Search Results for: egypt

CONSTRUCTION OF EGYPT NEW EL ALAMEIN CITY MAKING PROGRESS

Posted on by Gambeta News

Prime Minister Moustafa Madbouli on Saturday paid an inspection tour of the under-construction projects in New El Alamein City on the North Coast.  He was accompanied by Minister of Housing, Utilities, and Urban Communities Assem El Gazzar and Chairman of the New El Alamein City Development Authority Wael Samir. Briefing the prime minister on the progress made in the ongoing projects, Gazzar said the current investments in the city, which occupies a total area of…

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TSFE TO INJECT EGP 5BN INTO EGYPT INFRASTRUCTURAL SECTOR

Posted on by Gambeta News

The Egypt Infrastructure and Utilities Sub-Fund, affiliated with the Sovereign Fund of Egypt (TSFE), aims to inject EGP 5bn worth of investment into infrastructure projects across Egypt over the next two years. Karim Badr, CEO of the sub-fund said that the fund is in the process of launching tenders for the construction of five desalination plants in partnership with the private sector with a total capacity of 3 million cubic meters per day, with investments…

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EGYPT PRESIDENT INSPECT LAND RECLAMATION PROJECTS

Posted on by Gambeta News

Egypt’s President Abdel Fattah Al-Sisi has followed up on the land reclamation projects carried out by the Egyptian Countryside Development Company. This came during a Tuesday meeting attended by Prime Minister Mostafa Madbouly; Minister of Water Resources and Irrigation, Mohamed Abdel-Aty; Minister of Agriculture and Land Reclamation, Elsayed Elkoseir; and Chairperson of Egyptian Countryside Development Company, Amr Abdel Wahab. The presidential spokesperson stated that the meeting discussed the status of the 1.5 Million Feddan Project…

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EGYPT LAUNCH NATIONAL STRATEGY FOR CLIMATE CHANGE 2050

Posted on by Gambeta News

Egypt will today launch the National Strategy for Climate Change 2050 in an event that will be attended by Prime Minister Mostafa Madbouli and a large number of ministers. The strategy aims for achieving sustainable growth that is based on emission reduction in different sectors and improving capacity-building in the realm of coexistence and mitigation of climate change impact. That is out of a belief that coexistence and mitigation are considered mechanisms that would protect…

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EGYPT GOVT. ALLOCATE EGP 6bn TO UPGRADE NATIONAL GAS GRID

Posted on by Gambeta News

Petroleum Minister Tareq el Molla has unveiled a number of projects meant to upgrade the efficiency of the national gas grid as production from the Eastern Mediterranean fields continues to take an upturn. In a statement on Monday, Molla said the government has put the value of investments in the new ventures at more than six billion pounds. He cited a project to duplicate the Capital-Dahshour pipeline to extend over 67 kilometers. Another pipeline duplication…

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EGYPT GOVT. TO REVAMP GREATER CAIRO METRO LINE

Posted on by Gambeta News

The Egyptian government has taken concrete steps to revamp Greater Cairo’s first metro line as it signed a contract with Alstom to supply 55 air-conditioned trains, and an agreement with the French government to acquire funding worth €776.9 million. The development of the line includes introducing an automatic operation system of the trains and reducing headway to 2.5 minutes. What’s more, the local component will be 13.3 percent, and the project will be self-funded by…

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EGYPT CABINET APPROVED LEGALISING UNLICENSED BUILDINGS

Posted on by Gambeta News

The Cabinet approved Wednesday legalizing 238 unlicensed churches and affiliated buildings turning the total to 2,401. The status and requests of that batch have been examined, since January 6, by the committee in charge of legalizing unlicensed churches, which is headed by Minister of Justice Omar Marwan. The government made submitting reconciliation requests to legalize unlicensed constructions, mainly flat-buildings, mandatory in 2020 or demolition would be the fate of such units. Unlicensed units were given…

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EGYPT TO IMPLEMENT PPP PROJECTS FOR VARIOUS DEVELOPMENT

Posted on by Gambeta News

Egypt is proceeding with the implementation of public private partnership (P.P.P) projects in various development fields, as it is the locomotive of job-rich economic growth and a fundamental pillar for achieving sustainable development, according to Minister of Finance, Mohamed Maait He pointed out that the second phase of the national project to establish and operate 1,000 distinguished language schools under the P.P.P system, witnessed an increasing demand from Egyptian and Arab investors, as many companies…

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EGYPT SET TO AUTOMATE UNIVERSITIES WITH PHASE ONE PROJECT

Posted on by Gambeta News

Egypt’s Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar will launch on Sunday the first phase of a project to automate university hospitals. Abdel Ghaffar said that all universities with hospitals are being developed, pointing out that the ministry is not interested in education only but rather in providing more medical services and providing the best for university-educated students. He also added that the development measures in university hospitals require a lot of…

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PRESIDENT EL-SISI FOLLOWS-UP ON PROGRESS IN THE IMPLEMENTATION OF “EGYPT’S FUTURE” PROJECT

Posted on by Gambeta News

President Abdel-Fattah El-Sisi meets with the Prime Minister and other ministers to review progress in the implementation of the national project “Egypt’s Future” for agricultural production. The President was briefed on progress and developments in the current and future phases of the project from its various aspects, notably the areas cultivated so far, the water supply and electricity in addition to the project’s infrastructure. The President gave directives to continue work toward completing the objectives…

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NEW OLYMPIC SPORT CITIES PROGRESS IN MOTION AT EGYPT

Posted on by Gambeta News

Egypt President Abdel Fattah El-Sisi has met with senior officials to discuss the progress of the implementation of the new Olympic sports cities nationwide. Such senior officials includes Prime Minister Dr. Moustafa Madbouly, Minister of Planning and Economic Development Dr. Hala El Said, Minister of Finance Dr. Mohammed Maait, Minister of Youth and Sports Dr. Ashraf Sobhy, Head of the Armed Forces Engineering Authority Major General Ihab El-Far and Head of the Armed Forces Financial…

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EGYPT SILVERSAND PROJECTS TO BEGIN IN 1Q OF 2022

Posted on by Gambeta News

Ora Developers Egypt is making plans to establish a sports club in the company’s Silversands project in the North Coast. According to it’s CEO Haitham Abdel Azim, the club will boast numerous sports facilities, a medical area, and a group of playgrounds in its new project. During an interview with one of Egypt top media house, Azim explained and outline the roles Silversand project will play in Egypt. He also noted that the project will…

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CHINA, EGYPT DISCUSS AFRICA’S DEVELOPMENT AGENDA

Posted on by Gambeta News

President Abdel Fattah El-Sisi held summit talks with Chinese President Xi Jinping at the Great Hall of the People in Beijing. The Spokesman for the Presidency stated that the Chinese president welcomed President El-Sisi’s visit to Beijing, which would contribute to strengthening the distinguished relations between the two countries, especially joint development cooperation. In this context, he lauded the positive development of the comprehensive strategic partnership between the two countries at all levels, especially at…

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EGYPT HOPING TO REACH GERD DAM AGREEMENT

Posted on by Gambeta News

The Grand Ethiopian Renaissance Dam (GERD) project is still having issues with all three parties involved (Sudan, Egypt and Ethiopia) still yet to come to a conclusion on way to settle their dilemma. However, in a interview with the BBC, Egypt Prime Minister Mostafa Madbouli has reaffirmed that Cairo is keen to reach a legally binding agreement on the filling and operation of the Grand Ethiopian Renaissance Dam (GERD). He noted that the three countries…

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EGYPT’s NEW CAPITAL ROAD: WHY PRESIDENT SISI INSISITS ON HIGH CLASS ENGINEERING DESIGN

Posted on by Gambeta News

The New Administrative Capital design in Egypt is a project that has been under construction since 2015. It is aimed at ensuring that the Nation moved into a technology era which focus on a SMART CITY as well as reflecting the religion’s true principles. So with the construction of the new capital in progress, President Sisi has insist that the construction of the new capital road has a high class engineering design. He made the…

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EGYPT EXPLORES SEA WATER DESALINATION TO OFFSET NEGATIVE EFFECTS OF GERD PROJECT

Posted on by Gambeta News

CAIRO — Egypt is exploring ways to increase its water resources and offset any negative effects of the Grand Ethiopian Renaissance Dam (GERD) in light of the stalled tripartite negotiations between it, Sudan and Ethiopia. Egypt, Ethiopia and Sudan have been in a deadlock over the GERD since April. The crisis was raised more than once before the UN Security Council — most recently in July — which referred it back to the African Union, but to no avail. Ethiopia continues…

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PRESIDENT EL-SISI INAUGURATES THE FIRST AND ONLY FULLY INTEGRATED FOOD PRODUCTION CITY IN EGYPT

Posted on by Gambeta News

President Abdel Fattah El-Sisi inaugurates “Silo Foods”, a city for food industries in Sadat City, Menoufia Governorate.  The city contains 10 different factories designed in accordance with the highest international and technological standards to produce 470 tons of various products annually, about 40 products. There are 10 laboratories for various analyses, research and development, the transportation sector and the health movement of products, administrative buildings, a hotel accommodation, staff services and a medical point. Silo…

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EGYPT TURNS TO TANZANIA’S STIEGLER GORGE DAM AS GERD DISPUTE LINGERS

Posted on by Gambeta News

CAIRO — Egypt is working to build the Stiegler’s Gorge dam on the Rufiji River in Tanzania, at a time when the Grand Ethiopian Renaissance Dam (GERD) crisis between Ethiopia and two downstream countries — Egypt and Sudan — reached a turning point. Secretary-General of the League of the Arab States Ahmed Aboul Gheit said in a TV interview June 20 that the next step for Egypt and Sudan is to file a complaint against Ethiopia before the UN Security Council…

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EGYPTIAN PRESIDENCY DISCUSSES DEVELOPMENT OF ROADS, RAILWAYS AND SEAPORTS

Posted on by Gambeta News

President Abdel Fattah El-Sisi recently met with Prime Minister Dr. Mostafa Madbouly and Minister of Transport Lieutenant General Kamel El-Wazir. The Spokesman for the Egyptian Presidency stated that the meeting discussed the status of the projects carried out by the Ministry of Transport, especially those related to the development of roads, axes, railways, and seaports nationwide. Lt. Gen. Kamel El-Wazir presented the steps taken for implementing the Advanced Transportation System (ATS) on axes and highways….

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ACWA POWER TO CONSTRUCT THE LARGEST PRIVATE SOLAR PLANT IN EGYPT

Posted on by Gambeta News

The European Bank for Reconstruction and Development(link is external) (EBRD), the OPEC Fund for International Development(link is external) (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund(link is external) (GCF) and Arab Bank today signed a US$ 114 million financing package with ACWA Power for the construction of the largest private solar plant in Egypt. The development of the Kom Ombo solar plant will add 200 MW of energy capacity, increasing the share of renewable energy in Egypt’s energy mix…

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