Egyptian National and Strategic Development Projects: News and Updates

[The SC]

Egypt and Saudi Arabia sign deals worth 7.7 billion dollars during the Crown Prince's visit

Egypt and Saudi Arabia indicated their intention to boost economic ties on Tuesday during a visit to Cairo by Saudi Crown Prince Mohammed bin Salman and announced deals worth $7.7 billion.

A statement by the Egyptian presidency stated that the Saudi Crown Prince Mohammed bin Salman and Sisi discussed trade, investment and security, as well as a regional summit in Saudi Arabia next month, to be attended by US President Joe Biden.

The 14 deals signed on Tuesday ranged from renewable energy, petroleum, food and financial technology. It included a $1.5 billion agreement between Saudi Arabia's ACWA Power and the Egyptian Electricity Holding Company to build a wind power plant, according to an Egyptian cabinet statement.

The Egyptian General Authority for Investment and Free Zones said in a statement that among the other agreements are the development of the multi-purpose terminal in the Egyptian port of Damietta, and the establishment of a $150 million “pharmaceutical city” by the Egyptian Pharco Pharmaceutical Company in Saudi Arabia, the company’s board chairman told Al-Monitor. the East.

A joint statement said that Saudi Arabia is determined to lead investments in Egypt worth $30 billion..

 

[Hydration]

Egypt and Saudi Arabia sign deals worth 7.7 billion dollars during the Crown Prince's visit

View attachment 856602

Egypt and Saudi Arabia indicated their intention to boost economic ties on Tuesday during a visit to Cairo by Saudi Crown Prince Mohammed bin Salman and announced deals worth $7.7 billion.

A statement by the Egyptian presidency stated that the Saudi Crown Prince Mohammed bin Salman and Sisi discussed trade, investment and security, as well as a regional summit in Saudi Arabia next month, to be attended by US President Joe Biden.

The 14 deals signed on Tuesday ranged from renewable energy, petroleum, food and financial technology. It included a $1.5 billion agreement between Saudi Arabia's ACWA Power and the Egyptian Electricity Holding Company to build a wind power plant, according to an Egyptian cabinet statement.

The Egyptian General Authority for Investment and Free Zones said in a statement that among the other agreements are the development of the multi-purpose terminal in the Egyptian port of Damietta, and the establishment of a $150 million “pharmaceutical city” by the Egyptian Pharco Pharmaceutical Company in Saudi Arabia, the company’s board chairman told Al-Monitor. the East.

A joint statement said that Saudi Arabia is determined to lead investments in Egypt worth $30 billion..

They are going into the egyptian market with their heavy weights
very good

 

[Hydration]

https://twitter.com/x/status/1540439623909900288

No Prisions by 2026
Details of establishing 9 rehabilitation and reform centers

https://www.engazatmasr.com/2022/06/blog-post_61.html

 

[The SC]

They are going into the egyptian market with their heavy weights
very good

UAE and Qatar both pledged $10 billion each.. that is already $50 billion investments in the private sector mostly..

 

[Hydration]

UAE and Qatar both pledged $10 billion each.. that is already $50 billion in vestments in the private sector mostly..

Qatar finally bowed and realized its gonna get left out with Egyptian gas deals to europe al jazeera will have a reset button soon

https://twitter.com/x/status/1540693982920855553

 

[Gomig-21]

Speaking of the private sector and its impact...6.2% in GDP real growth for June to end at 5.5% for fiscal 2022/23! This is truly incredible MashAllah.

https://twitter.com/x/status/1541460276867989505

 

[Hydration]

Speaking of the private sector and its impact...6.2% in GDP real growth for June to end at 5.5% for fiscal 2022/23! This is truly incredible MashAllah.

https://twitter.com/x/status/1541460276867989505

they will also make the private sector 60% instead of 32 percent it controls today The military has done its role in supporting the economy during the crisis now its time to leave for the country

 

[Gomig-21]

they will also make the private sector 60% instead of 32 percent it controls today The military has done its role in supporting the economy during the crisis now its time to leave for the country

I heard. Imagine the military giving up that control? I'm sure they'll probably have some "background control". Still, it's a great leap and a testament to Sisi who really understands how things work. People who don't see these things that he's done tend to only be influenced by the international media's negative portrayal. You'll never see an outfit like the NYT or the Washington Post or any European outlet for that matter actually show the tremendous positive and successful things he's done for Egypt. The man is truly a genius which makes sense why he was appointed head of the intelligence. It's really impressive how he understands the correct way of not only nation building, but specifically Egypt which was in one of the most difficult and precarious positions in 2013.

The private sector is considered the engine of economic development and growth which will also spike that GDP number, especially with a population of 105 million.

 

[Hydration]

I heard. Imagine the military giving up that control? I'm sure they'll probably have some "background control". Still, it's a great leap and a testament to Sisi who really understands how things work. People who don't see these things that he's done tend to only be influenced by the international media's negative portrayal. You'll never see an outfit like the NYT or the Washington Post or any European outlet for that matter actually show the tremendous positive and successful things he's done for Egypt. The man is truly a genius which makes sense why he was appointed head of the intelligence. It's really impressive how he understands the correct way of not only nation building, but specifically Egypt which was in one of the most difficult and precarious positions in 2013.

The private sector is considered the engine of economic development and growth which will also spike that GDP number, especially with a population of 105 million.

about sisi something i didnt know before he was the one who suggested the idea of badr 96. hes truly a man we can trust

 

[The SC]

President Sisi in Oman

President Sisi in Bahrain

https://twitter.com/x/status/1541417892490711042

 

[The SC]

Cairo: The Russian company Rosatom begins construction of the first nuclear power plant in Egypt (El-Dabaa)

https://www.world-nuclear-news.org/...rmit-issued-for-first-Egyptian-unit?feed=feed

The importance of the El-Dabaa project, as a “technological security project, which is one of the finest types of technology in the world.”

 

[shi12jun]

 

[Hydration]

kemet as a name will be great

 

[The SC]

https://energyegypt.net/egypt-ajlan-bros-ink-3-3-bn-deal-to-build-petroleum-storage-complex/

 

[The SC]

Egypt's first digital manufacturing center​