Search Results for: egypt

PRE DEVELOPMENT SET TO UNHELD PROMISE OF HADABA PROJECT DESPITE SEVERAL SETBACK IN EGYPT

Posted on by Gambeta News

PRE Development has began its initial stage to deliver the phase one of the HADABA project which is expected to be situated in 6th of October City, Invest-Gate according to reports. However, despite constant economic pressure, the company has reaffirm its commitment to customer satisfaction and quality execution even with the limited project timelines. Speaking during a briefing, Chairman of PRE Developments Hossam Zaki noted that the company is dedication to excellence in project execution….

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EGYPT SECURE DEAL TO SETUP SILO FACTORY

Posted on by Gambeta News

Prime Minister Moustafa Madbouli witnessed on yesterday the inking of a contract for allocating a plot of land for establishing a factory for designing, manufacturing, and setting up silos in the East Port Said zone. The contract was inked between East Port Said Development company and Feerum Egypt company. The Premier noted that the contract falls within the framework of a comprehensive plan forged under directives of President Abdel Fattah El Sisi to expand localizing…

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HOW EGYPT TANZA PROJECT WILL BECOME A PREMIUM DESTINATION AFTER COMPLETION

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Mahmoud Gaber, CEO of Magic Land Al-Hokair, announced that the Tanza project is poised to become the premier tourism entertainment venture in the Middle East, propelled by a robust expansion strategy in the Egyptian market. The project, which covers an area of 250,000 sqm, is the first and largest integrated entertainment destination in Egypt, with investments worth EGP 1.1bn. Tanza aims to reshape and redefine the entertainment concept in Egypt through its unique business model…

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EGYPT PRESIDENT ACCESS REHABILITATION PROGRESS ON NATION INFRASTRUCTURE

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President Abdel Fattah El Sisi asserted that significant efforts have been made to rehabilitate the infrastructure, enabling the state to move towards better horizons in every aspect. He added that “among the systems we have intensified our efforts in is the human element, the workforce within the system. This is the most important aspect because without genuine construction starting from education to all other state institutions, and without being able to craft a real formulation…

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AOI TO SET UP FOUR WASTE RECYCLING FACILITIES IN EGYPT

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The Arab Organization for Industrialization (AOI) has inked a deal to set up four waste recycling facilities, a move backed by a €38.8m investment from the European Bank. These plants are part of a broader initiative to enhance the water quality of the Kitchener Drain. Ismail Sayed, Chair of the Arab-British Dynamics Company, and Hisham Al-Helbawy, Assistant Minister for National Projects, formalized the agreement. The AOI Chair lauded the collaboration with the Ministry of Local…

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EGYPT GOVT. TO BUILD LOGISTICS CORRIDOR IN TANZANIA

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Minister of Transportation Kamel Al-Wazir inspected the Kigali Dry Port in Rwanda, one of Egypt’s projects in African countries. The inspection was carried out by Minister of Transportation Kamel Al-Wazir and accompanied by Ambassador Nermin Al-Zawahiri, Egypt’s Ambassador to Rwanda. Covering an area of 50,000 square meters with an annual capacity of 50,000 equivalent container units, the port is considered the main dry port in Rwanda, a landlocked African country. This visit aligns with the…

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EGYPT AND BULGARIA SIGNED MoU TO BOOST NATURAL GAS

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Egypt and Bulgaria, Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, alongside Bulgaria’s Minister of Energy, Rumen Radev, inked a memorandum of understanding (MoU) to boost cooperation in the field of natural gas. The MoU, inked during the inaugural session of the Joint Cooperation Committee between the two nations, witnessed the presence of key dignitaries including Egypt’s Minister of Foreign Affairs, Sameh Shoukry, and Bulgaria’s Deputy Prime Minister and Minister of…

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MAINTENANCE WORKS KICK-OFF AT EGYPT SUEZ CANAL AUTHORITY

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The Suez Canal Authority announced Sunday the completion of the reparation of the dry bulk carrier ZOGRAFIA over four days and that it had resumed its journey within the north-bound caravan. The works included the replacement of some iron parts of the vessel’s body, and restoration of main balance pipes as well as hydraulic strut pipes. The ship was targeted by Houthis at Bab Al Mandab Strait while heading from Vietnam to Israel on January…

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HOW DABAA NUCLEAR PLANT PROJECT WILL BENEFIT RUSSIA AND EGYPT

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Russian President Vladimir Putin extended a warm welcome to all participants in the celebratory event marking the pouring of concrete for Unit 4’s electricity base at the Dabaa Nuclear Plant. During the concrete pouring ceremony at the Dabaa Atomic Energy Plant, President Putin addressed the attendees through a video conference. He described the event as a significant milestone in the construction of the nuclear facility in Egypt, emphasizing its importance as one of the most…

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EGYPT MINISTER OF HEALTH INSPECT VARIOUS PROJECTS

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Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, directed the intensification of work in the evening clinics at Kafr El-Sheikh General Hospital so that medical services in all specialities can be provided to citizens throughout the day. This came within the minister’s inspection tour in Kafr El-Sheikh Governorate, on Saturday, as part of a series of periodic field tours in various governorates of the republic, to follow up on the work situation in national…

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ABU DHABI PORT GROUP SIGN DEAL WITH EGYPT RSPA FOR PORT UPGRADE

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The Abu Dhabi Ports Group initialed a 15-year concession agreement, worth $3 million, with the Egyptian Red Sea Ports Authority (RSPA) to construct, upgrade, operate, and maintain the passenger and cruise ship terminals at the ports of Hurghada, Safaga, and Sharm El-Sheikh. The agreement is part of Egypt’s plan to expand cruise tourism, as has been the case with yacht tourism, the Egyptian Ministry of Transportation said in a statement on Thursday. Under the deal,…

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DRIVING ENERGY TRANSITION, SECURITY, AND DECARBONISATION: EGYPT ENERGY SHOW (EGYPES 2024)

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As the cornerstone for global energy dialogue for Africa and the Mediterranean, EGYPES 2024 is set to open its doors from 19–21 February 2024 in Cairo, Egypt. Under the distinguished patronage of His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, the Egypt Energy Show (EGYPES) 2024 is poised to open its doors next February, bearing the theme: “Driving Energy Transition, Security, and Decarbonisation.” As the epicentre for global energy dialogue…

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CONSTRUCTION OF GREATER CAIRO MONORAIL PROJECT AT 90% COMPLETE IN EGYPT

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The Greater Cairo Monorail project, one of Egypt’s most significant infrastructure developments, is advancing towards completion. The $4.5bn project, led by Egypt’s National Authority for Tunnels (NAT), aims to improve Cairo’s transportation network by linking the old city centre with the New Administrative Capital. The monorail encompasses two main lines: a 54-kilometre line connecting East Cairo to the New Administrative Capital and a 43km line from 6 October City to Giza. The system is designed to…

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EGYPT NATIONAL GREEN HYDROGEN PLANS FINALLY GETS APPROVAL

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The National Green Hydrogen Council officially approves the National Green Hydrogen Strategy. Prime Minister Mostafa Madbouly made the announcement during a meeting with council members, where he discussed the latest advancements in the field. The vision of the strategy is to position Egypt as one of the global leaders in the green hydrogen economy. By aiming to capture 5 to 8 percent of the global hydrogen market, the country seeks to make significant contributions to…

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EGYPT PRESIDENT INSPECTS ROAD PROJECT IN CAIRO

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Egypt’s President Abdel Fattah al Sisi made an inspection tour of several roads and axes in Greater Cairo, in the Nile Corniche area and Brigadier General Ibrahim El-Rifai Bridge. Sisi was briefed on efforts underway to connect New Cairo with the area of the National Museum of Egyptian Civilizations and the Nile Corniche through several traffic axes, primarily connecting Field Marshal Tantawi (El-Moshir Tantawi) Axis, Omar Suleiman Axis and the Martyr Axis with Counselor Abdel…

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SIEMENS MOBILITY SET TO PRESENT EGYPT’s TRANSPORTATION REVOLUTION AT TansMEA 2023

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Siemens Mobility, a global leader in rail transportation solutions, and the main contractor for Egypt’s high speed rail network, is presenting its cutting-edge innovations that will revolutionize Egypt’s transportation ecosystem at TransMEA 2023, the largest transport and logistics exhibition in the Middle East and Africa, taking place in Cairo on 5-8 November. “With a visionary commitment to modernizing rail travel, Siemens Mobility is introducing transformative advancements that will reshape the way Egyptians experience mobility,” said…

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THE INTRODUCTION OF THE CLIMATECH CHALLENGE AT THE SEVENTH EDITION OF EGYPT ENERGY SHOW (EGYPES)

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Demonstrating a firm commitment to Egypt’s Nationally Determined Contributions and its ambitious target of reducing greenhouse gas emissions by 65% by 2030, the Egyptian Ministry of Petroleum and Mineral Resources announces the launch of the region’s first CLIMATECH Challenge at the seventh edition of the Egypt Energy Show (EGYPES), taking place in Cairo from 19-21 February 2024.  The CLIMATECH Challenge serves as a global platform for start-ups to pitch their technological solutions and business models…

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TWO FIRM PARTNER TO BUILD 300 MW CHP POWER PLANT IN EGYPT

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Intro Sustainable Resources, a subsidiary of Intro Holding Investments, has signed a cooperation protocol with Siemens Energy, a global leader in energy technology, to implement and install a group of highly efficient combined heat and power (CHP) plants in Egypt and the region. The CHP plants will have a total capacity of 300 megawatts by 2030 and will use natural gas as fuel. The cooperation aims to reduce carbon emissions and address climate change by…

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GERD DILEMMA CONTINUE BETWEEN EGYPT AND ETHIOPIA AFTER LATEST TALKS

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Fourth filling of Ethiopia’s dam sparks new row with Egypt Ethiopia and Egypt are once again embroiled in a fierce diplomatic fight before the United Nations Security Council, as letters from both countries’ foreign affairs ministers show. The filling of the fourth stage of the Grand Ethiopian Renaissance Dam (GERD) became the latest flashpoint for a strong exchange of words between the two nations. Egypt accuses Ethiopia of violating a trilateral agreement, while Ethiopia claims…

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ANGOLA AND EGYPT SIGNED INFRASTRUCTURAL DEAL

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Egypt aims to increase the number of companies operating in Angola in the infrastructure sector, the country’s ambassador to Angola, Mohamed Safwat said Wednesday in Luanda. The diplomat, who was speaking to the press following a meeting with National Assembly Speaker Carolina Cerqueira, said his country is working closely with the Angolan government to increase the number of Egyptian companies in the Angola infrastructure sector. The Egyptian ambassador expressed satisfaction with the level of cooperation…

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