Johnson vaccine, used for travel, study or work purposes as it is only one dose and will be available in 179 vaccine centers.

July 04, 2021 11:56 UTC