Tuesday , 25 September 2018

Tag Archives: Egypt

Egypt’s AIT sets up USD2bn JV with Iranian firm

Cairo-based Arabic International Trading (AIT) has set up a USD 2 billion joint venture company with the Iranian Garment Company in Egypt with a total investment of EGP 5 billion (USD 830 million), a senior executive told Zawya. AIT owns 51% of the venture and the Iranian partner holds the rest, AIT chairman Mohamed Essayed Elokaly said. The venture will …

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New food security and nutrition project for Egypt / Italy finances $3 million project

A new $3 million project that aims to improve food security and nutrition of women and young people in Egypt was announced today by FAO. The project is being financed by the government of Italy. Unemployment rates for young people and women in Egypt are estimated at around 25percent, much higher than the national average of 10 percent. At the …

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New permanent representative of Egypt presents credentials

The new Permanent Representative of Egypt to the United Nations, Mootaz Ahmadein Khalil, presented his credentials today to UN Secretary-General Ban Ki-moon. Until his appointment, Mr. Khalil served, in Cairo, as Egypt’s Acting Assistant Foreign Minister for Multilateral Economic Affairs and International Cooperation in the Ministry of Foreign Affairs, from January to June 2011. He was Deputy Assistant Foreign Minister …

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Statement by the Spokesperson of the HR Ashton on the Presidential elections in Egypt

The spokesperson of Catherine Ashton, High Representative of the European Union for Foreign Affairs and Security Policy and Vice President of the Commission, issued the following statement today: “This week’s Presidential elections mark a major step forward in Egypt’s democratic transition. For the first time in history the Egyptian people have had the opportunity to choose their President in a …

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Egypt: Statement Attributable to the Spokesperson for the Secretary-General

The Secretary-General has been following with interest Egypt’s presidential election process. These historic elections, in which Egyptians will freely choose their President from amongst numerous candidates, are an important milestone in Egypt’s democratic transition. The Secretary-General commends the Egyptian authorities for their organization of polling and the people of Egypt for their participation, and he welcomes initial reports of a …

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Africa may struggle to extract groundwater, experts say

This article was originally published on the SciDev.Net Website 15 May 2012. New technologies required to extract ground water as many of the aquifiers found are deep underground. This will require political will, as these technologies will require significant funding.    Vast groundwater resources have been revealed in Africa by the first continent-wide quantitative maps. But the resources may not be easily …

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Egyptian wins US$100,000 African Innovation Prize

This article was originally published on the SciDev.Net Website 14 May 2012. An invention that allows people to access mobile phone networks has won the prestigious African Innovation prize.  The antenna, which allows mobile phone companies to upgrade their networks more easily, is hoped to be rolled out throughout Africa.   An Egyptian engineer has designed a base-station antenna that can …

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Egypt’s Zewail science city hit by universities’ dispute

Egypt’s first science city — the Zewail City of Science and Technology — is set to open in September, but a dispute is raging over ownership of some of the facility’s buildings. The city was first proposed in 1999 by Nobel prize-winning chemist Ahmed Zewail , but work on the project became mired in delays due to political instability and bureaucracy, according Nature …

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Solar Energy solution wins inaugural Innovation Tournament 2021 in Abu Dhabi

ABU DHABI May 8, 2012: A Solar Water Pumping device from Cairo, Egypt is the inaugural winner of the HCT-Wharton Innovation Tournament 2021, which concluded yesterday in Abu Dhabi. The devise is an Off-Grid High-Capacity Solar Water Pumping Solution, applicable for use in the agriculture sector and large water pumping stations, and provides agri-businesses with a cost-competitive alternative to “unreliable & …

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Comptel Sets up New Operations in Egypt

Comptel Corporation (NASDAQ OMX Helsinki: CTL1V) today announced its expansion in the Middle East and Africa (MEA) with the opening of a new office in Egypt. The business operations news, which was first shared at Cairo ICT 2012, reflects the company’s continued commitment to get closer to its communications service provider (CSP) customers and partners in the region as well …

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