Egypt Archives - Page 4 of 10

US AND EGYPT DISCUSSED REGIONAL STABILITY ON GERD DAM

Posted on July 18, 2022 by Gambeta News

Following a meeting over the weekend between President Joe Biden and his Egyptian counterpart Abdel Fattah Al Sisi in Jeddah in Jeddah, Saudi Arabia, the two leaders issued a joint statement in which the U.S. and Egypt discussed, among others, promoting “regional stability.” One of the issues the two leaders discussed is the issue of Ethiopia’s Grand Ethiopian Renaissance Dam (GERD). “President Biden reiterated U.S. support for Egypt’s water security and forging a diplomatic resolution that would…

CONSTRUCTION OF EIGHT NEW BUILDING AT EGYPT SPACE CITY UNDERWAY

Posted on July 14, 2022 by Gambeta News

Construction works are underway at eight out of a total of 23 buildings at the new Egyptian space city, stated Mohamed El-Qousy, CEO of the Egyptian Space Agency. The space city is being inaugurated on an area of 123 acres and is planned to include 23 buildings, including the Egyptian Space Agency building, the African Space Agency building, and the design and development building for space systems. The city will also include a space academy,…

EGYPT ENGINEERING INDUSTRY EXPORTS RECORDS US$1.5BN IN FIVE MONTH

Posted on July 5, 2022 by Gambeta News

Egypt’s engineering industry exports increased by about 31 percent to register $1.551 billion in the first five months of 2022, compared to $1.185 billion during the same period last year, according to the monthly report of the Engineering Export Council of Egypt (EECE). The engineering industries’ exports increased by 25 percent in May 2022, reaching $264.7 million, compared to $211.7 million in May 2021, added to the report. Regarding the most important sectors whose exports…

EGYPT INSTALL SOLAR-POWERED PUMPS AT 85 WATER WELLS

Posted on June 28, 2022 by Gambeta News

The Ministry of Irrigation and Water Resources announced that solar-powered pumps had been installed at 85 water wells at New Valley’s Kharga, Dakhla, and Farafra. The press statement added that such pumps are planned to become generalized to rationalize the use of underground water and promote clean energy. Egypt has rehabilitated canals with lengths of up to 5,242 km in different governorates thus far since the national project of lining canals kicked off. The project,…

ETHIOPIA TELL EU TO RECONSIDER ITS BIASE STANCE ON GERD PROJECT

Posted on June 24, 2022 by Gambeta News

The European Union should reconsider its biased stance on the Grand Ethiopian Renaissance Dam,” Ambassador Dina Mufti, the spokesperson of the Ethiopian Ministry of Foreign Affairs (MoFA), said at the Ministry’s biweekly presser to local media. Recalling the recent joint statement between Egypt and the European Union regarding GERD, the spokesperson stated that the EU’s stance about “Egypt’s water security” is not acceptable. The Ambassador assured us that Ethiopia doesn’t have any plan to harm any…

EGYPT GOVT. COMPLETES 5,242KM CANAL REHABILITATION

Posted on June 22, 2022 by Gambeta News

Egypt has rehabilitated canals with lengths of up to 5,242 km in different governorates thus far since the national project of lining canals kicked off. The project, launched per the instructions of President Abdel Fatah al-Sisi, aims to rehabilitate canals with total lengths of 20,000 km at a cost of L.E. 80 billion by mid-2024. This comes within the framework of a comprehensive vision seeking to provide necessary water needs for all water-using sectors, both…

CONSTRUCTION OF EGYPT NEW EL ALAMEIN CITY MAKING PROGRESS

Posted on June 20, 2022 by Gambeta News

Prime Minister Moustafa Madbouli on Saturday paid an inspection tour of the under-construction projects in New El Alamein City on the North Coast. He was accompanied by Minister of Housing, Utilities, and Urban Communities Assem El Gazzar and Chairman of the New El Alamein City Development Authority Wael Samir. Briefing the prime minister on the progress made in the ongoing projects, Gazzar said the current investments in the city, which occupies a total area of…

TSFE TO INJECT EGP 5BN INTO EGYPT INFRASTRUCTURAL SECTOR

Posted on May 31, 2022 by Gambeta News

The Egypt Infrastructure and Utilities Sub-Fund, affiliated with the Sovereign Fund of Egypt (TSFE), aims to inject EGP 5bn worth of investment into infrastructure projects across Egypt over the next two years. Karim Badr, CEO of the sub-fund said that the fund is in the process of launching tenders for the construction of five desalination plants in partnership with the private sector with a total capacity of 3 million cubic meters per day, with investments…

EGYPT PRESIDENT INSPECT LAND RECLAMATION PROJECTS

Posted on May 25, 2022 by Gambeta News

Egypt’s President Abdel Fattah Al-Sisi has followed up on the land reclamation projects carried out by the Egyptian Countryside Development Company. This came during a Tuesday meeting attended by Prime Minister Mostafa Madbouly; Minister of Water Resources and Irrigation, Mohamed Abdel-Aty; Minister of Agriculture and Land Reclamation, Elsayed Elkoseir; and Chairperson of Egyptian Countryside Development Company, Amr Abdel Wahab. The presidential spokesperson stated that the meeting discussed the status of the 1.5 Million Feddan Project…

EGYPT LAUNCH NATIONAL STRATEGY FOR CLIMATE CHANGE 2050

Posted on May 19, 2022 by Gambeta News

Egypt will today launch the National Strategy for Climate Change 2050 in an event that will be attended by Prime Minister Mostafa Madbouli and a large number of ministers. The strategy aims for achieving sustainable growth that is based on emission reduction in different sectors and improving capacity-building in the realm of coexistence and mitigation of climate change impact. That is out of a belief that coexistence and mitigation are considered mechanisms that would protect…

EGYPT GOVT. ALLOCATE EGP 6bn TO UPGRADE NATIONAL GAS GRID

Posted on May 2, 2022 by Gambeta News

Petroleum Minister Tareq el Molla has unveiled a number of projects meant to upgrade the efficiency of the national gas grid as production from the Eastern Mediterranean fields continues to take an upturn. In a statement on Monday, Molla said the government has put the value of investments in the new ventures at more than six billion pounds. He cited a project to duplicate the Capital-Dahshour pipeline to extend over 67 kilometers. Another pipeline duplication…

EGYPT GOVT. TO REVAMP GREATER CAIRO METRO LINE

Posted on April 25, 2022 by Gambeta News

The Egyptian government has taken concrete steps to revamp Greater Cairo’s first metro line as it signed a contract with Alstom to supply 55 air-conditioned trains, and an agreement with the French government to acquire funding worth €776.9 million. The development of the line includes introducing an automatic operation system of the trains and reducing headway to 2.5 minutes. What’s more, the local component will be 13.3 percent, and the project will be self-funded by…

EGYPT CABINET APPROVED LEGALISING UNLICENSED BUILDINGS

Posted on April 21, 2022 by Gambeta News

The Cabinet approved Wednesday legalizing 238 unlicensed churches and affiliated buildings turning the total to 2,401. The status and requests of that batch have been examined, since January 6, by the committee in charge of legalizing unlicensed churches, which is headed by Minister of Justice Omar Marwan. The government made submitting reconciliation requests to legalize unlicensed constructions, mainly flat-buildings, mandatory in 2020 or demolition would be the fate of such units. Unlicensed units were given…

EGYPT TO IMPLEMENT PPP PROJECTS FOR VARIOUS DEVELOPMENT

Posted on April 19, 2022 by Gambeta News

Egypt is proceeding with the implementation of public private partnership (P.P.P) projects in various development fields, as it is the locomotive of job-rich economic growth and a fundamental pillar for achieving sustainable development, according to Minister of Finance, Mohamed Maait He pointed out that the second phase of the national project to establish and operate 1,000 distinguished language schools under the P.P.P system, witnessed an increasing demand from Egyptian and Arab investors, as many companies…

EGYPT SET TO AUTOMATE UNIVERSITIES WITH PHASE ONE PROJECT

Posted on March 23, 2022 by Gambeta News

Egypt’s Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar will launch on Sunday the first phase of a project to automate university hospitals. Abdel Ghaffar said that all universities with hospitals are being developed, pointing out that the ministry is not interested in education only but rather in providing more medical services and providing the best for university-educated students. He also added that the development measures in university hospitals require a lot of…

PRESIDENT EL-SISI FOLLOWS-UP ON PROGRESS IN THE IMPLEMENTATION OF “EGYPT’S FUTURE” PROJECT

Posted on March 14, 2022 by Gambeta News

President Abdel-Fattah El-Sisi meets with the Prime Minister and other ministers to review progress in the implementation of the national project “Egypt’s Future” for agricultural production. The President was briefed on progress and developments in the current and future phases of the project from its various aspects, notably the areas cultivated so far, the water supply and electricity in addition to the project’s infrastructure. The President gave directives to continue work toward completing the objectives…

NEW OLYMPIC SPORT CITIES PROGRESS IN MOTION AT EGYPT

Posted on March 2, 2022 by Gambeta News

Egypt President Abdel Fattah El-Sisi has met with senior officials to discuss the progress of the implementation of the new Olympic sports cities nationwide. Such senior officials includes Prime Minister Dr. Moustafa Madbouly, Minister of Planning and Economic Development Dr. Hala El Said, Minister of Finance Dr. Mohammed Maait, Minister of Youth and Sports Dr. Ashraf Sobhy, Head of the Armed Forces Engineering Authority Major General Ihab El-Far and Head of the Armed Forces Financial…

EGYPT SILVERSAND PROJECTS TO BEGIN IN 1Q OF 2022

Posted on February 8, 2022 by Gambeta News

Ora Developers Egypt is making plans to establish a sports club in the company’s Silversands project in the North Coast. According to it’s CEO Haitham Abdel Azim, the club will boast numerous sports facilities, a medical area, and a group of playgrounds in its new project. During an interview with one of Egypt top media house, Azim explained and outline the roles Silversand project will play in Egypt. He also noted that the project will…

CHINA, EGYPT DISCUSS AFRICA’S DEVELOPMENT AGENDA

Posted on February 7, 2022 by Gambeta News

President Abdel Fattah El-Sisi held summit talks with Chinese President Xi Jinping at the Great Hall of the People in Beijing. The Spokesman for the Presidency stated that the Chinese president welcomed President El-Sisi’s visit to Beijing, which would contribute to strengthening the distinguished relations between the two countries, especially joint development cooperation. In this context, he lauded the positive development of the comprehensive strategic partnership between the two countries at all levels, especially at…

EGYPT HOPING TO REACH GERD DAM AGREEMENT

Posted on January 18, 2022 by Gambeta News

The Grand Ethiopian Renaissance Dam (GERD) project is still having issues with all three parties involved (Sudan, Egypt and Ethiopia) still yet to come to a conclusion on way to settle their dilemma. However, in a interview with the BBC, Egypt Prime Minister Mostafa Madbouli has reaffirmed that Cairo is keen to reach a legally binding agreement on the filling and operation of the Grand Ethiopian Renaissance Dam (GERD). He noted that the three countries…

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