SCZONE, china’s WU’AN XIN FENG to establish $297M Iron Factory
The Suez Canal Economic Zone (SCZONE) recently announced the signing of a contract with the Chinese company WU’AN XIN FENG, involving investments totaling $297 million. As part of this agreement, WU’AN XIN FENG has been granted usufruct rights to a vast land area of 750 thousand square meters. The purpose of this project is to […]
International assistance not compatible with Egypt’s efforts on migration governance: FM
Minister of Foreign Affairs Sameh Shokry stressed Monday to IOM Director General Amy Pope the importance of setting the organization’s priorities based on consultations with developing countries that carry a huge burden to achieve the governance of migration. Minister Shokry showcased that Egypt adopted a comprehensive approach to migration governance that is not limited […]
Egypt replies to ‘false Israeli allegations’ about smuggling weapons through borders with Gaza
Egypt has strongly denied all ‘false allegations’ that was circulated lately by several Israeli officials, including Prime Minister Benjamin Netanyahu regarding any smuggling operations of weapons, explosives, or ammunition, into the Gaza Strip from Egyptian territory. Egypt’s head of the State Information Service [SIS] Diaa Rashwan said in a Monday statement that all of these […]
Sisi, Macron review latest efforts to achieve urgent ceasefire in Gaza
Egypt’s President Abdel Fattah al Sisi spoke on Monday over the phone with President of France, Emmanuel Macron. Spokesman for the Presidency, Ahmad Fahmy, said the two Presidents discussed bilateral relations and ways to foster closer collaboration across various domains, to be commensurate with the historical and strategic nature that characterizes the two countries’ cooperation. […]
Egypt, BPGIC forge partnership for specialized petroleum-free zone
Prime Minister, Mostafa Madbouly, recently convened a meeting with officials from the Emirate Brooge Petroleum and Gas Investment Company Terminal (BPGIC) to explore the possibility of signing an initial agreement between Egypt and the company, according to a statement issued by the Cabinet. The agreement aims to establish a specialized free zone dedicated to petroleum […]
