UAE
Fertiglobe has secured a contract valued at €397 million to supply green ammonia to the European Union. The contract spans until 2033 and sets the rate at €1,000 per ton.
The delegation members voiced their keenness to boost cooperation ties with Egypt and have further investments in different promising fields.
These meetings aim to contribute to increasing incoming tourist traffic to Egypt.
The Prime Minister emphasized a strong conviction that Egypt's energy future hinges on new and renewable sources. He underscored the importance of exploring avenues to integrate substantial amounts of such energy into the electrical grid and coordinating efforts to localize industries linked to renewable energy technologies, including solar panels and wind energy.
The two sides also addressed the ways of enhancing cooperation between Al Azhar Institute, one of the top Islamic Sunni institutes in Egypt and the Arab world, the United States of Emirates and the Muslim Council of Elders, the statement added.
The transaction value is estimated at around $449.1 million, with Electra paying $1.05 per share.
Egypt repaid a substantial portion of its domestic and external public debt, amounting to $25 billion since March 2024
Additionally, Rabie highlighted the SCA's accomplishments in promoting yacht tourism along the canal to maximize its benefits and generate foreign exchange income.
The Arab foreign ministers also stressed the importance of dealing seriously and positively with the US President’s proposal with the aim of agreeing on a deal that guarantees a permanent ceasefire and the adequate delivery of aid to all parts of the Gaza Strip, in a way that ends the suffering of the people of the Strip.
In an official statement, Madbouly also stated that Egypt is working with the UAE to waive an Emirati deposit of $6 billion in the Central Bank of Egypt (CBE) and convert it to Egyptian pounds
Reportedly received by Egypt on Sunday, the tranche consisted of $14 billion and $6 billion currently held from a previous deposit by the UAE at the Central Bank of Egypt (CBE)
President El-Sisi also extended his heartfelt condolences and sincere sympathy to the people and leadership of the UAE, praying to Allah the Almighty to embrace the deceased with His perfect mercy and forgiveness, grant his family patience and solace, and protect the people of the UAE from all harm.
Establishing the first offshore campus of UAE’s Sharjah University in Egypt would enhance the position of the two countries on the map of international higher education.
Minister of Foreign Affairs Sameh Shokry received Monday evening a phone call from his Emirati counterpart Sheikh Abdallah Bin Zayed Al-Nahyan.
Aid airdropping comes in lights of intensified Egyptian efforts to reach a humanitarian ceasefire inside the Gaza Strip and to ensure the continued flow of humanitarian aid for the besieged Palestinians and meet their basic demands amid a worsening humanitarian crisis inside the Strip, the statement continued.
Ramy Amin: The conference aims to shed light on available investment opportunities and mechanisms to address challenges.
Egyptian Foreign Minister Sameh Shoukry along with counterparts of Saudi Arabia, UAE, Qatar, and Jordan, and the Secretary General of the PLO Executive Committee meet with the US Secretary of State Blinken
Egypt Air announced a temporary cessation of its flights between Cairo and Dubai and vice versa due to the bad weather conditions in the Emirate of Dubai in the United Arab Emirates (UAE).
The Egyptian Air Force (EAF) has continued conducting airdrops of tons of humanitarian aid, including food items and relief supplies, into isolated areas in the northern part of the Gaza Strip on March 24 and 25.
The airdrops targeted isolated and inaccessible areas in the northern Gaza Strip, with two planes delivering 24 tons of food and relief aid, the Command reported. With this 11th airdrop, the total aid dropped since the inception of Operation "Birds of Goodness" has reached 462 tons of food and relief aid.
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