These projects align with GAFI's overarching strategy of fostering a business-friendly environment and attracting more investments.
This move could potentially provide Egypt with a cost-effective alternative to Russian grain imports. Russia has been supplying an increasing share of Egypt's wheat since last year, but they recently refused a purchase deal below the unofficial minimum price for wheat procurement.
Both leaders expressed their commitment to revitalizing economic cooperation, expanding joint investments, and boosting trade exchange.
The agency said that the total remittances were estimated at about $3.5 billion during the fiscal year 2021/2022, while they were about $3.4 billion during the fiscal year 2020/2021, an increase of about 1.4 percent.
Egypt’s President Abdel Fattah El Sisi expected to head to the United Arab Emirates, Monday where he will meet with UAE President and Ruler of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan.
Ahead of expectations, the UAE’s Global Investment Holding Company has acquired 30 percent of Egypt’s Eastern Company
The International Cooperation Ministry released Q&As reviewing the efforts to enhance food security and the international partnerships concluded by the Ministry of International Cooperation over the past period.
President Abdel Fattah al Sisi spoke with President of the United Arab of Emirates Sheikh Mohamed bin Zayed Al Nahyan on Thursday.
President Abdel Fatah al-Sisi received Sunday cables from UAE counterpart Sheikh Mohamed Bin Zayed Al-Nahyan and Emir of Kuwait Sheikh Nawaf Al-Ahmed Al-Jaber Al-Sabah.
The slight increase in in petrol prices follows a small reduction observed in the previous month, as reported by UAE media outlets
Egypt welcomed the announcement of the United Arab Emirates and Qatar on the restoration of diplomatic representation between them by resuming the work at the Embassy of the UAE in Doha, and at the Embassy of Qatar in Abu Dhabi and its consulate in Dubai as of Monday.
He noted that the positive results achieved by the Arab League and the UN in recent years are clear examples of the progress that can be achieved through joint cooperation.
Prime Minister Mostafa Madbouli attended Tuesday evening the signing of an agreement between the Ministry of Electricity and Renewable Energy and the Abu Dhabi Future Energy Company (Masdar).
This came during head of the Egyptian Civil Aviation Authority Amr el Sharqawi's meeting with director of the UAE General Civil Aviation Authority Sief Mohamed Alsuwaidi.
Heiba also visited a number of factories in the free zone, agreeing on the organization of an Egyptian-Emirati business forum.
That is for attracting VIVO Communication Technology Co. Ltd. to operate in Egypt.
Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba attended Monday the signing of an MoU between Benya, Khazna Data Centers, and Maadi Technology Park.
The German Foreign Ministry announced that Berlin will host the Petersberg Climate Dialogue on May 2-3 with the participation of Egypt and the UAE.
President Abdel Fatah al-Sisi made a phone call Thursday to his UAE counterpart Sheikh Mohamed Bin Zayed Al Nahyan.
President of the United Arab Emirates, Sheikh Mohammed bin Zayed Al-Nahyan said that he explored with president Abdel Fattah al Sisi opportunities to further strengthen the deep-rooted ties between the UAE and Egypt during their meeting in Cairo on Wednesday.