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Egypt

Top French military college gears up for annual Africa forum

The Paris-based Institut des Hautes Etudes de Défense Nationale (IHEDN) will hold the 23rd Forum de l'IHEDN sur le Continent Africain (FICA) from 26 June to 1 July.

Subscribers only Defence 09.06.2023

East Med Gas Forum chief to discuss Egypt-EU-Israel gas supply project during Brussels visit

European Commission President Ursula Von Der Leyen at the ministerial meeting of the East Mediterranean Gas Forum (EMGF) in Cairo, Egypt, 15 June 2022. © Shokry Hussien/Reuters

Subscribers only Energy 07.06.2023

Sisi to bring Egypt's 2024 presidential election forward

Campaign posters for Abdelfattah al-Sisi during the last presidential election, in central Cairo. © Fethi Belaid/AFP

Subscribers only Politics 05.06.2023

Egypt and Ethiopia at loggerheads over AU human resources budget

Frosty relations between Addis Ababa and Cairo as a result of the Grand Ethiopian Renaissance Dam project are likely to stall processes in the African Union. The Egyptian head of the budget subcommittee still refuses to agree to a budget increase which would allow staff on temporary contracts, many of whom are Ethiopian, to be given a permanent status.

Subscribers only Politics 05.06.2023

Cairo's telecoms minister to meet French business leaders in Paris

Amr Talaat will be arriving in the French capital in ten days' time for a string of meetings with French companies that do business in Egypt. The minister wants to encourage French investment in data centres.

Subscribers only Business, Diplomacy 01.06.2023

Brussels baulks at backing Scatec's green hydrogen project

Norwegian energy group Scatec has been trying for several months to obtain European Union financing for the development of its hydrogen and ammonia production projects in Egypt. The European Commission's refusal to grant financing makes their realisation uncertain.

Subscribers only Energy 31.05.2023

Arab Contractors keeps pressure on Cairo for Alexandria metro project

The Egyptian state-owned construction giant will not give up on the mega-contract, despite having lost out to Orascom and Bouygues. Mediation talks are planned over the next few weeks and the national transport agency may well change the outcome of the bid in its favour.

Subscribers only Infrastructure, Business 24.05.2023

Rising gold prices start rush to create specialist investment funds

Its place as the ultimate safe investment and limited stocks mean that gold is changing hands at record prices in Egypt, much higher than those available on the international market. A first specialist gold investment fund has been set up and others are due to follow.

Subscribers only Commodity traders 23.05.2023

Army company privatisations plan meets resistance

The process of privatising 32 Egyptian public sector companies, two of them owned by the defence ministry, should have got under way in late April. Its very slow pace has raised doubts among foreign investors about the economic reforms planned by Moustafa Madbouli and his government.

Subscribers only Finance 17.05.2023

Curtain falls on billionaire Naguib Sawiris's French adventure

After paying off all debts and winning a legal battle, Egyptian billionaire Naguib Sawiris has ended his business in France where he had hoped to relaunch hold mining with Cominor, a subsidiary of his holding La Mancha.

Subscribers only Finance, Mining 15.05.2023

Cairo's ambitious two-step UNESCO plan

Egypt is hoping to use a temporary lack of interest in the post of assistant director-general for UNESCO's Africa department to place one of its diplomats. This could in turn lead to an opening for Khaled Al Anani to take the helm of the institution in 2025.

Subscribers only Diplomacy 12.05.2023

Sudan war deals fresh blow to struggling Egyptian economy

The risk of disrupted food supplies from Sudan has sparked fears of further price hikes in Egypt, while Cairo's exports to its southern neighbour, its third-biggest market in Africa, may also be badly hit.

Subscribers only Business 08.05.2023

Inner circles
Ayman Soliman and Mohamed Amin mastermind sovereign fund's Gulf strategy

The Sovereign Fund of Egypt is playing a leading role in trying to attract international investors to the country as it battles with a crippling debt crisis. Sisi's office is keeping a close eye on the team that runs the fund.

Subscribers only Politics, Business 05.05.2023

Trade minister to visit Turkey to promote investment in Egypt

Egyptian trade and industry ministry Ahmed Samir is due to visit Turkey this month with the aim of further strengthening the economic parntership between the two giant eastern Mediterranean powers.

Subscribers only Business, Diplomacy 04.05.2023

MbZ's brother wants to get hands on Cairo's prized plot of land

The brother of UAE president Mohammed bin Zayed al-Nahyan is poised and ready to acquire the plot of land on which ex-President Hosni Mubarak's headquarters stood until 2011. The Emirati royal family has reportedly conditioned this acquisition on other investments to come.

Subscribers only Business, Diplomacy 25.04.2023

Aerial view of Tahrir Square in Cairo. The area on sale is shown in orange.

Sisi seeks Chinese solution as IMF and creditors close in

Cairo is to raise capital on the Chinese markets as the IMF insists on conditions previously set for disbursing a second tranche of a loan approved last December. Beijing is already the country's fourth largest creditor.

Free access Infrastructure, Finance 20.04.2023

What was the role of the elite Egyptian army unit arrested by the RSF?

While Egyptian soldiers detained by the Rapid Support Forces started to be released last night, their presence at the Merowe base in the north of the country is raising questions. On the sidelines of joint exercises between the Egyptian and Sudanese armies, this unit appears to have been stationed there for a long period of time.

Subscribers only Diplomacy 20.04.2023

Union for the Mediterranean members jostle for top post

Egyptian diplomat Nasser Kamel's term as secretary-general of the Union for the Mediterranean (UfM), which he has led since 2018, ends next year. Behind the scenes, negotiations are already underway between member states to appoint his successor.

Subscribers only Diplomacy 20.04.2023

French unis and business schools make major moves into Egypt's lucrative private education sector

New educational facilities worth tens of millions of euros are to open in the Egyptian capital. Paris's policy of promoting French language learning is facilitating this move in a growing sector.

Subscribers only Business 19.04.2023

Bouygues and Rowad in running for Alexandria tram contract

Eight consortia have been shortlisted for the half-a-billion euro contract to upgrade the tram system in the Egyptian port city. The Bouygues subsidiary Colas and its Egyptian partner are up against various state-owned Chinese companies.

Subscribers only Infrastructure 13.04.2023

In Focus
Sisi's generals enjoy suite success from their moneymaking luxury hotels

With the Egyptian economy in crisis and the military apparatus tightening its grip, the country's generals are staking their claims on the lucrative high-end hotel sector. From building lavish establishments to signing international partnerships, the top brass fancy themselves as luxury and business tourism tycoons - and there appears little to stop them continuing.

Subscribers only Politics, Business 10.04.2023

Colonel Walid Sami Salama (left), General Sherif Salah el-Dine (center) and General Mohamed Amin (right).

EU immigration assistance still in balance

The partnership between the EU and Egypt to control migration was a major focus of two recent visits to Cairo by senior European Commission officials. It is not at all certain, however, that Egypt will get the surveillance equipment it has been promised.

Subscribers only Diplomacy 06.04.2023

Spotlight
Petronas, Apex, SDX and Dana poised to exit over late state payments

Egypt's budget deficit has encouraged the state to dip into the reserves of the state-owned hydrocarbons companies. This has slowed down payments to private sector oil producers, who are now looking to sell up.

Subscribers only Finance, Energy 30.03.2023

Tourism rebound whets luxury hotel group appetites

Oberoi Hotels & Resorts is reportedly planning to open two new establishments in Egypt. A rapid increase in the number of visitors to the country has prompted the Indian giant, along with other international luxury hotel groups, to boost its presence there.

Subscribers only Business 30.03.2023

Electricity and oil ministries clash over green hydrogen plans

Egypt's trade partners and international investors want to speed up the development of green hydrogen by incorporating it into the framework of the East Med Gas Forum. But Cairo's Ministry of Electricity and Renewable Energy does not see eye to eye with its Ministry of Petroleum and Resources over the way forward.

Subscribers only Energy 28.03.2023

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Africa
Massad Boulos, a free agent of Donald Trump's African diplomacy under close watch

DRC
The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Egypt

Top French military college gears up for annual Africa forum

East Med Gas Forum chief to discuss Egypt-EU-Israel gas supply project during Brussels visit

Sisi to bring Egypt's 2024 presidential election forward

Egypt and Ethiopia at loggerheads over AU human resources budget

Cairo's telecoms minister to meet French business leaders in Paris

Brussels baulks at backing Scatec's green hydrogen project

Arab Contractors keeps pressure on Cairo for Alexandria metro project

Rising gold prices start rush to create specialist investment funds

Army company privatisations plan meets resistance

Curtain falls on billionaire Naguib Sawiris's French adventure

Cairo's ambitious two-step UNESCO plan

Sudan war deals fresh blow to struggling Egyptian economy

Inner circles
Ayman Soliman and Mohamed Amin mastermind sovereign fund's Gulf strategy

Trade minister to visit Turkey to promote investment in Egypt

MbZ's brother wants to get hands on Cairo's prized plot of land

Sisi seeks Chinese solution as IMF and creditors close in

What was the role of the elite Egyptian army unit arrested by the RSF?

Union for the Mediterranean members jostle for top post

French unis and business schools make major moves into Egypt's lucrative private education sector

Bouygues and Rowad in running for Alexandria tram contract

In Focus
Sisi's generals enjoy suite success from their moneymaking luxury hotels

EU immigration assistance still in balance

Spotlight
Petronas, Apex, SDX and Dana poised to exit over late state payments

Tourism rebound whets luxury hotel group appetites

Electricity and oil ministries clash over green hydrogen plans

Create a notification

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Africa Massad Boulos, a free agent of Donald Trump's African diplomacy under close watch

DRC The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Cabo Delgado: a gas Eldorado and security nightmare

The Renaissance Dam – a national symbol but a regional quandary

Andry Rajoelina

African Development Bank

Paul Biya

Erik Prince

AFRICOM

Egypt

Top French military college gears up for annual Africa forum

East Med Gas Forum chief to discuss Egypt-EU-Israel gas supply project during Brussels visit

Sisi to bring Egypt's 2024 presidential election forward

Egypt and Ethiopia at loggerheads over AU human resources budget

Cairo's telecoms minister to meet French business leaders in Paris

Brussels baulks at backing Scatec's green hydrogen project

Arab Contractors keeps pressure on Cairo for Alexandria metro project

Rising gold prices start rush to create specialist investment funds

Army company privatisations plan meets resistance

Curtain falls on billionaire Naguib Sawiris's French adventure

Cairo's ambitious two-step UNESCO plan

Sudan war deals fresh blow to struggling Egyptian economy

Inner circles Ayman Soliman and Mohamed Amin mastermind sovereign fund's Gulf strategy

Trade minister to visit Turkey to promote investment in Egypt

MbZ's brother wants to get hands on Cairo's prized plot of land

Sisi seeks Chinese solution as IMF and creditors close in

What was the role of the elite Egyptian army unit arrested by the RSF?

Union for the Mediterranean members jostle for top post

French unis and business schools make major moves into Egypt's lucrative private education sector

Bouygues and Rowad in running for Alexandria tram contract

In Focus Sisi's generals enjoy suite success from their moneymaking luxury hotels

EU immigration assistance still in balance

Spotlight Petronas, Apex, SDX and Dana poised to exit over late state payments

Tourism rebound whets luxury hotel group appetites

Electricity and oil ministries clash over green hydrogen plans

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Africa
Massad Boulos, a free agent of Donald Trump's African diplomacy under close watch

DRC
The Tshisekedi clan's dangerous ties with cobalt looting "cartels"

Inner circles
Ayman Soliman and Mohamed Amin mastermind sovereign fund's Gulf strategy

In Focus
Sisi's generals enjoy suite success from their moneymaking luxury hotels

Spotlight
Petronas, Apex, SDX and Dana poised to exit over late state payments