Egypt

EGYPT PRESIDENT BRIEF ON CURRENT PROJECT DEVELOPMENT BY OFFICIALS

Posted on by Gambeta News
EGYPT PRESIDENT BRIEF ON CURRENT PROJECT DEVELOPMENT BY OFFICIALS

President Abdel Fattah Al-Sisi held on Tuesday two meetings to follow up on current and future projects to develop Egypt’s sea, dry and land ports.

The first meeting was attended by Prime Minister Mostafa Madbouly, Minister of Finance Mohamed Maait, Minister of Transportation Kamel Al-Wazir, Minister of Trade and Industry

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HOW EU €550M GRANT HAS HELP EGYPT WATER DIFFICULT FOR 15YEARS

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HOW EU €550M GRANT HAS HELP EGYPT WATER DIFFICULT FOR 15YEARS

Head of the European Union Delegation to Egypt, Ambassador Christian Berger, has said that the EU co-funded existing programs that cover 16 governorates in Egypt, providing jobs, mainly in rural areas. This shall help improve the quality of life for nearly 20 million people in Egypt.

Berger’s remarks came on …

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EGYPT GOVT. DISCUSS ENVIRONMENTAL INVESTMENT PROJECTS WITH MSMEDA

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EGYPT GOVT. DISCUSS ENVIRONMENTAL INVESTMENT PROJECTS WITH MSMEDA

Egypt’s Minister of Environment Yasmine Fouad has met with the CEO of the Small, Medium, and Micro Enterprises Development Agency (MSMEDA) Basil Rahmi to discuss issues related to financing environmental investment projects.

The Ministry of Environment has established a unit for environmental and climate investment that undertakes the task of …

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HOW EGYPT SUCCED TO IMPLEMENT STRATEGIC PLAN ON TRANSPORT SECTOR

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HOW EGYPT SUCCED TO IMPLEMENT STRATEGIC PLAN ON TRANSPORT SECTOR

Minister of Transport Kamel El Wazir asserted that Egypt’s success in implementing strategic projects and its great achievements in the various transport sectors over the past phase amounted to EGP 2 trillions from June, 2014, till June 2024, in addition to establishing the new Suez Canal to allow ships’ transit …

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SUDAN TO SUPPORT ETHIOPIA IN GERD DAM CONSTRUCTION ISSUES

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SUDAN TO SUPPORT ETHIOPIA IN GERD DAM CONSTRUCTION ISSUES

Sudan has now returned to its prior position, expressing its full support for the Grand Ethiopian Renaissance Dam. It’s a dramatic shift from when Sudan sided with Egypt to oppose the dam’s construction.

The announcement was made when Prime Minister Abiy Ahmed (PhD) went to Sudan, where he was welcomed

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EGYPT AND SUDAN DISCUSS BILATERAL WATER COOPERATION

Posted on by Gambeta News
EGYPT AND SUDAN DISCUSS BILATERAL WATER COOPERATION

Egypt’s Minister of Water Resources and Irrigation Hani Sweilam arrived in Sudan on Saturday on an official two-day visit to discuss bilateral relations with his Sudanese counterpart Daw Al-Bayt Abdel Rahman.

It’s Sweilam’s first visit to Sudan since he assumed his position in August 2022. 

Sweilam stressed the strength and …

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EGYPT HEALTH MINISTER ANNOUNCED DEVELOPMENT OF NATIONWIDE HEALTH SYSTEM

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EGYPT HEALTH MINISTER ANNOUNCED DEVELOPMENT OF NATIONWIDE HEALTH SYSTEM

Egypt’s Minister of Health and Population Khaled Abdel Ghaffar directed the intensification of follow-up and evaluation work for plans to develop the health system nationwide.

This came during the weekly meeting of the ministry’s leaders, heads of sectors and agencies, and with the participation of all the ministry’s undersecretaries in …

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EGYPT GOVT. SIGN DEAL FOR SOLAR AND WIND POWER PROJECT

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EGYPT GOVT. SIGN DEAL FOR SOLAR AND WIND POWER PROJECT

Renewable energy company AMEA Power Ltd. has announced the financial close for the two major clean energy projects in Egypt, making way for construction to begin. 

The two projects, the 500MW Abydos solar plant located 600km south of Cairo in Aswan governorate and the 500MW Amunet wind farm 318 km …

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EGYPT AND SOUTH KOREA SIGN MOU FOR URBAN DEVELOPMENT

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EGYPT AND SOUTH KOREA SIGN MOU FOR URBAN DEVELOPMENT

The National Agency for Administrative City Construction of the Republic of Korea (NAACC) and the Administrative Capital for Urban Development of the Arab Republic of Egypt (ACUD) virtually signed a memorandum of understanding (MoU) for cooperation in urban development on 28 December.

Korea’s Ambassador in Cairo Hong Jin-Wook and Egypt’s …

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EHCAAN TO REVIEW EL SHEIKH AIRPORT INFRASTRUCTURE

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EHCAAN TO REVIEW EL SHEIKH AIRPORT INFRASTRUCTURE

The Egyptian Holding Company for Airports and Air Navigation (EHCAAN) has reviewed the most important achievements made so far in its project to develop Sharm El Sheikh airport as passenger throughput at the facility increases.

The company explained in a statement on Monday that the airport upgrade plan is one …

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EGYPT REAL ESTATE DEVELOPER PROPOSING NEW FINANCIAL MECHANISM

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EGYPT REAL ESTATE DEVELOPER PROPOSING NEW FINANCIAL MECHANISM

The Board of Directors of the Real Estate Development Chamber at the Federation of Egyptian Industries presented the most prominent successes achieved by the chamber during 2022.

These successes were based on the continuous follow-up of market developments, cooperation with the Housing Committee in the House of Representatives, and government …

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VALORE EL THAWRA PROJECT LAUNCHED IN EGYPT

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VALORE EL THAWRA PROJECT LAUNCHED IN EGYPT

El Riyad Castle Development launched the Valore El-Thawra project in an event that was attended by the company’s founder, Member of the House of Representatives Ahmed Abdel Mageed, along with several officials and community celebrities.

Tarek Eid — a Member of the Board of El Riyad Castle Development — stated …

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EGYPT SIGNED US$15BILLION DEAL AT COP27 CLIMATE CONFERENCE

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EGYPT SIGNED US$15BILLION DEAL AT COP27 CLIMATE CONFERENCE

Egypt has signed agreements to carry out projects at a value of around US$15 billion at the recent United Nations climate conference (COP27), said Environment Minister Yasmine Fouad.

Speaking to the DMC TV channel, she reiterated that the projects inked at COP27, whose activities lasted until Saturday in Sharm El …

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EGYPT GOVT. AGREEDS TO LAUNCH EWIS WITH GREECE

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EGYPT GOVT. AGREEDS TO LAUNCH EWIS WITH GREECE

Egypt has agreed to launch an electrical wiring interconnection system (EWIS) between Egypt and Europe via Greece with €3.56bn investment.

The project will export clean energy from Egypt to Europe via Greece, and Greece will use part of the energy, and export the bulk to European countries.

The project comes …

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UAE AND EGYPT SIGN DEAL TO CONSTRUCT WORLD LARGEST WIND FARM

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UAE AND EGYPT SIGN DEAL TO CONSTRUCT WORLD LARGEST WIND FARM

UAE and Egypt have agreed to jump in the race in building one of the world’s largest onshore wind farms in Egypt.

The project once completed will see Egypt have the world’s largest wind farm whereby overtaking the current one at Gansu, China.

The agreement was made in COP27 with …

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HOW EGYPT PLANS TO BRIDGE ITs FINANCIAL GAPS

Posted on by Gambeta News
HOW EGYPT PLANS TO BRIDGE ITs FINANCIAL GAPS

The Central Bank of Egypt (CBE) decided to liberalize the exchange rate and raised the interest rate by 2% in an exceptional meeting of the Monetary Policy Committee (MPC).

Over the past two days, the prices of Egypt’s bonds offered in euros and dollars in foreign markets increased, and the …

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EGYPT HEALTH MINISTRY SIGN DEAL TO PROMOTE HEALTH SECTOR

Posted on by Gambeta News
EGYPT HEALTH MINISTRY SIGN DEAL TO PROMOTE HEALTH SECTOR

Egypt’s Minister of Health and Population Khaled Abdel Ghaffar witnessed the signing of a cooperation protocol between the Higher Committee for Medical Specialties and the Arab Council for Health Specializations, within the framework of enhancing cooperation in the file of professional medical training.

The protocol was signed by Hossam Hosni, …

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EGYPT GOVT. SET TO LAUNCH NEW TOURISM PROMOTION CAMPAIGN

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EGYPT GOVT. SET TO LAUNCH NEW TOURISM PROMOTION CAMPAIGN

Amr El-Qadi, Executive Director of the Egyptian Tourism Promotion Board (ETPB), said that a new tourism promotion campaign will be launched next month, aiming to present Egypt as a vibrant destination with diverse tourism products.

He added that this campaign will target the main tourist export markets for Egypt and …

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EGYPT PRESIDENT MEET WITH OFFICIALS TO ESTABLISHED UNIFIED NATIONAL NETWORK

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EGYPT PRESIDENT MEET WITH OFFICIALS TO ESTABLISHED UNIFIED NATIONAL NETWORK

Egypt’s President Abdel Fattah Al-Sisi met with several officials of the Armed Forces to follow up on the executive position of establishing a unified national network for emergencies and public safety on Sunday.

The president was briefed on the developments in establishing the national network for emergency and public safety, …

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EGYPT GOVT. DENIES SELLING EGYPTIAN PORTS TO FOREIGN PARTIES

Posted on by Gambeta News
EGYPT GOVT. DENIES SELLING EGYPTIAN PORTS TO FOREIGN PARTIES

The Cabinet Media Center has dismissed as groundless reports about selling Egyptian ports to foreign parties.

In a statement on Monday 26/9/2022, the media center said it contacted the Transport Ministry, which denied these reports, asserting that they are baseless and bare of truth.

The Transport Ministry stressed that ports …

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