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Tags (232) : Egypt

Israel supports a two-state solution to its conflict with Palestine

Israel supports a two-state solution to its conflict with Palestine
09/23/2022 | Society / Institutions
ISRAEL / PALESTINE. Speaking at the United Nations in New York during the 77th session of the United Nations General Assembly, the Israeli Prime Minister spoke out in favor of "an agreement with the Palestinians, based on two states for two peoples.
Amman, Aziz Akhannouch, Benyamin Netanyahu, Cairo, Donald Trump, Egypt, Emmanuel Macron, France, Gaza, Germany, Golan Heights, Hamas, Iraq, Islamic Jihad, Israel, Israeli-Palestinian conflict, Jerusalem, Jordan, Josep Borrell, Lebanon, Likud, Middle East, Mike Pompeo, Morocco, Munich, New York, Palestine, Paris, Sinai, Six-Day War, Syria, Tor Wennesland, two-state solution, UN, United Nations, United States, West Bank, Yair Lapid

Voltalia invests in five new solar power plants in Portugal

Voltalia invests in five new solar power plants in Portugal
09/22/2022 | Environment
PORTUGAL / FRANCE. The French Voltalia will build a new complex of small solar power plants in Portugal on five sites.
AFM, Albania, Alcochete, Antuzede, Aïn Beni Mathar, Cabril, Creadev, Egypt, energy, environment, Europe, France, Glbal Solar Hub, Greece, Guercif, Helexia, Jordan, Lisbon, Morocco, Mulliez, Mulliez family association, Oliveira de Frades, photovoltaic, Pinhal Novo, Porto, Portugal, renewable energy, Sertã, solar power plants, Sébastien Clerc, Vale Serrao, Voltalia

HOMERe France and IECD join forces to facilitate the employability of young Lebanese

HOMERe France and IECD join forces to facilitate the employability of young Lebanese
09/22/2022 | Services
LEBANON / FRANCE. The HOMERe France association and the European Institute for Cooperation and Development have signed a cooperation agreement to support the employability of Lebanese youth by offering internships in France to senior technicians who have graduated in Lebanon.
Bruno Boulnois, Egypt, Emmanuel Becquart, European Institute for Cooperation and Development, France, HOMERe, IECD, Lebanon, Marseille, Morocco, Paris, Provence-Alpes-Côte d'Azur Region, Renaud Muselier, training, Tunisia

Cyprus' Aphrodite gas field secures financing for its first drilling

Cyprus' Aphrodite gas field secures financing for its first drilling
09/20/2022 | Industry
CYPRUS. The partners of the Aphrodite gas field approve a $192 million financing that will allow the drilling of a first well in this very promising field.
Ankara, Aphrodite, Athens, Cairo, Chevron, Cyprus, Delek, Delek Drilling, Eastern Mediterranean, EEZ, Egypt, gas, Greece, Israel, Leviatan, Limassol, liquefied natural gas, NewMed Energy, Oruç Reis, Shell, TRNC, Turkey

The Crédit Agricole becomes a majority shareholder in its Egyptian subsidiary

The Crédit Agricole becomes a majority shareholder in its Egyptian subsidiary
09/13/2022 | Services
EGYPT / FRANCE. Crédit Agricole now owns 52% of the capital of Crédit Agricole Egypt, its subsidiary based in Cairo.
bank, BNP Paribas, Cairo, Crédit Agricole, Crédit Agricole Egypt, Crédit Lyonnais, Egypt, Egyptian American Bank, Egyptian Stock Exchange, Emirates NBD, France, National Société Générale Bank, Qatar National Bank

The Egyptian Abou Ghaly Motors will have 250 electric cabs

The Egyptian Abou Ghaly Motors will have 250 electric cabs
09/08/2022 | Environment
EGYPT. Egypt's Abou Ghaly Motors, a provider of integrated mobility solutions, will purchase 250 range-extended electric vehicles (REEVs) for its cab services.
Abu Ghaly Motors, AGM, Alfa Romeo, Austria, Cairo, Cop27, EBRD, EDFD, Egypt, electric vehicles, environment, EU, European Bank for Reconstruction and Development, European Fund for Sustainable Development, European Union, Finland, Foreign Commonwealth and Development Office, Jeep, London Cab, London Electric Vehicle Company, Mercedes, Mohamed Abou Ghaly, Nandita Parshad, Netherlands, OFDD, Petronas, Qudsi Rasheed, REEV, Sharm El-Sheikh, Sixt, Subaru, Switzerland, TaiwanICDF, UK, UN

Air France-KLM in the front row for the privatization of the ex-Alitalia which became ITA Airways

Air France-KLM in the front row for the privatization of the ex-Alitalia which became ITA Airways
09/01/2022 | Society / Institutions
ITALY / FRANCE / UNITED STATES. The Italian Ministry of Economy opened exclusive negotiations with the American investment fund Certares, associated with the airlines Air France-KLM and Delta Air Lines, for the partial takeover of ITA Airways.
Air France-KLM, airline, Alitalia, Certares, Delta Air Lines, Egypt, Etihad, Europe, France, Il Messaggero, Israel, ITA Aiways, Italy, Japan, Lufthansa, Milan Linate, MSC, New York, Rome Fiumicino, Sky Miles, Sky Team, transport, United States, Virgin Atlantic, Volare

The Human Rights Committee finds Madrid guilty of violating the political rights of Catalan separatists

The Human Rights Committee finds Madrid guilty of violating the political rights of Catalan separatists
09/01/2022 | Society / Institutions
SPAIN. According to the UN Human Rights Committee, the Spanish state "violated' the political rights of former Catalan leaders by suspending them from political office after Catalonia's 2017 secession attempt.
Albania, Egypt, Esquerra Republicana de Catalunya, France, Geneva, Greece, Helene Tigroudja, Jordi Turull, Josep Rull, José Santos, Madrid, Morocco, New York, Office of the High Commissioner for Human Rights, OHCHR, Oriol Junqueras, Pedro Sanchez, Photini Pazartzis, Portugal, Raül Romeva, Slovenia, Spain, Tunisia, UN, UN Human Rights Committee, United Nations, Vasilka Sancin, Wafaa Bassim

Saudi Arabia's Alfanar to invest $3.5 billion in green hydrogen project in Egypt

Saudi Arabia's Alfanar to invest $3.5 billion in green hydrogen project in Egypt
08/30/2022 | Society / Institutions
EGYPT. Saudi company Alfanar has signed a memorandum of understanding to build a green hydrogen production plant at the Egyptian port of Ain Sokhna.
Ain Soukhna, Al Nowais, Alfanar, AMEA Power UAE, Ammonia, Aswan, Bendan, COP27, EDF Renewables, EETC, Egypt, green hydrogen, Hassan Allam Utilities, Masdar, Mubadala Investment company, NREA, renewable energy, Scatec, SCZone, Sharm el-Sheikh, Suez Canal, TSFE, Zero-Waste Egypt

Egypt's central bank governor throws in the towel amid economic meltdown

Egypt's central bank governor throws in the towel amid economic meltdown
08/18/2022 | Society / Institutions
EGYPT. Tareq Amer, Governor of the Central Bank of Egypt, has decided to resign one year before the end of his mandate. His country is experiencing a serious economic crisis.
Abdel-Fattah Sissi, Cairo, CBE, Central Bank of Egypt, Covid-19, Egypt, Egyptian economy, GlobalMarkets, IMF, International Monetary Fund, Russia, Tareq Amer, Ukraine, World Bank

Lebanon tries to meet the challenge of a good summer tourist season

Lebanon tries to meet the challenge of a good summer tourist season
07/28/2022 | Services
LEBANON. The Lebanese Minister of Tourism expects tourism revenues of about $3.5 billion during the 2022 summer season. A highly coveted resource in this country in the midst of a socio-politico-economic crisis.
AlHurra TV, Egypt, Fayrouz, Lebanese diaspora, Lebanon, Najib Nikati, TBWA, Tourism, Walid Kanaan, Walid Nassar

IMF urges Egypt to speed up fiscal and structural reforms

IMF urges Egypt to speed up fiscal and structural reforms
07/28/2022 | Society / Institutions
EGYPT. The International Monetary Fund (IMF) has said that Egypt, which is seeking a loan extension, must make "decisive progress" in fiscal and structural reforms.
Black Sea, Bretton Woods, Cairo, Egypt, IMF, International Monetary Fund, Istanbul, Russia, Sameh Shukri, Sergei Lavrov, Sissi, Solidarity and dignity program, Ukraine, UN, World Bank

Tunisia and Algeria fail to host the headquarters of the African Medicines Agency

Tunisia and Algeria fail to host the headquarters of the African Medicines Agency
07/19/2022 | Society / Institutions
AFRICA. The Executive Council of Foreign Ministers of the African Union has decided to award the permanent seat of the African Medicines Agency to Rwanda. Algeria came second in the vote and Tunisia third.
Africa, African medicines agency, Algeria, AMA, AU, Egypt, EMA, ERC, European Medicines Agency, Goldstein Market, health, Lusaka, medicine, Morocco, pharmaceutical industry, pharmaceutical market in Africa, Rwanda, Tanzania, Tunisia, Uganda, Zambia, Zimbabwe

The EU's inhabitants are becoming fewer and fewer

The EU's inhabitants are becoming fewer and fewer
07/12/2022 | Society / Institutions
EU. The population of the European Union decreased again in 2021 from 447 million on 1 January 2021 to 446.8 million on 1 January 2022.
António Guterres, Covid-19, Croatia, Cyprus, Egypt, European Commission, European Union, Eurostat, France, Germany, Italy, Malta, population, population in the EU, Slovenia, Southern Europe, Spain, World Population Day

The Mediterranean in drought

The Mediterranean in drought
07/05/2022 | Environment
MEDITERRANEAN. Drought is hitting the western Mediterranean this year, with greatly increased fire risks everywhere, and in the worst affected countries a drop in harvests and a threat to drinking water supplies.
agricultural production, Algeria, drinking water, drought, Egypt, Emilia-Romagna, fires, France, Friuli-Venezia Giulia, Italy, Libya, Lombardy, Mediterranean, Morocco, PACA, Piedmont, Po Plain, Portugal, Provence-Alpes-Côte d'Azur, Spain, Tunisia, Veneto

Lebanon to import gas from Egypt to fuel its power plants

Lebanon to import gas from Egypt to fuel its power plants
06/20/2022 | Society / Institutions
LEBANON / EGYPT. Lebanon is to sign an agreement described as "definitive" to import gas from Egypt and solve electricity shortages that have plagued the country for years.
Bretton Woods, EDL, Egypt, electricity, electricity of Lebanon, fuel, Jordan, Lebanon, Syria, United States, Washington, World Bank

EU to buy natural gas from Israel via Egypt

EU to buy natural gas from Israel via Egypt
06/16/2022 | Society / Institutions
ISRAEL / EGYPT / EU. Faced with the new geopolitical reality, the European Union signs a tripartite agreement with Israel and Egypt to increase supplies of Israeli natural gas from Egypt after liquefaction there.
Al-Sissi, Cairo, COP27, Egypt, energy, energy dependency, EU, Eurobarometer, European Commission, European Union, hydrogen, Israel, Jerusalem, liquefied natural gas, LNG, Masdar, Middle East Gas Forum, Naftali Bennett, natural gas, Russia, Sharm el-Sheikh, Suez Canal, Ukraine, Ursula von der Leyen

Egypt is the second largest recipient of foreign direct investment in Africa

Egypt is the second largest recipient of foreign direct investment in Africa
06/14/2022 | Society / Institutions
AFRICA. In African countries, Foreign Direct Investment has reached $83 billion in 2021. A record figure driven in particular by Egypt.
Africa, Antonio Guterres, economy, Egypt, FDI, Foreign Direct Investment, France, International Tax Reforms and Sustainable Investment, James Zahn, Mediterranean, Morocco, Mozambique, Naspers, North Africa, Properties report, Prosus, South Africa, Ukraine, Unctad, United Arab Emirates, United Kingdom, United Nations Conference on Trade and Development, Xlinks

Jordan wants to attract $41 billion in private investment in ten years

Jordan wants to attract $41 billion in private investment in ten years
06/07/2022 | Society / Institutions
JORDAN. Jordan is embarking on a development plan with the main objective of attracting $41bn of private funds in ten years to double its growth and solve its unemployment problem.
Abdullah, Bisher al Khasawneh, Egypt, FDI, foreign direct investment, IMF, International Monetary Fund, Jordan, Jordanian economy, United Arab Emirates

Egypt accounts for 25% of hotel development projects on the African continent

Egypt accounts for 25% of hotel development projects on the African continent
06/02/2022 | Society / Institutions
Egypt and Morocco occupy the top two spots in W Hospitality Group's survey of hotel development projects on the African continent. NORTH AFRICA. A survey conducted by W Hospitality Group (a hotel, tourism and leisure consultancy based in Lagos, Nigeria), in association with the Africa Hospitality...
Africa, Africa Hospitality Investment Forum, Agadir, AHIF, Algeria, Barceló, Cape Verde, Egypt, Ethiopia, Hilton, hospitality, hotel chapters, Hyatt, InterContinental, investment, Kenya, Lagos, Louvre, Marriott, Matthew Weihs, Meliá, Minor, Morocco, Nigeria, Radisson, Taghazout, The Bench, tourism, Trevor Ward, Tunisia, W Hospitality Group

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About Econostrum.info Econostrum.info is an independent media that deals with the daily economic news of the countries bordering the Mediterranean. Economic cooperation, business news by sector (Industry, Services, Transport, Environment, Society/Institutions), thematic files, airport news, airlines and shipping companies (new destinations)... are treated and analysed by a team of journalists present in the Mediterranean basin.
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