Egypt received the third Type 209/1400 submarine out of the four it has purchased from Germany in an official ceremony held in Kiel on Friday, Ahram Online reports. The first two submarines were received in December 2016 and August 2017, respectively. The agreement is reportedly generating controversy in Israel, according to the Times of Israel.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
EGX30 erases March losses with 14.2% April surge
The rally piled on roughly EGP 433 bn in market…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…