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 […]
Tag: Egypt
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 […]
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’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 […]
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 […]
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 […]
Egypt: 17 terrorists killed in Sinai (Interior Ministry)
The Egyptian Interior Ministry said that police killed 17 terrorists in the al-Obaidat district of the city of al-Arich, in the north of the Sinai Peninsula. Several firearms and explosives were seized by the response forces. Egypt has been facing, for years, insurrections by Muslim Brothers across the country, as well as by a local […]
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 […]
Mike Pompeo “expressed outrage” at “tragic death” of US Citizen in Egyptian Prison
US Secretary of State Mike Pompeo Sunday expressed to President Fattah al-Sisi his outrage at the death of a US citizen in prison in Egypt, a death that the American top diplomat branded as “pointless and tragic”. Pompeo made the complaint following the death of Mustafa Kassem, 54. After a protracted hunger strike. Mustafa Kassem […]
Egypt: Middle East Largest Military Base Inaugurated
President Fattah al-Sisi inaugurated Wednesday Bernice military base, the largest in the country and the Middle East, set to emphasize Egypt’s influence in the Red Sea. Located on the Red Sea coast along Egypt’s southern borders, the Bernice base covers 150,000-acre and is house to a naval base, an airbase, an army hospital, some combat […]