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KHARTOUM, July 17, 2018 (MENA) - President Abdel Fattah El Sisi will begin a two-day official visit to Sudan on Thursday, Sudan's Ambassador in Cairo Abdul-Mahmoud Abdul-Halim told his country's official news agency Monday.

Abdul-Halim said the visit reflects the vitality and privacy of relations between the two countries and peoples, noting that it's Sisi's first trip to Khartoum since his re-election for a second term.

President Sisi and his counterpart Omar al Bashir will discuss means of boosting bilateral relations, regional issues and files of common concern, said the diplomat.

They will also mull progress and outcome of recent meetings on cooperation mechanisms after their meeting in Addis Ababa on the sidelines of the last African Summit, added the ambassador.

By Gazette Staff:

CAIRO, July 12, 2018-  Minister of Petroleum and Mineral Wealth Tarek el-Molla met the Minister Counsellor for French Economic Affairs and Head of the French Economic Department for the Middle-East Jacques De Lajugie on Thursday.

They discussed investment opportunities in the power sector, particularly in petroleum and natural gas, with a view to boosting their cooperation..

El-Molla stressed the depth of Egypt-France ties , praising the French President's support for the country's development efforts. He said that the  economic and commercial ties between the two countries had made major progress since the early 80s .  France, he said, is one of the key investors in Egypt. The mutual understanding of the political leadership of the two countries gives an extra boost to their further co-operation.

The meeting also dealt with the activities of the French companies operating in petroleum and natural gas.

On a positive note, Minister Molla said the investments of Italy's Edison and ENGIE witnessed remarkable increase.

De Lajugie , for his part, described Egypt-France cooperation as  ' constructive' and ' fruitful', stressing that the Egyptian market is one of France's most important external markets .

In another development, Environment Minister Yasmine Fouad discussed with the French Ambassador to Egypt, StéphaneRomatet, discussed the means of enhancing the means of widening scope of joint co-operation in diverse environment domains, including solid waste management with the aim of turning it into energy.

Minister Fouad emphasized the paramount importance of exchanging expertise with France in the light of France interest in climate change issues.

It is worth mentioning that Egypt is to host 14th meeting of the Conference of the Parties to the Convention on Biological Diversity (CBD/COP 1) in Sharm El Sheikh during the period November 17-29.

The French Ambassador, for his part, highlighted the French strategy of biodiversity in hopes of enhancing solid waste management in coastal areas.


By Gazette Staff

CAIRO, July 12, 2018 - Minister of Public Sector Enterprise Hesham Tawfik held a meeting with a delegation from the American Chamber of Commerce (AmCham) in Cairo on Thursday to discuss ways of boosting co-operation between the two sides.

Discussions also covered the possibility of promoting investment opportunities in the companies affiliated to the ministry.

Minister Tawfik reviewed the ministry's plan to develop and upgrade its public sector subsidiaries according to comprehensive studies of the industrial sectors, to identify their strong and weak points, and to devise suitable mechanisms and strategies concerning each public sector company.

The minister stressed the importance of using the expertise of the private sector in a number of industrial sectors, in the process of restructuring and developing the subsidiaries.

He referred to the government's initial public offerings (IPOs) in the Egyptian stock exchange and said that the Ministry of Public Sector Enterprise had also offered the shares of some of its subsidiaries.

The AmCham delegation invited the Minister to meet a delegation of American businessmen, who will visit Egypt in October.

Attending yesterday’s meeting were the Chamber's Chairman of the Board of Directors, Eng. Tarek Tawfik, and the Chief Executive Director Sylvia Menasa.

By Gazette Staff

CAIRO, July 10, 2018 - The Minister of Local Development, Major General Mahmoud Shaarawi, held a meeting on Tuesday with the Janet Heckman, Managing Director, European Bank for Reconstruction and Development (EBRD), Southern and Eastern Mediterranean, and her accompanying delegation.

During the meeting, Minister Shaarawi reviewed ways of supporting and improving co-operation between Egypt and the EBRD.

Discussions also covered the latest developments pertaining to the purging of the Kitschner irrigation waste canal, which passes through three governorates: Gharbiya, Dakahlia and Kafr El Sheikh.

The project is being co-funded by the European Investment Bank, EBRD, the European Union and the Egyptian government. The cost of the first stage of the project totalled around 481 million euros.

The minister praised the level of co-operation between Egypt and Europe in all fields.

In the course of the meeting, he welcomed the increase in the number of joint projects with the EBRD, especially in the governorates of Upper Egypt and the provinces in most need of infrastructure projects that benefit citizens and improve the services provided to them.

Minister Shaarawi said that the Kitschner Canal purging project, when completed, would serve about 180 villages in the three governorates through which the canal passes.

The minister added that the project was aimed at improving the health conditions of the residents of the three governorates by providing proper sanitation services, solid waste disposal and improving water quality.

CAIRO, July 7, 2018 (MENA) - Egyptian Agriculture Minister Ezzel Din Abu Steet discussed with Dutch Ambassador in Cairo Laurens Westhoff means of intensifying agricultural cooperation between the two countries.

At a meeting held at the Agriculture Ministry headquarters here, the agriculture minister asserted that a large number of cooperation domains between both countries are available in the agriculture field and other sectors affiliated to it.

Abu Steet voiced Cairo’s keenness on boosting such cooperation to benefit from the Dutch expertise.

Joint cooperation between both countries should include the field of generating power from wind, as a renewable energy source, he said, adding that it could be used in land reclamation projects, mainly the project of cultivating 20,000 feddans in western Minya.

He cited exchanging technical expertise in agricultural scientific research as one of the major cooperation domains that should be included.

Both sides agreed to form a joint coordinating committee assigned to outline major domains of cooperation and a plan of action.




Gazette Staff

CAIRO, July 5, 2018 - Minister of the Public Enterprise Sector Hesham Tawfik held a meeting on Thursday with Katrina Hansen, Deputy Director of the European Bank for Reconstruction and Development (EBRD) and her delegation.

During the meeting, they discussed how best to boost co-operation with the EBRD and the bank's contribution to restructuring and developing the public companies affiliated to the ministry.

Minister Tawfik reviewed the ministry's plan for examining the status of these companies, identifying their strong and weak points, the opportunities available to them and the challenges facing them. Discussions also covered the studies carried out by specialised consultancy offices, to devise suitable strategies for dealing with the companies.

Ms Hansen reviewed the services offered by the bank and potential co-operation with the Ministry of Public Enterprise to upgrade public sector companies.

She said the bank would also take part in promotional tours to review investment opportunities in the public and private sectors. The bank was also prepared to provide the ministry with market studies on the industrial sectors in which the subsidiaries operate.

Ms Hansen invited the minister to attend a conference organised by the British Trade Secretary next December, to promote the investment opportunities available in the companies affiliated to the ministry.

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