Day: October 16, 2024

Egypt’s Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, met on Tuesday, with Bahraini Minister of Housing and Urban Planning Amna bint Ahmed Al-Rumaihi and her accompanying delegation, to present the Egyptian experience in establishing new cities and the development of unsafe areas.   El-Sherbiny highlighted Egypt’s readiness, represented…

Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, received a delegation from the European Bank for Reconstruction and Development (EBRD) at the Authority’s headquarters in New Administrative Capital. The delegation was headed by Sue Barrett, Director of Sustainable Infrastructure at EBRD, and Managing Director, Southern & Eastern…

Ahmed Kouchouk, Egypt’s Minister of Finance, said that the country actively sought to harness international expertise to enhance the financing and management systems for its urban development projects. By maximizing cooperation with global institutions, Egypt aimed to support sustainable and comprehensive urban expansion initiatives.   In his meeting with Anna…

Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, welcomed Hamish Falconer, Parliamentary Under-Secretary of State (Middle East, North Africa, Afghanistan and Pakistan) at the Foreign, Commonwealth and Development Office of the United Kingdom, on his first visit to Egypt. The meeting, which also included UK Ambassador to Egypt Gareth…

Mohamed Shimi, Minister of the Public Enterprises Sector, paid a surprise visit to the headquarters of El Nasr Housing and Development and Maadi Company for Development and Reconstruction, affiliated with the Holding Company for Construction and Development. Shimi toured the two companies and inspected the progress of various sectors and…

The Central Bank of Egypt (CBE) revealed that its net foreign assets achieved a surplus of $10.4bn in September, equivalent to EGP 505.074bn, compared to $10.2bn, equivalent to EGP 499.269bn, in August, which is the fifth consecutive time that CBE’s net foreign assets have achieved a surplus. CBE’s net foreign…

Egypt and Saudi Arabia have taken a significant step in strengthening their energy ties with the successful completion of the first phase of the Egyptian-Saudi electricity interconnection project, which will be operational by May or June 2025. Prime Minister Mostafa Madbouly highlighted the project’s importance during a weekly press conference,…

Pakistan Prime Minister Muhammad Shehbaz Sharif, as chair of the Shanghai Cooperation Organisation’s Council of Heads of Government (CHG), called on member states to prioritise cooperation and address global challenges during his concluding remarks at the 23rd CHG meeting in Islamabad on 16 October. “We are at a historic moment…

URUMQI, Oct. 14 (Xinhua) —  “Through platforms like the World Media Summit, we have the chance to forge stronger partnerships with global media organizations,” Chairman of the Editorial Board of Independent Media Viasen Soobramoney said here on Monday. “These partnerships are essential, not just for Africa but for the global…