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Posted inUp Next
What we’re tracking this week and beyond
Amendments to Real Estate Registry Act coming: The Madbouly Cabinet is planning to introduce a bill to the House of Representatives amending the Real Estate Registry Act this week after the Egyptian Council of State completes its review, Parliamentary Affairs Minister Omar Marwan said. He did not reveal details of the amendments. The UN Biodiversity […]
Posted inEGYPT IN THE NEWS
Egypt in the News: Mental health, cancer patients, beekeepers and Abu Trika
It’s another relatively quiet day for Egypt in the international press, with no one story driving the conversation. Mental illness in Egypt is associated with significant stigma and those in need of help have trouble getting it, Walt Curnow writes for the National. Society at large is insensitive to the issue, which has continued to […]
Posted inDiplomacy + Foreign Trade
Rival Libyan leaders agree on UN plan for 2019 elections at Palermo conference
Rival Libyan leaders agree on UN plan for 2019 elections at Palermo conference: Libya’s rival leaders, Egypt-backed military commander Gen. Khalifa Haftar and Tripoli-based Prime Minister Fayez Al Sarraj, agreed yesterday on a UN-proposed political transition plan, according to Bloomberg. The two leaders, whose meeting at a two-day conference in Palermo to discuss the plan […]
Posted inDiplomacy + Foreign Trade
Egypt brokers agreement ending Israel, Palestine cross-border attacks
Egypt, the UN, and Switzerland brokered a ceasefire agreement between Israel and Palestinian factions,ending a two-day exchange of rockets and aerial strikes, an Israeli official said, according to Haaretz. Israel hit more than 100 targets linked to Hamas and other militant groups on Sunday, prompting a response from the Palestinian groups.
Posted inDiplomacy + Foreign Trade
Shoukry in Ethiopia for 11th African Union (AU) extraordinary summit
Foreign Minister Sameh Shoukry arrived in Addis Ababa yesterday to participate in the 11th African Union (AU) extraordinary summit, which will touch upon proposed institutional and financial reforms for the union, according to a Foreign Ministry statement.
Posted inEnergy
Infinity Solar to build EUR 350 mn, 300 MW wind power plants in Gulf of Suez
Infinity Solar is planning to build EUR 350 mn-worth of wind power plants with a combined capacity of 300 MW in the Gulf of Suez, a source from the New and Renewable Energy Authority (NREA) tells Al Mal. The company has submitted a request to the NREA to allocate three plots of land to for […]
Posted inEnergy
El Molla meets IOC heads, energy ministers to discuss increasing investments
Oil Minister Tarek El Molla met yesterday with Saudi Arabia’s Energy Minister Khalid Al-Falih to discuss cooperation prospects between Saudi and Egypt in the mining industry, particularly as Egypt is pushing through with amendments to the Mineral Resources Act, according to a ministry statement (pdf). El Molla also met with UAE Minister of State and […]
Posted inEnergy
Toyota Tsusho looks to increase investments in Egypt
Toyota Tsusho Corporation is looking to increase its investments in Egypt over the coming period, representatives from the Japanese manufacturer told Prime Minister Moustafa Madbouly during a meeting yesterday, according to a Cabinet statement. No details were provided on the expected size of these investments.
Posted inBasic Materials + Commodities
GASC to decide on 20 November the winning company for Egypt’s first int’l rice tender
The General Authority for Supply Commodities (GASC) will announce on Tuesday, 20 November the results of its tender for 25k tonnes of short or medium grain milled white rice, a source from the Supply Ministry said. Eleven companies submitted offers to supply a combined 546k tonnes of rice from China, India, and Vietnam. The bidding […]