Egypt explores localisation of electrical equipment manufacturing with Chinese firms
Mahmoud Essmat, Minister of Electricity and Renewable Energy, concluded his meetings and field visits during his current trip to China with a series of discussions aimed at strengthening cooperation and advancing the localisation of electrical equipment manufacturing in Egypt. The
Egypt, China discuss sustainable Gaza ceasefire and Sudan truce
Egyptian Foreign Minister Badr Abdelatty stressed the necessity of implementing the second phase of the Sharm El-Sheikh peace agreement to ensure a sustainable ceasefire in Gaza, during a call with his Chinese counterpart Wang Yi onTuesday. Abdelatty told Wang that
Egypt, China’s XD Group discuss localising electrical equipment manufacturing
Mahmoud Essmat, Minister of Electricity and Renewable Energy, met with Zhou Qi Qi, Chairperson of China’s XD Group, and his delegation, in the presence of Mona Rizk, Chairperson of the Egyptian Electricity Transmission Company, and Osama Abdullah, Chairperson of EGEMAC.
Egypt’s AOI signs defence production deals with Chinese and Pakistani firms
Egypt’s Arab Organization for Industrialization (AOI) has signed memoranda of understanding with Chinese and Pakistani companies to localise the manufacturing of advanced military systems and technology, the authority said in a statement. AOI Chairman Major General Mokhtar Abdel Latif stated
China’s WINPEX to establish $15m lighting equipment plant in Ain Sokhna
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a new investment agreement with China’s WINPEX, a company specialised in lighting products and electrical appliances. The project, developed under the umbrella of industrial developer
Egypt’s SCZONE, China discuss boosting investment in auto, clean energy sectors
The head of Egypt’s Suez Canal Economic Zone (SCZONE) has met with a high-level Chinese economic delegation led by Deputy Minister of Commerce Ling Ji to discuss strengthening economic and investment cooperation. During the meeting at the authority’s headquarters in
HSBC Egypt hosts third China Corridor Forum to strengthen bilateral trade, investment
For the third consecutive year, HSBC Egypt has hosted its China Corridor Forum at the bank’s Head Office in Cairo, welcoming more than 100 Chinese corporates, policymakers, and financial experts to discuss the evolving China–Egypt economic relationship and prospects for
EU warns China’s rare earth curbs are a ‘great risk’, weighs response
European Commission President Ursula von der Leyen has warned that China’s tightening of export restrictions on rare earth metals and battery materials poses a “great risk” to Europe and said Brussels is considering all options in response, including coordinating with
CBE, China’s National Financial Regulatory sign MoU to strengthen joint cooperation
In light of the historic ties between Egypt and China, Tarek El-Kholy, Deputy Governor of the Central Bank of Egypt (CBE), received Fu Wanjun, Vice Minister of the China National Financial Regulatory Administration (NFRA), and his accompanying delegation at the
Al-Sisi holds talks with US, Chinese energy giants on Egypt expansion plans
Egyptian President Abdel Fattah Al-Sisi held separate meetings on Sunday with senior executives from US energy giants ExxonMobil and Apache Corporation, as well as China’s state-owned chemical engineering firm CNCEC, to discuss boosting investment and exploration in the country’s energy