{"id":638199,"date":"2024-08-11T00:00:00","date_gmt":"2024-08-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/"},"modified":"2024-08-11T00:00:00","modified_gmt":"2024-08-11T00:00:00","slug":"egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/","title":{"rendered":"Egypt and UAE ink three project agreements worth bns of investments"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>A lot of Emirati investments incoming:<\/strong> A series of meetings between government officials and Emirati government and business figures yielded three new joint projects that are set to inject a whole lot of cash into our industrial sector. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1-<\/strong> <strong>A USD 3 bn oil logistics zone on the Mediterranean:<\/strong> Egypt and the UAE inked an MoU to build a USD 3 bn oil logistics zone at Al Hamra Port on the Mediterranean coast, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02gJcva2gyqnj4hkHZ2ZUM6zS7yZSgqrLw4MEUiRV2eBZtfT2x7y9cDPGYGa6ReYK7l\" style=\"\" rel=\"noopener\">cabinet statement<\/a>. The new zone will leverage the integrated system at the <a target=\"_blank\" href=\"https:\/\/foiz.gov.ae\/\" style=\"\" rel=\"noopener\">Fujairah Oil Industry Zone<\/a> and its partnerships with international oil suppliers to streamline oil supply chain in Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Timeline:<\/strong> The construction of the zone is expected to take three years from the date construction kicks off in 1H 2025 and following the completion of technical studies, an Egyptian government official told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/power\/50762\/%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%AA%D9%81%D9%82%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D9%84%D9%88%D8%AC%D8%B3%D8%AA%D9%8A%D8%A9-%D8%A8%D8%AA%D8%B1%D9%88%D9%84%D9%8A%D8%A9\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. Additionally, an Egypt-UAE team has been put together to follow up on progress of the MoU and to resolve any hindrances, according to the cabinet statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We saw this coming:<\/strong> The government of UAE\u2019s Fujairah discussed potential investments in our oil sector during a visit by Oil Minister Karim Badawi to the emirate at the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/179241f9-d98f-4163-8f84-1ed70cc00d93\/\" style=\"\" rel=\"noopener\">end of July<\/a>. The talks revolved around a partnership between Egypt and UAE to enhance petroleum storage and handling in Egypt, as well as cooperate on ship bunkering.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- An Emirati industrial zone in East Port Said? <\/strong>The two sides are also in talks over setting up an Emirati industrial zone in East Port Said, aimed at meeting local market needs and ramping up exports, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0gQX1GxhsZq3kk5L6d7acBYKwDTMwUVV5jA99FbMW58rNxUi1Ey9UpqQk8bYwPMmRl\" style=\"\" rel=\"noopener\">statement<\/a> from the Industry and Transport Ministry. The zone would leverage the geographic advantages of the area and its access to railways linking the zone with ports on the Mediterranean.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A variety of projects are on offer:<\/strong> The zone would include solar and wind energy projects alongside wastewater treatment and seawater desalination plants and an aluminum manufacturing complex, the statement said. The statement also suggested the government was exploring the option of making the zone a freezone or special economic zone exempt from customs duties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Hisense inks agreement for USD 38 mn manufacturing facility:<\/strong> Chinese electronics and household appliance manufacturer Hisense and the UAE\u2019s <a target=\"_blank\" href=\"https:\/\/fbb.ae\/\" style=\"\" rel=\"noopener\">FBB Tech<\/a> have inked a contract with Chinese industrial developer Egypt TEDA to establish a USD 38 mn electronic devices manufacturing facility in the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9760dea3-6012-468a-a90a-8c19bab38e71\/%253cmark%253eegypt%253c%2Fmark%253e-inks-14-agreements-with-chinese-firms-during-china-%253cmark%253eegypt%253c%2Fmark%253e-zhejiang-economic-forum\" style=\"\" rel=\"noopener\">China-Egypt TEDA trade zone<\/a> in Ain Sokhna, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0A9QJDtMqjr2nWVdvEtaMfCPRcooqouocJHxaUevtNrdgvpSrVRHyorXBKDuBR5nkl\" style=\"\" rel=\"noopener\">cabinet readout<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The project will span 110k square meters and is poised to produce 2.5 mn units a year. The first phase of the project includes manufacturing TVs, monitors, and audio recorders, with 30% of production earmarked for the local market and 70% designated for exports to countries in the Middle East, East Africa, and Europe.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CHINA ALSO WANTS IN ON THE INVESTMENT SPREE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another Chinese project incoming? <\/strong>Chinese textile and garment manufacturer <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/jiangsu-lianfa-textile-co.-ltd\/\" style=\"\" rel=\"noopener\">Jiangsu Lianfa Textile<\/a> is looking to set up a USD 500 mn integrated complex for textile and ready-made garment production in Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.cabinet.gov.eg\/News\/Details\/76614\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The specs:<\/strong> Spanning 350k square meters, the planned facility is set to include several production lines. The Chinese company intends to export 90% of the facility\u2019s production. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GAFI wants more:<\/strong> The investment authority has plans to organize forums and promotional tours to capture the attention of more emerging markets-focused Chinese investors, <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0BwG8hrkcTVsQtbjeveF7ZJrJ1tRTLutmRm7YURTGy8Ec7cDMeC5AKFLaaUGYQJsBl\" style=\"\" rel=\"noopener\">according to the General Authority for Investment and Freezones head Hossam Heiba<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The agreements include a USD 3 bn oil logistics zone<\/p>\n","protected":false},"author":1,"featured_media":638200,"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":[7272],"tags":[116,72,461,125,145,131,7406,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-china","tag-enterpriseam","tag-gafi","tag-investment-watch","tag-logistics","tag-manufacturing","tag-teda-industrial-zone","tag-uae","wpautop","entry"],"acf":{"mongo_id":"3090c98a-fef2-4ae3-a3ed-b39e501fc64e","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/824.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt and UAE ink three project agreements worth bns of investments","related_issue":[638191],"teaser":"The agreements include a USD 3 bn oil logistics zone","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.c6a16b24-6ecb-4806-aee5-f005644667d2.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>Egypt and UAE ink three project agreements worth bns of investments - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt and UAE ink three project agreements worth bns of investments\" \/>\n<meta property=\"og:description\" content=\"The agreements include a USD 3 bn oil logistics zone\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt and UAE ink three project agreements worth bns of investments\",\"datePublished\":\"2024-08-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/\"},\"wordCount\":594,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1\",\"keywords\":[\"China\",\"EnterpriseAM\",\"GAFI\",\"investment watch\",\"logistics\",\"Manufacturing\",\"TEDA industrial zone\",\"UAE\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/\",\"name\":\"Egypt and UAE ink three project agreements worth bns of investments - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-08-11T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt and UAE ink three project agreements worth bns of investments\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt and UAE ink three project agreements worth bns of investments - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/","og_locale":"en_US","og_type":"article","og_title":"Egypt and UAE ink three project agreements worth bns of investments","og_description":"The agreements include a USD 3 bn oil logistics zone","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-08-11T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt and UAE ink three project agreements worth bns of investments","datePublished":"2024-08-11T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/"},"wordCount":594,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1","keywords":["China","EnterpriseAM","GAFI","investment watch","logistics","Manufacturing","TEDA industrial zone","UAE"],"articleSection":["Investment Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/","name":"Egypt and UAE ink three project agreements worth bns of investments - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1","datePublished":"2024-08-11T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt and UAE ink three project agreements worth bns of investments"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/824.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":581344,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/08\/a-usd-10-bn-emirati-tech-fund-could-be-looking-at-egyptian-firms\/","url_meta":{"origin":638199,"position":0},"title":"A USD 10 bn Emirati tech fund could be looking at Egyptian firms","author":"enterpriseam admin","date":"8 February 2023","format":false,"excerpt":"INVESTMENT- Local firms could get a piece of a new USD 10 bn Abu Dhabi tech fund: Emirati AI firm G42 is setting up a USD 10 bn tech fund \u2014 dubbed 42X Fund \u2014 to invest in tech firms in Egypt, Saudi Arabia, Singapore, Indonesia, China, and Israel, people\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\/2021\/5\/digital-payments-1600px-1.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593189,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/20\/egypts-usd-520-mn-ain-sokhna-port-expansion-to-be-complete-by-2q2020\/","url_meta":{"origin":638199,"position":1},"title":"Egypt\u2019s USD 520 mn Ain Sokhna port expansion to be complete by 2Q2020","author":"enterpriseam admin","date":"20 November 2019","format":false,"excerpt":"DP World\u2019s USD 520 mn Ain Sokhna port expansion to be complete by 2Q2020: A USD 520 mn expansion of the Ain Sokhna seaport is due for completion by the second quarter of 2020, UAE-based DP World CEO and managing director for the Middle East and Africa, Suhail Al Banna\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/642.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548744,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/21\/sczone-dp-world-sokhna-partner-up-for-new-logistics-service-zone\/","url_meta":{"origin":638199,"position":2},"title":"SCZone, DP World Sokhna partner up for new logistics service zone","author":"enterpriseam admin","date":"21 August 2022","format":false,"excerpt":"A new logistics zone in Sokhna: The Suez Canal Economic Zone\u2019s (SCZone) Main Development Company (MDC) and DP World Sokhna have signed an agreement to build a USD 80 mn logistics zone at Sokhna Port, a statementby the SCZone read.The details: Construction on the first phase of the zone will\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/331.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577308,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/17\/east-port-said-port-is-getting-even-bigger-thanks-to-sky-investments-reliance-logistics\/","url_meta":{"origin":638199,"position":3},"title":"East Port Said port is getting even bigger thanks to Sky Investments + Reliance Logistics","author":"enterpriseam admin","date":"17 November 2022","format":false,"excerpt":"A consortium of our friends at Sky Investments alongside Reliance Logistics will establish a USD 65 mn multi-purpose terminal at East Port Said port under a contract signed with the Suez Canal Economic Zone yesterday. The companies will be responsible for the \u201cdesign, construction, management, operation and maintenance\u201d of the\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/276.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591895,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/uae-encouraging-companies-to-invest-in-egypt-mubadala-cdo\/","url_meta":{"origin":638199,"position":4},"title":"UAE encouraging companies to invest in Egypt -Mubadala CDO","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"UAE encouraging companies to invest in Egypt -Mubadala CDO: The Emirati government is encouraging companies to increase their investments in the Egyptian oil and gas, renewable energy, and construction sectors, Mubadala Chief Development Officer Sheikh Mansour Al Hamed told Investment Minister Sahar Nasr during talks yesterday, according to a ministry\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596676,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/emirati-bank-investments-in-egypt-stand-at-aed-43-4-bn-at-end-of-1q2019-2\/","url_meta":{"origin":638199,"position":5},"title":"Emirati bank investments in Egypt stand at AED 43.4 bn at end of 1Q2019","author":"enterpriseam admin","date":"4 July 2019","format":false,"excerpt":"INVESTMENT WATCH- UAE banks invested USD 11.8 bn in Egypt in 1Q2019: Investments by Emirati banks in Egypt reached AED 43.4 bn (USD 11.8 bn) at the end of 1Q2019,according to UAE Central Bank data, Emirates News Agency (WAM) reports. Investments in Egypt by UAE banks grew AED 11.7 bn\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/638199","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=638199"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638199\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/638200"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638199"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638199"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}