Tag: Egypt

Egypt, Italy seal deal to operate RoRo shipping line in H1 2024

January 23, 2024

Egypt and Italy have inked an agreement for the international transport of goods by towed land vehicles, trailers, and semi-trailers, using roll-on/roll-off (RoRo) line, ‘Arab ... Read More

EBRD to invest $75m in HAU Energy BV to back 1.1 GW Gulf of Suez wind farm in Egypt

January 23, 2024

The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a ... Read More

Egypt’s president warns Cairo won’t allow any threat to Somalia amid dispute with Ethiopia

January 23, 2024

Cairo will stand shoulder to shoulder with Somalia and will not allow any threat to the Horn of Africa country, Egypt’s president has said, referring ... Read More

Africa’s 2023 investment hotspots list dominated by Kenya, Egypt, Nigeria and S.Africa — report

January 23, 2024

Kenya, Egypt, Nigeria, and South Africa have emerged as the top investment destinations in Africa for funding in 2023, as the quartet of markets collectively ... Read More

China’s FM on Africa charm offensive tour calls for Gaza ceasefire

January 16, 2024

China’s Foreign Minister Wang Yi has kicked off his inaugural trip of 2024 that takes him to four countries around Africa, focusing on diplomacy, economics, ... Read More

Egypt mulls plans to increase accommodation capacity of Cairo airport to 30 million passengers per year

January 16, 2024

The Egyptian Government is planning to expand by two folds the capacity of the Cairo International Airport to 30 million passengers per year, a cabinet ... Read More

UN warns against Red Sea crisis escalation, as disrupted shipping prompts Africa price concerns

January 15, 2024

The United Nations has warned against escalation in the Red Sea following multiple airstrikes by US and UK forces targeting Houthi rebels in Yemen who ... Read More

Egypt’s national carrier to launch third route to Libya from January 25

January 15, 2024

Yehia Zakariya, chairman of the Board of Directors of the EgyptAir Holding Company, has confirmed the operation of new direct flights from Cairo to Misrata ... Read More

Morocco, UAE, Egypt, Jordan, Bahrain team up in industrial partnership

January 13, 2024

Morocco joined an Arab industrial cooperation partnership bringing together the UAE, Egypt, Jordan and Bahrain aiming to promote investments and economic development. The partnership's MoU ... Read More

Saudi-led consortium seals deal with Egypt on $1.5bn in 1.1 MW wind project

January 12, 2024

A consortium led by the Saudi-listed water desalination company ACWA Power has signed a usufruct agreement to invest $1.5 billion in a 1.1 MW wind ... Read More