COP27: Africa's event with highest turnout in history of climate conferences responds to logistic criticism

Thu, 17 Nov 2022 - 12:09 GMT

Some logistical issues at COP27 received wide coverage in a few British and U.S. newspapers and websites despite their small scale and at the expense of the climate discussions that were held at the huge event. Here is the response.

Prospective logistics zones at 3 Egyptian governorates to create 15K jobs

Mon, 22 Aug 2022 - 01:18 GMT

Those are direct and indirect jobs.

Egypt, Saudi Arabia sign 14 investment agreements worth $7.7B

Tue, 21 Jun 2022 - 11:55 GMT

Those are in the sectors of infrastructure, logistics, port management, food industries, pharmaceuticals, traditional energy, renewable energy, e-payment, digital financial and information solutions.

Egyptian ministry announces construction of 22 logistic zones at 11 governorates

Thu, 09 Jun 2022 - 03:05 GMT

Those would create 250,000 direct and indirect jobs, and hopefully, improve the flow of supply chains in Egypt.

Egyptian Prime Minister heads to Tunisia to co-chair Joint Supreme Committee

Thu, 12 May 2022 - 08:55 GMT

The supreme committee consists of a number of technical committees.

President Sisi inaugurates 4th edition of TransMEA 2021

Sun, 07 Nov 2021 - 08:16 GMT

The 4th edition of TransMEA is being held under the slogan “The Road to 2030,” said Presidential Spokesperson Bassam Radi in a statement on Sunday.

Ain Sokhna Port is being upgraded at LE20 billion over 2 years

Tue, 02 Feb 2021 - 01:18 GMT

It should be turned into a regional logistics center.

Egypt signs MoU with Saudi Company to localize IT technology

Mon, 08 Jul 2019 - 08:59 GMT

The MoU is considered a first step towards signing a contract between the National Organization for Military Production and Newton.

130-member delegation participates in 22nd Arab-German Business Forum

Sun, 23 Jun 2019 - 01:10 GMT

Prime Minister Mostafa Madbouly departed to Germany on Sunday heading a delegation of 130 individuals to attend the 22nd Arab-German Business Forum.

UFM’s regional projects reach €5.5B: PM

Tue, 08 May 2018 - 11:26 GMT

The Prime Minister Ismail said that Union for the Mediterranean (UFM) carried out many achievements in terms of regional development projects and programs

Business News Wrap-up

Sat, 07 Apr 2018 - 05:08 GMT

A wrap-up of the most prominent business news of the day.

Public enterprise ministry seeks investments in Suez Canal Development Corridor

Wed, 31 Jan 2018 - 03:27 GMT

Public Enterprise Minister discussed with head of the SCA ways of developing cooperation and increasing investments in the Suez Canal Development Corridor.

Trade Ministry forms a council on transportation, logistics

Sat, 16 Dec 2017 - 03:10 GMT

Trade Minister Tarek Kabil issued a decree on Saturday to form a council for transportation, logistics and shipping.

EBRD to fund water desalination plant in Ain Sokhna

Thu, 30 Nov 2017 - 12:20 GMT

The bank will help in establishing the plant and fund the related feasibility studies.

Business news wrap-up

Wed, 29 Nov 2017 - 05:45 GMT

A wrap-up for the most prominent business news of the day.

Singapore's Sabana REIT calls off talks with Warburg Pincus-backed unit

Sat, 25 Nov 2017 - 02:18 GMT

Sabana Shari'ah Compliant Industrial REIT said on Saturday that it has ceased talks with Warburg Pincus-backed e-Shang Redwood (ESR) that were exploring options related.

Chinese Logistics Park in SCZone will attract $30M in investment

Wed, 08 Nov 2017 - 10:07 GMT

The new project will serve the Belt and Road Initiative as a major international logistics service-provider.

Egypt inks initial agreement with DP World for SCZone project

Thu, 21 Sep 2017 - 02:02 GMT

The final agreement will be signed after finishing all business procedures.

Egypt plans an Investment zone, economic center in Marsa Matrouh

Sat, 05 Aug 2017 - 04:30 GMT

An investment zone and an international economic center would be established west of Marsa Matrouh governorate.

Egypt Post, Jumia to cooperate for e-commerce services

Thu, 03 Aug 2017 - 05:00 GMT

Egypt Post will sign three agreements with international shopping platform Jumia to cooperate in the field of electronic commerce