First Independent Mena Newspaper
Morocco has gained a clear support from the UEFA president Aleksander Ceferin and the Confederation of African Football (CAF) for joining Spain-Portugal bid for hosting World Cup 2030. Mr.Ceferin, Head of the European Union Football Associations, voiced his backing to Morocco’s joining the European candidacy for World Cup 2030 at a press conference held in […]
Egypt’s capital Cairo will host the third edition of Intra-African Trade Fair (IATF2023) in November. “The exhibition represents a unique opportunity to bring together African companies and make deals to achieve commercial, industrial and investment integration in the Black continent”, Egypt’s Minister of Trade and Industry Ahmed Samir said during a coordination meeting with a […]
The European Union (EU) has granted Egypt $40 million earn-marked for the improvement of food security in the North African country, Egypt’s International Cooperation Ministry said in a statement. The EU will provide the funds through the Italian Agency for Development Cooperation (AICS). Per the deal, the AICS will partner with the Egyptian Ministry of […]
Egypt’s Nuclear and Radiation Control Authority (ENRRA) has granted permission to Russia’s Rosatom State Atomic Energy Corporation for the construction of the El-Dabaa Nuclear Power Plant’s 3rd unit with a capacity of 1,200 megawatts, ENRRA said in a statement. The authority last Wednesday approved the permission to establish the third unit at the Hyena Station. […]
Mytilineos, a Greece-based industrial conglomerate whose business units are active in the sectors of metallurgy and energy, is planning to inject investment in Egypt in the areas of construction of solar power plants, storage batteries, new and renewable energy, oil, natural gas, infrastructure and sustainable engineering solutions, Egypt’s General Authority for Investment and Free Zones […]
Shen Ching, a Chinese company producing cast-iron pipes and steel industry, has announced plans to invest $2 billion in Egypt’s Suez Canal Economic Zone. Head of the Chinese firm, He Kijo, made the announcement during a meeting with Prime Minister Mustafa Madbouli in Egypt. The project is set to be built on an area of […]
The World Bank has approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of better health and education services, and adaptation to climate change. The bank in a statement said the Country Partnership Agreement (CPF) will entail $1 billion per year from the International […]
China is importing more food products such as avocados, cashews, sesame seeds and chili peppers from Africa, after President Xi Jinping promised to increase non-resource imports from Africa and agriculture is emerging as the new focus of Beijing’s engagement with the continent. In the first two months of this year, Shanghai ports handled more than […]
The General Authority for Investment and Free Zones’ (GAFI) CEO Hossam Haiba and CEO of Enterprise Georgia Mikheil Khidureli have signed a memorandum of understanding (MoU) to enhance investment cooperation between the two countries, the Egyptian side said in a statement on Monday. Enterprise Georgia is the corporate body responsible for promoting Georgian investment and […]
The Council for Arab Ministers of Health approved Egypt’s proposal to establish the Arab Drug Agency, the Egyptian Ministry of Health and Population said in a statement according to state-run Ahram news outlet. The approval is one of the most fruitful resolutions that resulted from the 58th session of the council, health minister Khaled Abdel-Ghaffar […]