{"id":582667,"date":"2023-03-12T00:00:00","date_gmt":"2023-03-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/egyptair-to-increase-flights-to-china-plus-green-hydrogen-oil-exploration-and-a-new-startup-fund\/"},"modified":"2023-03-12T00:00:00","modified_gmt":"2023-03-12T00:00:00","slug":"egyptair-to-increase-flights-to-china-plus-green-hydrogen-oil-exploration-and-a-new-startup-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/egyptair-to-increase-flights-to-china-plus-green-hydrogen-oil-exploration-and-a-new-startup-fund\/","title":{"rendered":"EgyptAir to increase flights to China. PLUS: Green hydrogen, oil exploration and a new startup fund"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">TOURISM-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">EgyptAir to increase flights to China: <\/span><span style=\"\">EgyptAir will soon start operating 10 flights a <\/span><span>week to Chinese cities including Beijing, Hangzhou, and Guangzhou,<\/span><span>Liu Yuxuan, the company\u2019s China business development and marketing head, told <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3YEZM2H\" style=\"\">Xinhua<\/a><\/span><span>. The flag carrier <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/01\/22\/this-morning-introducing-the-enterprise-fdi-exports-forum-94049\/\" style=\"\">resumed flights to China<\/a><\/span><span> on Thursday following a three-year hiatus due to Beijing\u2019s recently relaxed covid-19 travel curbs.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">ENERGY-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#1- Another Chinese player wants in on our green hydrogen ambitions: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.cieg.com.cn\/En\/\" style=\"\">China<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/www.cieg.com.cn\/En\/\" style=\"\">International Energy<\/a><\/span><span> wants to establish a USD 5-8 bn green hydrogen facility in Egypt, the company\u2019s CEO told President El Sisi in a meeting over the weekend, according to an <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid0sr1Leyey3rHh95zxkL7WBMH3RTTYjUvDzr2UGPqY2KyMx1EtyWgh5URNKsCzn1vol\" style=\"\">Ittihadiya statement<\/a><\/span><span>. This comes only days after China Energy <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/09\/china-energy-could-start-work-on-a-usd-5-1-bn-green-hydrogen-plant-in-may-99197\/\" style=\"\">said it could start working<\/a><\/span><span style=\"font-weight:400;\"> on a USD 5.1 bn green hydrogen facility in May. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">#2- US-focused oil and gas company EOG Resources is considering exploring for <\/span><span style=\"font-weight:700\">hydrocarbons in Egypt<\/span><span>, company representatives told Oil Minister Tarek El Molla on the sidelines of the CERAWeek energy conference in Houston last week, the O<\/span><span>il Ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3mJUvts\" style=\"\">s<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3mJUvts\" style=\"\">aid<\/a><\/span><span style=\"font-weight:400;\"> Thursday. El Molla also met with the heads of several prominent oil companies including Chevron, Apache, Schlumberger, TotalEnergies and Falco Energy Transportation.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">STARTUPS-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Investors plan USD 10 mn startup fund:<\/span><span style=\"\"> A group of investors with entrepreneurship <\/span><span>expertise, including Techne Summit founder Tarek El Kady, plans to launch Alex Fund, a new USD 10 mn startup investment fund soon, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3F6gEZm\" style=\"\">Al Mal<\/a><\/span><span style=\"font-weight:400;\"> reports. The fund will invest in companies in various sectors, with a special focus on tech, and will operate for five years.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DEVELOPMENT FINANCE- <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">UN-Japan grant to support water security:<\/span><span style=\"\"> The UN Food and Agriculture <\/span><span>Organization (FAO) and the Japanese Embassy signed a USD 3.8 mn grant agreement to increase agricultural productivity and enhance water security, the International Cooperation Ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3Lh1ILD\" style=\"\">said<\/a><\/span><span style=\"font-weight:400;\"> Friday. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EgyptAir relaunched flights to China last week.<\/p>\n","protected":false},"author":1,"featured_media":582668,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,6747,101,975,880,93,72,6748,254,91,371,151,95,195,238,7085,6743],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-582667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-china-international-energy","tag-development-finance","tag-egypt-china-relations","tag-egyptair","tag-energy","tag-enterpriseam","tag-eog-resources","tag-green-hydrogen","tag-oil-and-gas","tag-oil-ministry","tag-renewables","tag-startup-watch","tag-tarek-el-molla","tag-tourism","tag-un","tag-water-security","wpautop","entry"],"acf":{"mongo_id":"b781d30f-4e1e-4036-a8c7-7f73d8a16ffe","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/EgyptAir-1600.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[582645],"teaser":"EgyptAir relaunched flights to China last week.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.000124ef-329a-453b-953d-58093de8099a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EgyptAir to increase flights to China. 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The move is part of a plan to launch more lines lines between Egyptian and Asian cities, El Kholy added.","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":610335,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/hilton-and-amazon-developments-to-build-hotel-in-new-capital-tower-plus-news-from-ifc-jan-de-nul-egyptair\/","url_meta":{"origin":582667,"position":1},"title":"Hilton and Amazon Developments to build hotel in new capital tower. 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(Hapi Journal)EgyptAir will operate direct flights from Libya\u2019s Tripoli to Sharm El Sheikh starting Tuesday, 9 August until 11\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591254,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/egyptair-launches-flights-to-hangzhou\/","url_meta":{"origin":582667,"position":4},"title":"EgyptAir launches flights to Hangzhou","author":"enterpriseam admin","date":"1 December 2019","format":false,"excerpt":"EgyptAir launched its new route between Cairo and Hangzhou on Friday, with the maiden flight taking 260 passengers to the Chinese city, according to Al Shorouk. The flag carrier will fly the route twice a week, and comes as part of the strategy to increase tourism from the Far East,\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602539,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/31\/egyptair-to-begin-operating-cairo-kigali-flights-in-april\/","url_meta":{"origin":582667,"position":5},"title":"EgyptAir to begin operating Cairo-Kigali flights in April","author":"enterpriseam admin","date":"31 March 2019","format":false,"excerpt":"EgyptAir will begin operating flights between Cairo and Kigali, Rwanda\u2019s capital city, as of 27 April, Al Shorouk reports. No details were provided on the frequency of flights on the new route. Sources in the company also reported that EgyptAir received its first Boeing 787 dreamliner as part of a\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/582667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=582667"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/582667\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/582645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/582668"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=582667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=582667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=582667"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=582667"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=582667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}