President Abdel Fattah al-Sisi said Egypt was on the “right track” to rebuild its economy after years of instability.
Abdel Fattah al-Sisi
Abdel Fattah al-Sisi was sworn in for a second term as president before the Egyptian parliament.
Maadi is one of dozens of military-owned companies that have flourished since Abdel Fattah al-Sisi, a former armed forces chief, became president in 2014, a year after leading the military in ousting President Mohamed Mursi.
CAIRO: Egypt's parliament on Wednesday approved a controversial maritime accord with Saudi Arabia that transfers two strategic Red Sea islands to the kingdom, state television and a lawmaker said. The deal, which is still being challenged in an Egyptian court, sparked rare protests last year, with the opposition accusing the government of selling Egyptian territory to its Saudi benefactors. The vote came after days of heated debate in parliament with opponents even interrupting one committee session with chanting.…
CAIRO: Egypt on Tuesday applauded US President Donald Trump's claims that Western media outlets have deliberately not reported on "terrorist" attacks. Trump accused the media on Monday of disregarding attacks by radical militants, in a provocative statement for which he provided no evidence. In Cairo, a statement by foreign ministry spokesman Ahmed Abu Zeid "hailed the US administration stance" criticising "the Western media's coverage of some terrorist attacks around the world". He said his statement addressed "the…
JERUSALEM: Israeli Prime Minister Benjamin Netanyahu held out the prospect on Monday of reviving a 2002 Arab peace initiative that offers Israel diplomatic recognition from Arab countries in return for a statehood deal with the Palestinians.