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Both officials talked digital transformation, digital capacity building, artificial intelligence, and electronics design and manufacturing.
Ambassador Kim acknowledged that Korean companies operating in Egypt are benefiting from recent positive developments in Egypt’s macro-economic situation. He expressed gratitude to Minister Al-Mashat for her leadership and role in concluding a series of agreements with international partners, including the IMF, EU, and World Bank.
Minister Shokry presented the opportunities and incentives that Korean investors could leverage in Egypt.
The project will involve investments worth $2 billion, according to a statement from SK Ecoplant. The companies aim to have the project fully operational by 2029
The National Team Committee does not make administrative decisions, leaving it up to the KFA's Executive Board whether to act on its recommendation to fire Klinsmann, whose contract runs through the 2026 World Cup.
South Korea's hunt for a first Asian Cup title in 64 years suffered a major blow when coach Juergen Klinsmann confirmed on Friday that first-choice goalkeeper Kim Seung-gyu had been ruled out of the rest of the tournament with a knee injury.
Ambassador Kim also praised that Sohag has made great achievements in implementing Haya Karima initiative and said Korea would continue to cooperate to help Egypt make further progress by, among others, introducing Egypt to Korea’s Saemaul movement that had contributed in developing Korea’s rural areas in the 60’s and 70’s.
Gargoub Port Company will have the responsibility of equipping, managing, operating, and maintaining the Gargoub seaport, including its docks and infrastructure
The trade delegation is visiting Egypt from 31 October to 2 November. They are specialized in the field of water industry and headed by Korea Water Partnership (KWP).
Both sides exchanged views on furthering developing technical education and Korean language education in particular, while expressing their appreciation of ongoing cooperation.
The Egyptian exports value reached $2 billion during 2022, compared to $618.6 million during 2021, recording an increase of 219.5 percent.
The meeting was attended by Speaker of the Egyptian House of Representatives Abdel Fatah al-Gebaly, a number of Korean parliamentarian, and South Korean ambassador.
The conference was organized by the South Korean Ministry of Economy and Finance and the Korea Export-Import Bank, in cooperation with the African Development Bank (AfDB)
Minister of Social Solidarity Nevine al-Qabaj received Monday the South Korean ambassador to Egypt.
This came during his reception with the accompanying delegation at the headquarters of the Ministry of Military Production in the New Administrative Capital.
Engineer Wael Samir, Head of the New Alamein City Authority, received Ambassador Kim Young Hyun, South Korean Ambassador to Egypt, and his accompanying delegation.
A total of 120 applicants completed the course over a period of four weeks. Each group of six took the one-day course at a time with the course running for five days a week. Given by Korean chef Hong Seng Hee, an expert in dietetics and responsible for quality control in several food companies, the program included teaching the recipes of traditional Korean dishes like Bulgogi, Kimbap and Sujebi; besides Korean street food like Tteokbokkie; and side dishes like Banchan and kimchi.
Klinsmann was appointed in February and his team have drawn twice and lost twice as the Koreans look to build on their run to the knockout rounds of last year's World Cup under his Portuguese predecessor.
The workshop highlighted the result of the practical education curriculum for the students, which was introduced in the last event ‘Yala Maa Baad’ held on 24 April 2023 at Luxor.
Egypt has experienced significant economic challenges due to COVID-19, the Russia-Ukraine war, and the global austerity measures since 2020. Despite these difficulties, Egypt has been making ongoing efforts to overcome them. In particular, they have been actively promoting foreign investment and striving to make Egypt an attractive investment destination, the statement said.
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