First Independent Mena Newspaper
Egyptian President Abdelfattah al-Sisi will make his first ever visit as leader to Turkey on July 27 amid improvement of ties between the two countries, reports say. During the visit, Al-Sisi will meet with Erdogan to discuss bilateral relations as well as regional developments, the reports add. The upcoming visit is coming amid an outstanding […]
Norwegian renewable power producer Scatec ASA will build a 5 gigawatts wind power plant in the Egyptian city of Sohag, near the Nile, following a $5 billion deal signed with the Egyptian ministry of Electricity and Renewable Energy. In line with the deal, the two sides signed Wednesday an agreement for Egypt’s New and Renewable […]
Egypt has begun the construction of its first integrated fishing port in the city of Rosetta, on the Mediterranean, “Egypt Today” reports. The project, valued at $19.4 million, will feature a quay whose capacity is 60 fishing boats per hour, and another dedicated to maintenance. The quay will be equipped with a tugboat whose capacity […]
Egyptian State-owned “Banque Misr” has signed an agreement with food delivery services provider Talabat Egypt to offer financial and non-financial services to Micro and Small businesses (MSMes), per a press release issued Monday. According to the agreement, Talabat Egypt’s partners will receive concessional financing of up to EGP 2 million ($65,000) needed for their micro […]
The Egyptian legislature green-lighted Wednesday a signed agreement between the Government and the Japan International Cooperation Agency (JICA) in which the Japanese agency will provide funds for the country’s Universal Health Insurance System (UHIS), Ahram Online reports. Egypt and JICA inked an agreement in March 2023 for the Japanese agency to provide a loan of […]
India’s leader Narendra Modi will visit Egypt Saturday – his first- and looks forward to advancing partnership between the two countries. Modi’s visit follows that of Egyptian leader Abdelfattah Al-Sisi to the Asian giant last January, at the invitation of the Indian leader himself. “We had the pleasure of receiving President al-Sisi as the chief […]
The Egyptian Transport ministry signed on the 19th of June a Memorandum of Understanding (MoU) with an International/Egyptian alliance to set up a consulting firm that will provide consulting services in the fields of transportation projects. The Egyptian-French consortium comprises French Aegis Alliance, the International Consulting Company (Sestra) and Shaker Engineering Company. The new firm, […]
Egypt signed Sunday a five-year agreement with the International Finance Corporation (IFC) to advise on its Initial Public Offering (IPO) program under which dozens of state-run companies will be listed on the stock market. The World Bank’s for the Empowerment of the Private Sector will act as a strategic advisor to the government for the […]
Egypt’s President Abdelfattah al-Sisi inaugurated Thursday the Tahya Misr multipurpose maritime Terminal in Alexandria as part of plans to develop local ports, local media “Ahram Online” reports. The Tahya Misr multipurpose maritime Terminal will play a vital role in transforming the Port of Alexandria into a regional and global hub for trade and logistics, the […]
Egypt’s national carrier EgyptAir has added new routes serving India and the United Kingdom, namely Cairo to Manchester and Cairo to New Delhi. The Manchester-bound flights will kick off on July 15 with plans to operate five weekly round trips on Tuesdays, Thursdays, Fridays, Saturdays, and Sundays, using the Boeing B737-800NG model. The first flight […]