Search Results for: egypt

EGYPTIAN COATING SHOW 2019

Posted on by Gambeta News

THE TRADING PLATFORM FOR COATING INDUSTRY CAIRO INTL. CONVENTION & EXHIBITION CTR, EGYPT 9 – 10 OCTOBER 2019 The only trading platform for the coatings industry that connects this biggest Middle East Country with the world. Basically the event is a platform for suppliers to present their products and services. Also be face-to-face with the most influential decision makers operating within the market in a relaxed, intimate environment. To register visit website For more information…

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US$10BN NEOM MEGACITY CONSTRUCTION TO KICK-OFF IN EGYPT

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Construction of Neom Megacity set to kick-off after all three nations agree to the proposal. The construction of the neom megacity will soon kick-off in egypt. The construction is a joint partnership between Egypt, Saudi Arabia and Jordan to help improve their relationship. The project will also increase their various incoming revenue when the project is complete. Saudi Arabia Crown Prince Prince Mohammed bin Salman met with Egypt President Abdel Fattah al-Sisi to discuss the project. The project…

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Egypt president Sisi makes peace with Sudan

Posted on by Gambeta News

Egypt President Sisi said there is no conspiracy against Sudan and has no plan to fight in reference to the rising tension.  Relations have deteriorated in recent weeks, including over a Sudan-Turkey naval agreement that angered Cairo and an ongoing dispute over a dam Ethiopia is building on the Nile river that runs through all three countries. Sudan has recalled its ambassador to Egypt without saying when he might be back and also refered the matter…

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ETHIOPIA TO CONTINUE WITH CONSTRUCTION OF RENAISSANCE DAM EVEN AFTER EGYPT WARNS

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Mr Beleke says Ethiopia does not need anyone’s permission to benefit from its natural resources. Ethiopian minister of water, electricity and irrigation, Seleshi Bekele, after a meeting (between countries that share the Nile) which ended without an agreement, said despite warnings from Egypt it would continue with the construction of its huge hydro dam on the Nile. Egypt’s president Abdel-Fattah el-Sissi, had recently issued a stern warning to Ethiopia concerning its Renaissance Dam on the Nile, as construction…

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Militants kill Egyptian U.N. Peacekeeper In Central African Republic

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Suspected Christian militias killed an Egyptian U.N. Peacekeeper and wounded three others. In a statement made by the United Nations, the attack which was carried out by anti-balaka militants on the 26th of November 2017, occurred in Gambo which is about 100 km (60 miles) from the town of Bangassou, where more than 100 civilians and three Moroccan peacekeepers were killed in separate incidents in May and July. Conflict has killed thousands in Central African Republic since…

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GERMANY’S DEVELOPMENT BANK ASSIST EGYPT ON CAPITAL PROJECTS

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Germany’s Development Bank to fund capital projects in Egypt. Director of Germany’s KfW Development Bank Office in Cairo, Burkhard Hinz, have announced that the bank has agreed to support Egypt on its ongoing project with €1.8 billion. He also added that the total fund provided by the bank to Cairo have totaled to €5.5 billion since it began its operations in Egypt in the 1960s. The Development bank have been responsible for the establishment of some 900…

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IFC ANNOUNCED PLANS FOR US$653M SOLAR PROJECT IN EGYPT

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International Finance Corporation partners with nine international banks to build Benban solar park which will be the largest solar park in the world. International Finance Corporation (IFC) which is a member of the World bank has announced plans to construct 13 solar power plant in Aswan, Egypt. The project which is expected to have 13 solar plant will be the largest solar park in the world after its completion. The fund was raised by IFC in collaboration…

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ACCIONA ENERGIA TO BUILT NEW POWER PLANT IN EGYPT

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Acciona energia partner with swicorp to build three identical 50 MW plant in Egypt. Acciona energia which is a Spanish based company that develops renewable energy projects is to build a three identical photovoltaic plants in Egypt. The company is expected to partner with Saudi Arabia’s Swicorp in a US $180m project that is expected to have a total rated capacity of 150 megawatt. The project was signed in the present of Egyptian Prime Minister, Sherif Ismail, and the Ministers…

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Egypt’s President visits to Paris ends today

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Egypt’s Sisi on a three-day visit to Paris On Monday (October 23) Egyptian President Abdel Fattah al-Sisi was welcomed to Paris by French Defense Minister Florence Parly for a three-day visit to France. After the meeting with the French Defence Minister, Al Sissi on Tuesday met with French President Emmanuel Macron at the Elysee palace,  who was cognizant of the criticism of France’s policy on Egypt, and raised his concerns over human rights. The two countries, held…

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AFRICA’S TALLEST SKYSCRAPER TO BE CONSTRUCTED IN EGYPT

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Egypt’s proposed skyscraper is set to replace Carlton centre as Africa’s tallest skyscraper Egypt is set to construct Africa tallest skyscraper as part of its new administrative capital project. The 345m-high skyscraper project which is to be constructed by China State Construction Engineering Corporation (CSCEC) is expected to cost US$ 3bn and will replace South Africa’s 223-meter-tall Carlton Centre once it is completed. The project which will cover an area of 50km, will comprise of 12 business complexes, five residential buildings and…

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EGYPT’S AGRICULTURAL EXPORTS GETS A BOOST

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Three (3) countries lifts ban on importation of agricultural products from Egypt. Over the past year, a number of Gulf countries have banned Egyptian agricultural imports over concerns of pesticide residue. But in a statement made yesterday by the Egyptian Agriculture Ministry, Three of such Golf countries Bahrain, Kuwait and the United Arab Emirates, have decided to lift the ban. The Three countries have decided to reopen markets to agricultural produce from the Northern Africa country, after series…

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UBER PUBLIC BUS SERVICE SOON TO COMMENCE IN EGYPT

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Uber, the smartphone enabled ride-hailing service alternative to traditional taxi-cabs is set to launch a public bus service in Egypt. Egypt been the most populous Arab country with a population of over 90 million is faced with heavy traffic, which Uber is striving to ameliorate since its arrival in 2014. Currently the Uber service is available in only three(3) Egyptian cities, Cairo, Alexandria and Mansoura. The new Uber bus service which aims at expanding into other…

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CHINESE FIRM TO EMBARKED ON SEWERAGE SYSTEM PROJECT IN RWANDA

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The Kigali Centralised Sewerage System project, undertaken by China Railway Construction Engineering Group (CRCEG), is a significant initiative set to enhance sanitation services in Kigali City. Dominique Murekezi, the Ag. Managing Director at WASAC Development Ltd, highlighted that the project aims to establish a comprehensive sewerage network covering 89 kilometers across Kigali and includes the construction of a wastewater treatment plant with a capacity of 12,000 cubic meters. Commencing in August 2023 with preliminary studies…

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HOW EYGPT INVESTMENT IN DIGITAL INFRASTRUCTURE WILL HELP SECURE DATA HUB

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President Abdel Fattah Al-Sisi’s recent emphasis on Egypt’s role as a global data transfer hub underscores the country’s significant investments in infrastructure and digital transformation. Egypt has invested billions of US dollars in creating a robust infrastructure to support its position as a global data transfer hub. Approximately 90% of the world’s submarine cables pass through Egypt, highlighting its strategic location for data transmission. So far, Egypt has successfully localized its data within its territory,…

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HOW LAGOS THIRD MAINLAND BRIDGE STILL NEEDS MORE WORK DESPITE SPENDING N7BILLION

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The Lagos Third Mainland Bridge, one of the most important infrastructure facilities in Nigeria’s commercial capital, has gulped billions of naira in an attempt to maintain its structural integrity and make it safe for the millions of road users in the state. The bridge, which spans 11.8 km, is the third of the three bridges that connect the Mainland to the Island, with the first and second being Carter Bridge and Eko Bridge respectively. Despite…

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IVORY COAST GOVT SECURE CLIMATE CHANGE FUNDS FROM IMF

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The Ivorian government and the International Monetary Fund (IMF) staff have agreed on a climate change reform program backed by a $1.3bn loan from the Resilience and Sustainability Facility (RSF). In a statement, the IMF highlighted Cote d’Ivoire’s vulnerability to climate change, with rising temperatures, erratic rainfall, floods, rising sea levels, and coastal erosion posing significant risks to the country’s economic growth and its pursuit of sustainability and inclusivity. The agreement outlines steps to bolster…

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NIGERIA GOVT. ANNOUNCED PLANS TO SHUT DOWN SECTION OF THIRD MAINLAND BRIDGE JAN 9

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The Federal Government has announced a planned closure of the Iyana Oworonshoki-Adeniji Adele section of the Third Mainland Bridge from 11.00 a.m. on Tuesday, Jan. 9, 2024. The Federal Controller of Works, Lagos State, Mrs Olukorede Kesha, announced on Thursday in a statement. Kesha said the closure would be done on the Lagos Island-bound carriageway of the bridge. She appealed to motorists to obey traffic rules and use alternative routes to prevent hardship as comprehensive…

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HOW AFRICAN CAN REVOLUTIONIZING THE BUILDING INDUSTRY

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In the spirit of global cooperation and environmental commitment, COP 28 launched a groundbreaking initiative aimed at transforming the building and construction sectors. Titled ‘Buildings and Construction for Sustainable Cities: New Key Partnerships for Decarbonization, Adaptation, and Resilience,’ the initiative marks a turning point in addressing the environmental challenges posed by the construction industry. Three major frameworks were announced at the launch: Buildings Breakthrough, Cement Breakthrough, and the Forest and Climate Leader’s Partnership’s Greening Construction…

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BIG 5 CONSTRUCT KENYA 2023 OPENS IN NAIROBI PROVIDING 8,000 VISITORS AN OPPORTUNITY TO MEET WITH 150 LOCAL AND INTERNATIONAL EXHIBITORS

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The sixth edition of the largest construction event in Kenya returns to the Sarit Expo Centre and runs until 10 November 2023  Renowned brands such as Franna, Masa, Bauer, Dar Al-Handasah, Mapei, ELEMATIC, TOPWERK, Raimondi Cranes, among others headline the event Italy to have the biggest pavilion at the event further boosting the expansion of the Italian footprint in Kenya’s construction landscape   Nairobi, Kenya | 08 November 2023: Kenya’s construction sector plays a pivotal…

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PRESS RELEASE: BIG 5 CONSTRUCT KENYA ETURNS TO NAIROBI IN NOVEMBER 2023

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Big 5 Construct Kenya returns to Nairobi in November connecting 150 exhibitors with over 8,000 construction professionals to capitalize on Kenya’s $6.65 billion growth outlook.  Exhibitors from 25 countries including 7 country pavilions, namely China, Italy, Türkiye, Greece, Germany, Egypt and the UAE, to showcase top products and services covering the full construction cycle The event is supported by Town and County Planners Association of Kenya, Chartered Institute of Building, Project Management Institute Kenya, Kenya…

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