Egypt, ITFC sign $1.5 billion annual work programme for 2026
Egypt and the International Islamic Trade Finance Corporation (ITFC) signed a $1.5 billion annual work programme…
Browsing Tag
Agreements
Egypt, Jordan ink 10 pacts to boost investment, trade, tourism ties
Egypt and Jordan signed 10 agreements to expand cooperation in investment, tourism, youth, and other sectors, as…
7 agreements to explore oil, gas signed in Egypt
Seven Agreements were signed to explore petrol and gas with minimum investments of $162 million during 2017/2018,…
South Korea signs deal to pay more for US troops after Trump demand
Officials signed a short-term agreement on Sunday to boost South Korea’s contribution toward the upkeep of U.S.…
Five contractors, Chinese CLSD mandated for Egypt new capital’s towers area: source
Egyptian government has reportedly chosen five major construction firms to start talks with Chinese firm CLSD over…
El Batal in talks with partners for residential flagship in New Cairo
Egypt's El Batal Group for Housing and Development says it is negotiating with one of the real estate developers to…
Egypt eyes $10 billion in oil investments in FY2018/19
Egypt's Minister of Petroleum Tarek el-Molla said on Saturday that measures adopted by the ministry will help…
Egyptian FM Shoukry flies to Bahrain for two-day visit
Egypt's foreign minister Sameh Shoukry headed the Egyptian delegation to Bahrain on Saturday for the 10th meetings…
Sisi, Putin hold informal talks in Russia’s Sochi ahead of official meeting
Egypt’s President Abdel Fattah al-Sisi arrived late on Tuesday to the Russian city of Sochi, where he and Russian…
ITFC seals $3 bln Egypt commodities funding deal
The International Islamic Trade Finance Corporation (ITFC) has signed $3-billion framework agreements with the…
Talks end with China warning trade benefits at risk if U.S. imposes tariffs
China warned the United States on Sunday that any agreements reached on trade and business between the two…
Egypt lining up to establish MENA’s first hydropower plant
Egypt's Electricity Ministry plans to build the first hydropower plant in the Middle East at a capacity of 2,400…
Egypt’s SCZone ports revenues hit 2.4 bln pounds in 2017
Egypt's Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish said that…
Egypt approves 3 important international agreements with EU: minister
The Egyptian government has agreed to sign three important international agreements, including a 540 million euro…
Moscow: U.S. arms may spur use of force by Kiev in eastern Ukraine
The U.S. decision to supply weapons to Ukraine is dangerous as it will encourage Kiev to use force in eastern…
Putin says Russian flights to Egypt will be resumed soon
Russia is planning to resume its flights to Egypt very soon, Russian President Vladimir Putin said on Monday…
Egypt’s customs tax of imported cars to fall by 80% next January
Head of Egypt’s Customs Authority Magdy Abdel Aziz said Sunday that the customs tax on cars, which currently…
Egypt inks €300 mln funding agreements, €400,000 grants at Africa 2017 Forum
Egypt’s government has signed Friday agreements of €300 million and grants of €400 million to finance development…
Egypt, Kuwait sign $57mn deals to fund North Sinai development flagships
Egypt's Investment and International Cooperation Minister Sahar Nasr signed Monday two agreements of 17.5 million…
EgyptAir signs $6 bln agreements to purchase 45 new planes in 2 years
EgyptAir has signed deals worth $6 billion to purchase 45 new airplanes from a number of international aircraft…
Egypt says no gas agreements with Israel until arbitration cases resolved
Egypt will not issue permits to companies to import natural gas from Israel as long as arbitration cases with its…
$27.3 billion to be invested in Egypt’s three gas fields in 2018: minister
Investments worth $27.3 billion will be put towards three Egyptian natural gas fields, including Zohr, North…
Egypt’s Pharos Holding eyes 7.5bn pounds agreements in 18 months
Egypt’s Pharos Holding investment bank is targeting deals worth 7.5 billion Egyptian pounds ($427.84 million) in…
Egypt inks three contracts of $79 mln for oil and gas exploration: minister
Minister of Petroleum Tarek al-Mulla signed three new agreements for oil and gas exploration in the Western…
Egypt’s ISDF signs new deal for Halayeb, Shalateen slums
Egypt’s Informal Settlements Development Fund (ISDF) signed Thursday new agreements worth 900 million Egyptian…
American Airlines says Qatar Airways refiles for clearance to buy stake
American Airlines Inc said on Wednesday that state-owned Qatar Airways has revised its antitrust filing with U.S.…
After handshakes and concert, G20 seeks ‘difficult’ consensus
Leaders from the world's top economies meet to forge a consensus on trade and climate change on Saturday after…
Egypt’s Investment Minister inks three deals of €203.5 million with Germany
On the sidelines of the visit of President Abdel Fattah al-Sisi to Germany on Monday, Egypt’s Minister of…
Under fire at home, Trump lands in Saudi for first foreign trip
Dogged by controversy at home, President Donald Trump opened a nine-day foreign trip on Saturday in Saudi…
United Bank attains 120mn Egyptian pounds from SFD to fund SMEs
State-run United Bank of Egypt obtained 120 million Egyptian pounds from the Social Fund for Development (SFD) in…
Paris is keen on developing military ties with Egypt: French minister
France is keen to develop defence ties with Egypt in the areas of manufacturing, exchanging expertise, and…
Saudi Arabia, Indonesia to combat ISIS: ambassador
A pact to combat terrorism will be the centerpiece of up to ten agreements that will be signed when Saudi Arabia's…
Russia to deliver MiG-29 jets to Egypt on time: Sputnik
A delivery of 50 MiG-29 fighter aircraft from Russia to Egypt is set to be delivered on schedule by 2020, the…
East Ukraine ceasefire due to take effect
A ceasefire is due to come into effect in eastern Ukraine following a deal in Munich over the weekend to halt…
Egypt signs oil and gas exploration deals worth $30M
Egypt’s Petroleum Minister Tarek al-Molla signed two agreements for oil and gas exploration in the Western Desert…
Redcon mulls establishing 3 industrial zones in Hurghada, Ain Sokhna
Egypt-based Redcon Construction is negotiating with a number of investors to establish three industrial zones in…
Egypt signs 3 oil, gas exploration deals worth $220mn
Egyptian Petroleum Ministry signed three new agreements for exploring gas and oil in the Mediterranean Sea on…
Italy’s Eni signs 2 new gas exploration deals with Egypt
Italy’s Eni, one of the leading global oil and gas companies, signed on Tuesday two new concession agreements with…
Sisi meets Djiboutian counterpart, signs several agreements
Egypt’s President Abdel Fattah Al-Sisi met with his Djiboutian counterpart Ismaïl Omar Guelleh in Cairo on Monday.…
Silicon Waha, Chinese phone manufacturers sign agreements to produce electronics locally
Silicon Waha, a company tasked with establishing and developing technology zones in Egypt, has signed a…