Germany sealed 13 military export contracts with Egypt worth €800 million between January 1 and June 5, making the North African country the leading client for German military equipment in the Arab world. Germany, according to DPA which cites the German economic affairs ministry, so far this year has approved 56 military deals to the […]
Tag: Egypt
Egypt’s Suez canal generates revenues of $6.24 billion
Egypt gained $6.24 billion in revenues from the Suez canal, that is a 5.14% rise compared to last year. The Egyptian government set the target of doubling that figure to $13 billion by 2023 as it sees growth against the backdrop of improved security conditions and improved trade between Europe and Asia. The canal is […]
German Siemens eyes €2 billion investment in mega wind farm project in Egypt
German independent power producer Siemens Gamesa is in talk with Egyptian authorities to inject €2 billion in a large wind power project in the East of the country. According to officials, the mega wind project would generate 2 GW of electricity under a BOO (build, own and operate) contract, a form of public-private partnership […]
Egypt: Several police forces killed in two attacks in North Sinai
Two attacks claimed by the Islamic State group (ISIS) killed Wednesday several law enforcement agents near the city of al-Arich, in North Sinai, where the army has been waging war on militant groups. The interior ministry said the attacks occurred at two checkoints on Eid al-Fitr celebration, which took place on Wednesday in the most […]
AFCON: CAF vows to beef security during competition in Egypt
The African football governing body CAF has pledged to tighten security during the African Cup of Nations to take place in Egypt, which has been battling with militant groups opposed to the regime of President Fattah al-Sisi. “Security is a big problem in the world, not only in Egypt. No country can be sure that […]
Haftar forces hand over Egypt’s most wanted terrorist
Eastern Libyan forces led by Field Marshall Khalifa Haftar Tuesday extradited one of Egypt’s most wanted terrorists to Egyptian authorities, a move welcomed President Fattah al-Sisi. Live television footage on the national TV showed Hesham Ashmawi being escorted from a military aircraft by heavily armed GIS forces, local media Egyptian Streets reports. Ashmawi, 41, a […]
Sudan: Al Sisi concerned about Islamists’ ties with TMC
Egyptian President Fattah al-Sisi has asked the Sudanese Transitional Military Council (TMC) to distance itself from Islamists who formed the bacon of support for former ruler Omar al Bachir. This came during the meeting TMC leader Abdelfattah Burhan held in Cairo Sunday with President al-Sisi as talks for the formation of a Sudanese transition council […]
Sudan junta leaders visit Gulf allies
The head of Sudan’s ruling military council, Lt-Gen Abdel Fattah al-Burhan has visited the United Arab Emirates (UAE) over the weekend, a day after he visited neighboring Egypt. Al-Burhan on Sunday met Abu Dhabi’s crown prince, who expressed the UAE’s support for Sudan as it navigates a transition after the overthrow of autocrat Omar al-Bashir, […]
Renewable energies: Egypt’s capacity hits 6,000 MW
It’s official! The renewable energy has reached a capacity of 6,000 MW in Egypt, according to Mohamed el-Khayat, Executive Chairman of the New & Renewable Energy Authority (NREA). The North African nation reached the target, a year before the government deadline to add 20% renewable energy in the country’s electricity mix. Of the 6,000 MW […]
Egypt to commission the largest solar park in Africa
The Egyptian Government will commission by the end of 2019 all the power plants that make up the Benban large solar photovoltaic park, with a total capacity of 1.65 GW, Egyptian Minister of Investment and International Cooperation, Sahar Nasr has announced. Nineteen solar parks in the Benban complex have already been commissioned. Altogether, these facilities […]









