UAE
Under this agreement, ADEX, an affiliate of the Abu Dhabi Fund for Development, will provide a $100 million annual revolving financing program over five years, amounting to a total of $500 million. This funding will support Egypt’s efforts to secure its wheat supply
Prime Minister Moustafa Madbouli inaugurated on Saturday Abydos 1 Solar PV Park project in Kom Ombo in Aswan governorate.
The opposition armed forces, led by the Hayʼat Tahrir al-Sham (HTS), launched sudden attacks against the Syrian regime forces and their allies in the cities of Idlib and Aleppo on November 27, 2024, and managed to completely control them, except in some small villages run by the Kurds. In response, Syrian President Bashar Al-Assad’s forces, with the help of the Russian airplanes, bombed places in the two cities.
Egyptian Deputy Prime Minister and Health Minister Khaled Abdel Ghaffar asserted the historic and strong ties between Egypt and the UAE.
Fouad stressed the importance of ensuring that this goal serves the interests of developing Arab and African nations by helping them strengthen climate mitigation efforts, build resilient societies, and address losses and damages caused by climate change.
These agreements aim to establish a 5 GW floating solar power project on Lake Nasser and a 2.8 GW solar power project in Nagaa Hammadi, marking a significant step toward advancing clean energy infrastructure in both nations.
Egypt’s Prime Minister Mostafa Madbouly, met on Wednesday with UAE Minister of Industry and Technology Sultan Al Jaber, to discuss ways to enhance joint cooperation between Egypt and the UAE in various sectors.
The Foreign Minister also exchanged views with his Bahraini counterpart on the latest developments in the Gaza Strip and Lebanon.
Egypt is a leading country and one of the largest and most influential economies in North Africa and the Arab League, Russian Foreign Minister Sergey Lavrov told BRICS TV network.
According to the release, the Ras El Hekma megaproject is expected to contribute approximately $25 billion annually to Egypt's GDP and create around 750,000 jobs, with projected cumulative investments reaching $110 billion by 2045
According to a report aired on Monday, the cumulative investment in this major project is expected to reach $110 billion by 2045.
The Prime Minister emphasized the meeting's goal of addressing challenges and ensuring effective coordination among stakeholders. He reiterated efforts to promptly transfer land to the Emirati partner to initiate infrastructure work, which aims to enhance investment, particularly in the tourism sector.
The meeting was attended by UAE's State Minister for African Affairs Sheikh and Special Envoy to the EU.
Ambassador Abu Zeid mentioned that the meeting included discussions on regional developments and strategies to de-escalate tensions, including issues related to Gaza, Sudan, the Red Sea security, Libya, and Somalia. Both sides agreed to continue consultations on these matters.
That was during his visit to Abu Dhabi.
In a statement released by the Ministry, the Spokesman of the Foreign Ministry Ahmed Abu Zeid added that Minister Abdelatty will also discuss with senior UAE officials the regional and international challenges that endanger the stability of the Middle East.
These combined efforts are geared towards meeting the growing demand for electricity and facilitating the operation of additional capacities by the upcoming summer.
The focus is on optimizing resources within the petroleum sector to boost the trading of these vital commodities.
Minister of Foreign Affairs, Immigration and Egyptian Expats Badr Abdelatty made a phone call Wednesday to his Emirati counterpart Sheikh Abdullah Bin Zayed.
The two leaders met in a fraternal atmosphere, underscoring the robust and profound historical relations between the two countries and their peoples, said the Egyptian Presidency in a statement on Thursday.
