China
Chinese Ambassador to Egypt Liao Liqiang announced that China-Egypt TEDA Suez Economic and Trade Cooperation Zone (TEDA) has recently achieved significant momentum on the financial level as first loan in renminbi worth 220 million yuan has been successfully disbursed to bank roll expansion work of second phase of the zone.
China's Ambassador to Cairo, Liao Liqiang, said on Monday that Beijing supports the Gaza reconstruction plan proposed by Egypt and adopted by the Arab countries at the extraordinary Arab Summit hosted in Cairo.
Spanning 83,000 square meters over two phases, the project is expected to generate 1,200 direct job opportunities and is scheduled to begin operations in September.
Speaking at a press conference held on the sidelines of a meeting of the Political Bureau of the CPC Central Committee, the Chinese foreign minister elaborated on China’s view and position on the Israeli-Palestinian conflict, saying "Changing its status by forceful means will not bring about peace, but only new chaos. We support the plan for restoring peace in Gaza initiated by Egypt and other Arab countries."
Mostafa Ibrahim, Deputy Chairman of the China Committee at the Egyptian Businessmen’s Association, forecasts that Chinese investments in Egypt will reach between $2 and $3 billion by 2025.
Dr. Fouad also learned about the company's advanced technology in the forestry and afforestation fields, including seed ball technology. This technology aids in planting forests by utilizing soil and air moisture as water sources, helping to combat the effects of climate change and desertification simultaneously.
Minister Abdelatty outlined Egypt’s efforts to solidify the ceasefire agreement in Gaza and ensure its implementation in three distinct phases
The vessel, registered under the flag of the Marshall Islands, is 199 meters long, 38 meters wide, and has a draft of 10 meters. It boasts a capacity of up to 7,000 cars and features environmentally friendly technology, including a dual-fuel engine that can operate on liquefied natural gas.
Egypt extended its heartfelt condolences to the People’s Republic of China following the devastating earthquake that struck southwestern China on Tuesday, resulting in numerous fatalities and injuries.
Chairman of the Board of Directors of Damietta Port Authority Tarek Adly Abdullah said the port is ready to provide all forms of support to the China Xinxing Group Co. Ltd., which specializes in the manufacture of pipes, tubes, and steel products in implementation of the directives of the Minister of Industry and Transport Kamel El Wazir.
China successfully sent a test satellite, Shijian-25, into space on Tuesday morning, using a Long March-3B rocket for the launch, according to Xinua news agency.
The project, led by Chinese Elite Solar Company, will feature a production line covering 78,000 square meters, with an investment exceeding $150 million.
Liu Deming, Lutai’s Global Marketing Director, confirmed the company’s goal to create a full supply chain in Egypt, from yarn production to garment manufacturing, with 100% of the output for export. This aligns with Egypt’s strategy to attract export-oriented investments.
Egypt and China issued a joint statement at the conclusion of the fourth round of their strategic dialogue.
Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty said Thursday he is keen on offering full support to Egyptian citizens abroad and to provide consular services to Egyptian communities through Egyptian diplomatic and consular missions overseas.
Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty headed for Beijing on Wednesday on a visit aiming at enhancing relations between the two countries.
China topped the list of the top 5 markets for Egyptian imports from the beginning of this year until last August, according to the Central Agency for Public Mobilization and Statistics, compared to the same period last year 2023.
A study of establishing a $100-million feed factory complex in Egypt was discussed Wednesday in a meeting between Minister of Local Development Manal Awad and a delegation of Chinese company New Hope.
El-Din underlined that the facility's production of flat and photovoltaic glass, which is used in solar panel manufacturing, will support the growth of renewable energy industries.
Discussions with the Egyptian Prime Minister will determine the timeline for subsequent phases.
