The acquisition of these two Egyptian-based companies is the first international acquisition of Abu Dhabi Ports Group.
The Environment & Development Forum, which is a pre-event for the COP27 summit, started today 11th of September ending on 13th of September 2022, at the InterContinental City Stars, Cairo, Egypt, with various national, regional, and international affiliates.
President Abdel Fattah El Sisi received on Tuesday King of Bahrain Hamad bin Isa Al Khalifa, King Abdullah II of Jordan, and UAE President Mohamed bin Zayed Al Nahyan at the presidential palace in New Alamein City.
Trade exchange between Egypt and the United Arab Emirates (UAE) rose 1.4 percent to about $1.2 billion during the first quarter of 2022, compared to $1.1 billion during the same period in 2021.
President Abdel Fatah al-Sisi received Sunday at Alamain Airport UAE President Mohamed Bin Zayed.
On July 29, 2022, Foreign Minister Sameh Shoukry sent a letter to the president of the UN Security Council to express Egypt’s formal objection to Ethiopia's measures to unilaterally continue filling the Grand Ethiopian Renaissance Dam (GERD) without reaching an agreement with Egypt and Sudan.
Regarding Aldar's acquisition of Madinet Nasr for Housing and Development (MNHD), Al-Dhiyabi said that the MNHD rejected the proposals submitted by the Emiriti company til the latter raises its purchase offer.
Egypt extended Sunday condolences to the United Arab Emirates, Pakistan, Iran, and the United States.
ADNOC had signed an agreement with "Total Energy Marketing Afrique S.A.S." to acquire a 50 percent stake in Total Energy Marketing Egypt, with a value of approximately $186 million, in addition to an additional amount of up to $17.3 million, if certain conditions are met during the acquisition process.
Jaber pointed to large attention from brotherly countries to the initiative's details to join it.
This came in a filing by the company to the Egyptian Exchange (EGX) in response to what was published entitled: UAE Agthia seeks to acquire Obour Land for food industries.
The visit aims at achieving the interests of all parties and contributing to a more peaceful and prosperous region, the statement said, adding “In Addis Ababa, Ambassador Hammer will also consult with the African Union, under whose auspices GERD talks occur.”
Minister of Electricity and Renewable Energy Mohamed Shaker stated Tuesday that the draft agreement has been finished.
President Abdel Fatah al-Sisi received Tuesday Minister of Industry and Advanced Technology Sultan al-Gaber.
‘Mission Impossible’ 7 to be filmed in Lavanaspa in Dubai
This came during the signing of a cooperation protocol between AOI and the UAE Liwa Investment Holding in the various fields of industrialization and green sustainable development.
Egypt’s President Abdel Fattah El Sisi underlined on Wednesday the importance of the three-way cooperation with Jordan and the UAE and the launching of the Partnership Initiative for Sustainable Economic Development
He added that Jordan maintains its relations with every party in the region and does not depend on one party, to diversify options for achieving its interests and securing its strategic needs.
Madbouli said that the leaders of the three countries are keen to push forward the tripartite cooperation to achieve integration in various sectors, for the benefit of the peoples of those countries.
Sisi on Friday mourned the death of UAE President Sheikh Khalifa bin Zayed al Nahyan.