Abu Dhabi Ports acquires majority stake in two Egyptian companies by $140M

Wed, 14 Sep 2022 - 07:14 GMT

The acquisition of these two Egyptian-based companies is the first international acquisition of Abu Dhabi Ports Group.

Al Masaood Power Showcases First UAE-built Smart Electric Charging Solution at Environment & Development Forum

Wed, 14 Sep 2022 - 11:28 GMT

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 Sisi meets with leaders of Bahrain, Jordan and UAE

Tue, 23 Aug 2022 - 06:31 GMT

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.

Emirati investments in Egypt jump to $1.9B in H1 of 2021/22

Sun, 21 Aug 2022 - 03:24 GMT

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.

Egypt, UAE presidents exchange views on international issues, regional security

Sun, 21 Aug 2022 - 12:03 GMT

President Abdel Fatah al-Sisi received Sunday at Alamain Airport UAE President Mohamed Bin Zayed.

UAE calls on Egypt, Sudan, Ethiopia to resume talks on GERD ‘in good faith’

Thu, 04 Aug 2022 - 03:38 GMT

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.

UAE's Aldar Properties plans to expand land portfolio in Egypt within $1.5B investment

Mon, 01 Aug 2022 - 12:58 GMT

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 extends condolences on victims to 4 countries hit by floods simultaneously

Sun, 31 Jul 2022 - 11:04 GMT

Egypt extended Sunday condolences to the United Arab Emirates, Pakistan, Iran, and the United States.

ADNOC Distribution acquires 50% of Total Energies in Egypt

Thu, 28 Jul 2022 - 03:39 GMT

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.

PM urges private sector to benefit from investment opportunities in light of growing ties with UAE

Mon, 25 Jul 2022 - 03:16 GMT

Jaber pointed to large attention from brotherly countries to the initiative's details to join it.

Obour Land denies receiving offer from UAE Agthia to acquire company's shares

Sun, 24 Jul 2022 - 02:41 GMT

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.

US Special Envoy for Horn of Africa visits Egypt, UAE, Ethiopia to discuss GERD issue

Sat, 23 Jul 2022 - 09:57 GMT

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.”

Egypt, UAE to establish wind farm with capacity of 10 GW

Wed, 06 Jul 2022 - 01:11 GMT

Minister of Electricity and Renewable Energy Mohamed Shaker stated Tuesday that the draft agreement has been finished.

Egyptian president receives UAE Minister of Industry, Advanced Technology

Wed, 06 Jul 2022 - 12:35 GMT

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

Mon, 20 Jun 2022 - 03:23 GMT

‘Mission Impossible’ 7 to be filmed in Lavanaspa in Dubai

Egypt's AOI, UAE's Liwa Investment signs cooperation protocol

Wed, 15 Jun 2022 - 06:08 GMT

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.

Sisi underlines importance of tripartite cooperation with UAE, Jordan

Wed, 01 Jun 2022 - 08:51 GMT

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

King Abdullah II: Jordan works with UAE, Egypt, Iraq to build foundations of political and economic cooperation

Sun, 29 May 2022 - 06:50 GMT

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.

Egypt’s PM discuss ways of industrial integration with Jordan, UAE

Mon, 16 May 2022 - 08:08 GMT

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 heads to Abu Dhabi to offer condolence over death of UAE president

Sat, 14 May 2022 - 01:40 GMT

Sisi on Friday mourned the death of UAE President Sheikh Khalifa bin Zayed al Nahyan.