Latest in Tag: MOU Highlight
Latest in Tag: MOU

Minister of International Cooperation signs five agreements and MoUs worth $3.1bn in South Korea
Minister of International Cooperation Sahar Nasr signed five agreements and memoranda of understanding (MoU) worth approximately $3.1bn with South Korea on 3 March during President Abdel Fattah Al-Sisi’s visit to Asia

SCZone signs MOU with Spanish alliance to develop East Port Said industrial area
The alliance will consult on power, desalination of water and residential projects worth €8bn

Chinese-Egyptian economic relations align as ministries sign MOUs with Chinese companies
The Ministry of Investment and Ministry of Trade and Industry and the Ministry of Communications and Information Technology sign MOUs with Chinese government and companies

Egyptian Bank Federation signs MoU with Congolese Banking Association
The MoU was signed with the collaboration of the Egyptian Ministry of Foreign Affairs and the Egyptian Ambassador in Kinshasa, Democratic Republic of Congo.

Industry Ministry, ICIEC meet to activate MoU to finance Egyptian exports
Value of credit-financing package corporation amounted to $5.5bn last year, says CEO

MoU to facilitate flow of electronic data and trade between Agadir Agreement’s countries
The MoU draft handles exchanging legislation, notifications, anti-fraud and trade exchange

WFP signs MoU with Ministry of Manpower to fight child labour
The project is entitled the ‘Access of Children to Education and Fighting Child Labour’ project, with a €60m fund from the EU.

Siemens, Elsewedy Electric sign €2bn power plant agreement
Project is expected to begin operations by end of 2016 and to reach full capacity by mid-2018

UAE signs MoU for 10 projects in Matruh governorate
The first tourism project is to develop the Agiba plateau with investments worth $3bn, and the other is for the development of the Rommel area with investments of $4bn.

Egypt, World Bank sign MoU to improve investment environment
The MoU is part of Egypt’s efforts to benefit from the World Bank’s expertise in developing the investment environment.

Palm Hills still negotiating on 500 acre New Cairo project
MOU for project was signed during Economic Summit in March

Suez Canal investment opportunities still unclear: Canadian Chamber Chairman
Once details are provided, we’ll see what could be interesting for Canadian investors, says Ezzeldin

Building Energy signs $200m project for 2 50 MW solar plants in Egypt
The project’s construction will start in summer 2016 and will take 12 months, creating over 1,000 jobs

Ministry of Housing denies termination of Cairo Capital MoU
Contradictory reports have surrounded project since its announcement

Al-Sisi and his government’s resume highlights
The new canal will be established to increase the Suez Canal’s capacity to 97 passing ships per day, up from the current rate of 49 per day.

MNHD Board approves Al-Hokair Group’s mega mall construction offer
Investments worth EGP 700m are expected to be injected for the development of the mall, says MNHD’s Investor Relations Manager

New Capital agreement needs more time: Expert
Even three months is not enough to finalise new administrative capital agreement, says academic
Egypt, CMI sign MoU
Signingis Egypt’s third extension of agreement, prolonging cooperation period from 2015 to 2018
Arab Importer and Exporter Union plans $1.5bn Sudan investment
Two MoUs expected shortly between Union and the Sudanese Free Zones & Markets

3 cooperation agreements signed in China
Egyptian president met with leading Chinese tourism companies in Beijing

5 agreements signed between Egypt and Ethiopia
Targeted trade volume between both countries is over $5bn

Cabinet to review memorandum of understanding with MBC
Prime minister denies cancelling the memorandum; says it is not “legally binding”
Ministry of Transportation signs $800m MOU with China for railway project
Project will construct first electric traction railway system in Egypt