Tag: Economy
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EBRD is studying financing five feed-in tariff projects in its 2nd phase
Janet Heckman, managing director for the Southern and Eastern Mediterranean (SEMED) region at the European Bank for Reconstruction and Development (EBRD), said that the bank is currently studying to finance five projects in the second phase of the feed-in tariff projects starting from the second half of this year. Heckman told Daily News Egypt that…
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Trade exchange between Greece and Egypt reached €1.3bn: Pantelis Gassios
Greece intends to increase its commercial cooperation with Egypt. Known for its fabulous cuisine, Greece started with food products, aiming at increasing investments between both countries in this sector. Around 15 Greek food companies exhibited their products in the Greek Rowing Club, located in Giza, which included olives, olive oil, honey, cheese, packed products, and…
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Egypt Plans to Implement ‘Electronic Visa Application System’ to Attract More Tourists
In a step that aims to facilitate visa procedures to tourists, Egypt’s Interior Minister Magdy Abdel-Ghaffar met with Telecommunication Minister Yasser Al-Qady to discuss the development of a new system that will allow issuance of electronic visas. The step is expected to positively affect the tourism sector and the rate of incoming tourists to Egypt,…
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Egypt Heads Project to Connect 10 African Countries through Nile Shipping Line
By 2024, a 4,000 kilometers waterway will connect ten African countries, stretching between Lake Victoria and the Mediterranean Sea. An Egypt-led project, the navigational shipping line is to be established along the Nile River for small and medium-size commercial vessels to boost bilateral trade. Egyptian Minister of Water and Irrigation Moahmed Abdel Aty announced the completion of an annual…