Egypt Headlines

Former Egyptian president Hosni Mubarak passes away

Former Egyptian president Hosni Mubarak passed away at the age of 91, state television announced Tuesday. The former leader had undergone surgery just weeks prior to his death, local media reported. Hosni Mubarak had succeeded in 1981 President Anouar al-Sadat, who made Egypt the first Arab country to sign a peace treaty with Israel. He […]

Asia Egypt Headlines International

Egypt: Production of electric buses to begin in November

Egypt will start manufacturing electric buses as of November this year under an agreement with China’s Foton Motor.   Under the agreement, Foton Motor, which designs and manufactures trucks and buses, will manufacture 2,000 buses over four years, 500 vehicles per year. Production can be increased to 5,000 buses.   Minister of Military Production Mohamed […]

Asia Egypt Headlines International

Palestine: Egypt begins construction of wall at border with Gaza

Egypt Wednesday began construction of a concrete wall along border with Gaza to thwart illegal trafficking from inside the enclave controlled by the Hamas movement. Egyptian cranes and workers launched the construction along the lines of an old, lower barrier that stretches three kilometers (two miles) from Gaza’s southeastern tip at Karem Shalom to the […]

Egypt Europe Headlines International

Italy to Sell Egypt Two Frigates as Ties are Thawing

Italy is on the verge on selling two FREMM frigates to Egypt as relation between the two countries are improving. The talks for the sale of the two vessels, in the pipeline for some time, have been confirmed by Italy’s Foreign Minister, Luigi Di Maio, and by Fincantieri CEO, Giuseppe Bono, Defense News reports. The […]

Asia Egypt Headlines International Morocco

Mohammed VI Cup: Raja Casablanca lost first leg in semi-final bout with Al Ismaily

Raja Casablanca, Morocco’s only side left in the Mohammed VI Cup (Arab Club Championship) lost Sunday the first leg of the semi-final match with Egypt’s Al Ismaily. Al Ismaily scored the only goal of the match in the 52nd minute from Fakhereeen Ben Youssef on penalty. The Egyptians dominated the match with possession rated 58 […]

Egypt Energy Europe Headlines International

Egypt’s EGAS Signs $43m Oil Exploration Deal with Wintershall Dea

The Egyptian Ministry of Petroleum & Mineral Resources signed a new agreement with the Egyptian Holding Company for Natural Gases “EGAS” and the German company Wintershall Dea to search for and produce oil and natural gas in eastern Damanhur area in the Nile Delta with a minimum investment of $43 million and $11 million grants […]

Business Egypt Headlines

Egypt to build $228 mln facility to turn rice straw into wood

Egypt will set up a facility to convert rice straw into wood in a bid to limit air pollution resulting from burning the straw. The $228 million plant, located in the Nile Delta’s Beheira Province, will produce 205,000 square meters a year of medium-density fiberboards (MDF), using technologies developed by German engineering firm Siempelkamp. The […]

Asia Egypt Energy Headlines International

UAE: CAFU to open shop in Egypt, first market in Africa

Emirati on-demand petroleum product supplier, CAFU, will begin operations in Egypt under a Memorandum of Understanding with the Egyptian General Petroleum Corporation. The agreement will enable CAFU to launch fuel delivery services in Egypt in line with regulations and safety standards. Launched in the UAE in 2018, CAFU uses mobile app to provide service anytime […]

Asia Egypt Energy Headlines International Maghreb

Egypt: ITFC earmarks $1.1bn for energy, internal trade funding in 2020

The International Islamic Trade Finance Corporation, IFTC, has allocated to Egypt $1.1 billion destined to fund the energy sector and internal trade in 2020, Egypt Today reports. Minister of Trade and Industry Nevine Gamea who made the announcement said $700 million of the funding will go to the energy sector, and $400 million to internal […]

Africa Egypt Headlines International Morocco

Futsal 2020: Morocco Wins African Cup of Nations

Morocco was crowned Friday Africa’s Champion in indoor football, winning the 2020 Futsal African Cup of Nations for the second time in a row. They defeated Egypt’s Pharaohs in the final of the tournament 5-0 Friday evening in the Moroccan Sahara city of Laayoune. The Atlas Lions, holder of the AFCON 2016, will now focus […]