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Uzbekistan sets $500M trade goal with Egypt, signs six key cooperation agreements

Uzbekistan and Egypt have taken a major step in bolstering their bilateral relations, signing six pivotal cooperation agreements during the 7th Session of the Joint Committee on Economic, Scientific, and Technical Cooperation this December 24. The event, co-chaired by Egypt’s Minister of Planning and International Cooperation, Rania A. Al-Mashat, and Uzbekistan’s Minister of Investment, Industry, […]

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Côte d’Ivoire’s Cheick Sallah Cissé claims World Taekwondo Championships

Cheick Sallah Cissé, the Ivorian who made a name for himself and his country seven years ago in Rio Olympics, won Sunday a World Taekwondo Championships title in the men’s over-87 kilograms division. Cisse overcame defending champion Carlos Sansores of Mexico, with 2-1 victories in both rounds. In both rounds, he built a 2-0 lead […]

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Saudi Arabia to build world’s largest wind farm in Uzbekistan to bridge energy shortages at home

Saudi Arabia has pledged to invest $14 billion in Uzbekistan including the construction of the world’s largest wind farm with a capacity of 1.5 GW that will power 1.65 million homes, reports say. The Gulf Kingdom’s power company ACWA Power will build the farm in Karakalpakstan region. The project will solve the kingdom’s chronic energy […]

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Russia to start financing industrial zone construction in Egypt from 2022

Russia will start financing construction of the industrial zone in Egypt and is considering the use of such format in other countries, First Deputy Minister of Industry and Trade Vasily Osmakov said, Arab Finance reports citing TASS News agency. “We will start funding construction of the Russian industrial zone in Egypt from the next year. […]