Egypt’s Prime Minister Moustafa Madbouli witnessed on Sunday the signing of a strategic partnership agreement between Midar Investment and Urban Development Company and Majid Al Futtaim to develop an integrated urban project in Mada City, New Cairo, with an initial development value exceeding $3.1 billion.
Egypt, South Africa push for deeper African economic integration
Minister of Investment and Foreign Trade, Mohamed Farid, affirmed on Sunday that co-operation between Egypt and South Africa represents a cornerstone for strengthening African economic integration, stressing the need to transition from traditional trade exchange to joint industrial co-operation and the integration of value chains.
New Western Desert gas discovery to begin production by end of month
Minister of Petroleum and Mineral Resources, Karim Badawi, affirmed on Sunday that expanding the use of horizontal drilling and hydraulic fracturing technologies represents a key pillar of the ministry’s strategy to double Egypt’s crude oil production and achieve the targets of its five-year development plan.
Trump: US to resume attacks if Iran does not restrain allies
President Donald Trump on Sunday posted that the US will resume attacks on Iran unless the Iranians can keep their Hezbollah allies in Lebanon from causing violence.
Poll: Israelis believe Iran won war
The overwhelming majority of Israelis believe Iran won the war against the US and Israel and view the deal between Washington and Tehran negatively, according to a poll released on 21 June.
