The African Union Troika is holding this Tuesday a summit meeting in Cairo to discuss the political and security situation in Libya and means to contain the current crisis and eradicate terrorism. The summit hosted by Abdel Fattah Al Sisi, current president of the African Union, will be attended by the presidents of Rwanda, South […]
Tag: Egypt
Egypt earmarks $75 million for two desalination plants
The Egyptian government has earmarked $75 million for two seawater desalination plants in the Suez Canal Economic Zone. The objective, according to the General Authority of the Suez Canal Economic Zone (SCZone), is to promote economic development in the east of the country. The $75 million investment will boost the seawater desalination capacity in the […]
Electric cars: Egypt open for business!
Egypt is considering strategies with manufacturers to invest in the development of the electric vehicle market in the North African nation. In a conclave held in Cairo last week, officials from several Ministries, including that of Military Production, the Arab Industrialization Organization and the Federation of Industries have discussed ways forward to invest in the […]
Libya: Haftar wins al-Sisi’s backing in offensive to take Tripoli
Khalifa Haftar, commander of the self-style Libyan National Army (LNA) Sunday received his first open international endorsement for his offensive on Tripoli as he met Egypt’s President Fattah al-Sisi who launched his weight behind the so-called war on terror. “The president affirmed Egypt’s support in efforts to fight terrorism and extremist militias to achieve security […]
Egypt to pull out from planned Arab NATO-style force
Egypt Wednesday informed the United States it was withdrawing from the US-led military NATO-style initiative being planned in the Arab world in view of countering Iran’s influence in the region. Egypt’s decision was revealed a day after President Fattah al-Sisi visited US leader Donald Trump in the White House. The withdrawal deals a blow to […]
Egypt: al-Sisi almost doubles minimum wage few weeks ahead of controversial constitution amendments
Egyptian President Fattah al-Sisi Saturday shot up the minimum wage by 67 per cent from 1,200 Egyptian pounds ($69.27) to 2,000 ($115.74) per month as he embarks on extending his stay in power. The Egyptian leader speaking at a women event said the decision was expected to come late June. As part of the decision, […]
Egypt: US must check al-Sisi’s steady power grab- Carnegie Endowment
Recent constitution change maneuvers to expand President Fattah al-Sisi’s stay in power beyond 2022 and the unprecedented crackdown on criticism must wake up US policymakers, the Carnegie Endowment Center notes warning that the totalitarian regime in the most populated Arab country may not last long in front of growing discontent and anger. In a paper […]
Sudan summons Egypt’s envoy over oil bids in disputed Halayeb triangle
Sudan Thursday said it summoned Egypt’s ambassador to protest concessions tenders issued by Egypt in the disputed Halayeb triangle. “The foreign ministry summoned the Egyptian ambassador Hossam Eissa on Thursday to protest against the tenders issued by the Egyptian oil ministry for areas under the sovereignty of Sudan,” Sudan’s foreign ministry said in a statement. […]
Egypt: Nissan gets approval to produce 100,000 export-oriented cars annually
Japan carmaker Nissan has received initial approval to produce 100,000 car units per year in Egypt, which targets car export to revive its vehicle production industry. Nissan will manufacture the car, jointly with state-owned carmaker El Nasr Automotive Manufacturing, Minister of Public enterprise, Hesham Tawfik told media. Majority of cars produced will be exported. Egypt […]
Russia to deliver to Egypt 20 Su-35 fighter jets next year
Russia will deliver 20 Su-35 fighter jets to Egypt as early as 2020-21 following a $2-billion deal signed between the two countries end of last year. Egypt will start receiving the military aircraft as early as next year, reported Russian media kommersant, citing two senior defense industry officers. The Su-35 fighter is a fourth-generation multi-function […]









