First Independent Mena Newspaper
Egypt Wednesday August 30 accorded South Korean tech giant Samsung a golden license to set up a mobile phone plant to produce, after the North African provided the firm another permit to manufacture tablets for educational use. The future factory, 6,000 square meters, is expected to generate 768 direct and indirect jobs and located in […]
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. BP’s chief executive Bernard Looney made the announcement after meeting with President Abdelfattah al-Sisi. The investments will go towards research, exploration and development, the office of the Egyptian leader announced. […]
A grouping of 40 political parties, known as The Egyptian Parties Alliance, has called on President Abdelfattah al-Sisi to seek another term in office, ahead of 2024 presidential elections. “This endorsement aims to fulfil the aspirations and ambitions of the Egyptian people and to continue the path of development and progress,” the alliance said in […]
An Egyptian judge investigating state’s legal action against 85 organizations for getting foreign funds to finance 2011 revolution dropped Tuesday August 22 charges against 75 nonprofit organizations, lifted travel ban imposed on them and unfroze their assets, the justice ministry has indicated. Investigations have concluded for 75 organizations, with orders of non-prosecution (dismissal orders) issued […]
Texas-based Apache Corporation will inject additional $1.4 billion into the Egyptian oil sector, the company’s CEO John Christman told Egyptian Prime Minister Mustafa Madbouly on Sunday August 20. Apache Corporation is the USA’s largest investor in the North African country oil sector. The company according to Egyptian authorities, is poised to pump more investments and […]
Singapore’s Changi Airports International inked Thursday August 17 in Singapore two deals with Cairo Airport Company to jointly develop Cairo International Airport, “Ahram Online” reports, citing the North African country’s Civil Aviation Ministry. The first deal, a consultancy agreement, is passenger-focused and seeks to implement impactful solutions to improve the passenger experience at Cairo International […]
Both Egypt and China’s ministers of Agriculture signed Wednesday August 16 to collaborate on developing drought and salt-tolerant crops to overcome water scarcity and salinity in Egypt as the country confronts the major impacts of climate change, “Ahram Online” reports. Egypt’s El-Sayed El-Quseir and his Chinese counterpart Tang Renjian signed the agreement which the Egyptian […]
The English Premier League (EPL) will this 2023-2024 season promote Egypt as a travel destination as part of the North African country’s efforts to attract more holidaymakers. The Egyptian General Authority for Tourism (EGAT) will run two-minute commercials on big electronic screens in various stadiums hosting EPL games, “Ahram Online” reports. The EGAT plans to […]
Egypt’s Ministry of Health signed a memorandum of understanding Wednesday August 9 with French Gustave Roussy National Cancer Institute to upgrade and raise the standards of Egyptian public hospitals, “Ahram Online” reports. The MoU will, according to the ministry, improve the quality and efficiency of public health facilities and enhance public-private partnerships in the sector. […]
The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]