In a speech before the joint economic and commercial forum between Egypt and Iraq, Nivine Gamea, Egyptian Minister of Trade and Industry, expressed her happiness in the presence of a large number of representatives of the private sector, major companies and federations of commerce chambers in the two countries in this important forum, as the two governments in Egypt and Iraq seek to strengthen and boost the bilateral trade and economic relations between the two countries in the stage of reconstruction. She emphasized that this defining stage requires bilateral cooperation between Arab countries and the activation of this cooperation through initiatives and support for the private sector. The minister indicated that the volume of Egyptian exports to Iraq increased during 2019, pointing out that the next phase will witness more cooperation between the two countries and an increase in the rates of trade exchange between the two countries, noting at the same time that there are many service projects that the Egyptian government can contribute to, and the vital role of the private sector in this regard. On the other hand, Dr. Alaa Ahmed, the Iraqi Minister of Trade, stressed the importance of this forum, which represents the two governments and the private sector in the two countries, in a unified forum that organizes trade relations, which will lead up to promoting trade and stimulating investments between the two countries. The Iraqi Minister of...
2020-12-17 15:50:11
Egypt’s Minister of Planning and Economic Development, Hala El-Saeed, and Minister of Transport, Kamel El-Wazir, witnessed the signing of a new contract for establishing the National Egyptian Railway Industries Co. (NERIC) in East Port Said. Investments of this company are expected to reach $10 billion over the coming 10 years according to a statement on Tuesday. The agreement was signed by the General Authority for Suez Canal Economic Zone (SCZone) and the Soverign Fund of Egypt with several private-sector companies, including Samcrete Investments Holding, Hassan Allam Holding, Orascom Construction, and Connect Information Technology, on the sidelines of the third edition of the Smart Transportation and Logistics Fair and Forum for the Middle East and Africa (Trans MEA 2020). The project aims at localizing the production of locomotives in Egypt to meet the country’s demand and increase its exports. The investment cost of the first phase of the project is estimated at EGP 2.8 billion, while the second phase, which will be implemented over the next 10 years, is expected to have an investment cost of about EGP 3 billion. The rehabilitation factory is expected to start operation in the fourth quarter (Q4) of 2021, while the metro cars factory is projected to begin its operations by Q4-22. The project aims to deepen and settle the railway industry in Egypt, especially the mobile units with electric traction, in order to secure the requirement...
2020-11-26 14:22:18
Dr. Nevin Al-Kabbaj, Minister of Social Solidarity, and Dr. Maged Negm, President of Helwan University, signed today, Tuesday, a joint cooperation protocol between the Ministry and Helwan University, in order to implement the plan for developing informal settlements, the environment and society at the university's headquarters. This protocol comes within the framework of the state's commitment to implement what was included in the constitution issued in 2014 regarding the development of a comprehensive national plan to confront the problem of informal settlements, re-planning, providing infrastructure and facilities, improving the lives of citizens and public health, taking care of the citizens with low-income, as well as developing dangerous and insecure informal areas, and paying attention to social dimensions for all citizens to lead a decent life. This protocol is considered as a documentation of a community partnership between the two parties that defines the tasks and responsibilities, each within the limits of its competence. This goes in confirmation of what is required by the conditions of the Egyptian society that places strong emphasis on building people, especially in informal areas to achieve sustainability and cope with Egypt Vision 2030. The Ministry of Solidarity is committed to activating the urgent interventions in the slums located within the scope of Helwan University's work, in addition to working on families living in these areas, an...
2020-12-10 14:27:40
Dr. Amr Talaat, Minister of Communications and Information Technology, announced, choosing the new administrative capital to be the Digital Arab capital for 2021;As it embraces the efforts to achieve digital transformation, development of digital skills and capabilities , and stimulating digital creativity in Smart environment ,integrated ,and the homogeneous, Ecological system that includes a well-established partnership between all stakeholders to serve the sustainable development goals and serving the largest national project, "Digital Egypt”; Praising with the success of the Arab Digital Capital initiative and the excellent choice for Riyadh in 2020. It is worth mentioning that the Arab Digital Capital initiative was launched with the aim of creating a stimulating environment for investment in the communications and information technology sector Cross highlighting the technical value of the city hosting the activities of the digital Arab capital and developing its major role In enabling technology and intellectual creativity. Talat stressed in his speech during the meeting headed by Egypt، Continued consolidation of efforts to achieve a digital Arab society in light of the technological and information revolution that the world is witnessing ؛ He pointed out that the conditions of the pandemic proved that the communications and information technology sector is the active component and the driving tool of all other sector, It has al...
2020-12-31 12:25:38
The company “German-Lebanese " for the manufacture of GLC paints launches Color Trends conference 2021، Which focuses on 24 new colors by the most prominent architects and designers in Egypt and the Arab region. The company confirmed in a statement,, That the trends and fashion of colors for the new year are presented in a different way and style and that reflect the changes that have occurred in the world environmentally, socially and economically and modern color trends fulfill the difficult equation for now where different tastes are taken into consideration and relies on science and technology... In addition to relying on production inputs manufactured according to the best specifications and international quality Therefore, GLC decided to adopt a new approach and ideas Made by innovative designers to create a different design, be the color stemming from the idea is the basis. And the results were impressive and exceeded the company's expectations. Noted that the 2021 color trends launch conference is the first of its kind in the Middle East، Which strengthens Egypt's position at the economic level and supports the mission of promoting investment and business opportunities in Egypt، Especially after the bold economic and social reform phase that Egypt witnessed 6 years ago، works on the importance of putting Egypt in the field of fashion and colors، And confirmation of the state's appreciation for innovation To be fully qualified to become...
2020-12-31 12:26:41
Dr. Hala El-Said, Minister of Planning and Economic Development, Governor of the Arab Republic of Egypt at the Islamic Development Bank Group, announced the results of cooperation between Egypt and the Bank Group within two years (August 2018 - December 2020). She said that Egypt is one of the founding countries of the Islamic Development Bank, pointing out that Egypt joined the bank in 1974 and has a permanent seat on the Board of Executive Directors. She added that Egypt ranks seventh among the largest shareholders and owns the largest number of shares in the bank, with 357,965 shares, or 7.07%, and its capital subscription amounts to $ 5 bn.
2021-01-09 15:21:39
Dr. Mustafa Madbouly, Prime Minister, held a meeting to follow up the work of the spatial variables system, in the presence of a number of ministers to discuss the establishment of a spatial data unit in every governorate to monitor spatial variables, and to complete coordination and linkage with the spatial data system in the Egyptian Military Survey Department of the Armed Forces, with the aim of controlling, governing and following up the formal and informal urbanization. Cairo Governorate is currently applying the system of spatial variables to control urbanization and prevent slums in the capital, as Cairo is the only governorate that applies this system. It is a project which aims to monitor the changes that occur spatially within the governorate and the extent of its legality, through monitoring various sites via satellites. Engineer El-Sayed El-Badriy, supervisor of the project to improve citizens' services in Cairo Governorate, confirmed that the "geographical website" of Cairo governorate works on many services provided to the heads of districts to control violations and encroachments . El-Badry added that this site serves the heads of Districts, through knowing whether the property is illegal or not, or if that land is owned by the state or not, and knowing the government places in the District. He pointed out that this site was launched in cooperation with the Ministry of Planning and Economic Development, adding that this...
2021-01-13 09:24:08
Egypt, represented by the Ministry of Communications and Information Technology (MCIT), is participating in the first Inter-Regional Week on Emerging Technologies for Development in the Arab and African Regions, organized by the International Telecommunication Union (ITU), . The objective of this year’s ITU Inter-Regional Week is to promote the wide-scale deployment of emerging technologies, including Artificial Intelligence (AI), Internet of Things (IoT), Big Data, low orbiting satellites and 5G, to ultimately contribute to the achievement of the Sustainable Development Goals (SDGs). MCIT is participating in the “Big Data and AI for Development” session, on December 15. The session will discuss a number of topics, including the role of big data in socio-economic development; data infrastructure and technologies; data applications for development; and data skills. The ITU plans to hold this event annually, with a new theme each year that focuses on specific emerging technologies and targets a number of SDGs. The focus this year will be on SDG 3 (Health and Well Being), SDG 8 (Decent Work and Economic Growth) and SDG 9 (Industry, Innovation and Infrastructure). The Emerging Technologies for Development Week provides an excellent opportunity for countries to share their experiences in using emerging technologies to mitigate the socio-economic impact of COVID-19, with a view to achieving the SDGs in the long run. The Week will highlight poten...
2021-01-21 15:01:03
