First Independent Mena Newspaper
Ayman Soliman, Chief Executive Officer of the Sovereign Fund of Egypt (SFE) unveiled plans for upgrading downtown Cairo and the Ministries Square, including the establishment of 2,600 hotel rooms, the development of 15,000 square meters of green spaces, and the revitalization of historical buildings, Ahram Online reported Thursday. Soliman speaking at a meeting of the […]
Egypt’s Ministry of Transport will hold a Conference on Wednesday January 3 in the New Administrative Capital to explore ways to enhance the establishment of local and international marinas and boost yacht tourism in the North African country, Ahram Online reports. Investors and stakeholders in yacht tourism and marina construction, investors in coastal villages and […]
Libya’s General Federation of Chambers of Commerce, Industry, and Agriculture has proposed a new commercial crossing on the border with Egypt to facilitate the flow of goods and enhance bilateral trade, separate from the Salum land crossing used by individuals, Libya Observer reports. Mohamed Al-Raeed, head of the federation, held discussions on the initiative during […]
Egypt, Iraq, and Jordan are putting the final touches to start operations on the first stage of the Arab Trade Line, the first-ever shipping/logistics line connecting several countries from the Arab Gulf to Egypt on the way to European and American ports, Ahram Online reports. Work is underway to build the Taba–Arish trade/logistics railway corridor, […]
Egypt and Zimbabwe signed Thursday December 21 a Memorandum of understanding (MoU) in the field of low- and medium-cost housing and efficient housing at reasonable prices, using modern construction technology. Under the deal between the Egyptian and Zimbabwean Housing Ministries, the two sides will exchange expertise, information, and technical capacities to provide housing, regulatory framework, […]
King Mohammed VI has sent a message of congratulations to Abdel Fattah el-Sisi on his re-election as President of Egypt for a third term wherein he hailed the distinguished ties of brotherhood and friendship binding the two countries. The Sovereign reaffirmed in his message determination to continue working together with the Egyptian President to […]
Egypt’s incumbent President Fattah al Sisi was declared Monday December 18 winner of “2024 presidential elections” with more than 89 per cent of votes, extending therefore his grip on power until 2030. Head of Egypt’s National Elections Authority (NEA), Hazem Badawy, at a press conference said al Sisi garnered 89.6 of total votes. Al Sisi […]
Egypt’s Ministry of Health and Population is targeting an annual revenue of $11.5 billion, or 10% of the global medical tourism revenues, the ministry’s spokesman Hossam Abdel Ghaffar has revealed. Ghaffar also disclosed to Al Arabiya that the North African country intends to launch an electronic platform to provide tourism services within 3 months. The […]
Egypt’s General Authority for Investments and Free Zones (GAFI) has been elected as regional director of The World Association of Investment Promotion Agencies (WAIPA) in the Middle East-North Africa region, at the 27th World Investment Conference (WIC) of the leading global body representing government agencies in charge of attracting inward investment, held in New Delhi. […]
Egypt’s Premier Mostafa Madbouly prolonged Monday until March 30, 2024, the ban on onion exports in place since October as part of efforts to control soaring prices of the commodity. Madbouly announced the decision during a meeting with relevant ministers as they tried to monitor the sufficient availability and affordability of various commodities in markets […]