Dar Beida ship

Egypt Urges Swift Move to Second Phase of Gaza Peace Deal in Call with US Secretary of State

Egypt’s Foreign Minister Badr Abdelatty, on December 9, called for an immediate transition to the second phase of the Gaza peace agreement signed in Sharm El-Sheikh in last October. In a phone discussion with US Secretary of State Marco Rubio, he emphasized the urgency of forming a Palestinian technocratic committee to administer the Strip and […]

Nigeria keen to join Africa free trade zone – Minister

Nigeria’s minister of industry, trade and investment on Monday said the West African nation will sign the Africa Continental Free Trade Agreement as soon as President Muhammadu Buhari approves an impact-assessment report he commissioned. Nigeria is one of 29 countries yet to sign the agreement seeking to boost intra-African trade, stimulate investment and innovation. In […]

Egypt, Saudi Arabia to sign electricity transmission network agreements

Egypt and Saudi Arabia will sign soon multiple contracts for a 2 GW electricity transmission network that will connect the two countries’ grids. The project worth $1.6 billion will connect both countries’ grids with 900 kilometers of overhead transmission cables and pass across the sea bed, for 25 kilometers. Egypt will finance 40 per cent […]