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Thursday, 14 September 2017

Mamish signs agreements with Bavaria to construct 5 factories in East Port Said

Suez Canal Economic Zone head Mohab Mamish signed yesterday five agreements with Bavaria to establish five factories to manufacture tractors, buses, irrigation systems, and armored doors in the East Port Said industrial zone, Al Masry Al Youm reports. Construction on the factories is expected to begin in January 2018. There is no word yet on the size of the agreement and how much investment Egypt drew in from them.

Egypt has called for an “urgent meeting” of the United Nations Security Council to discuss the current crisis Rohingya Muslims in Myanmar are facing, according a statement from Foreign Ministry. The statements came as around 300K Rohingya Muslims fled Myanmar to Bangladesh following attacks Myanmar’s military.

Expolink delegation to visit Ghana for export talks next months: A delegation of more than 15 companies belonging to the Egyptian Exporters Association (Expolink) are visiting Ghana from 24-28 October to discuss bringing Egyptian products to African markets, Al Masry Al Youm reports. Expolink is expecting to sign funding agreements with the African Development Bank and African Export-Import Bank as well as Morocco’s Attijariwafa Bank.

Egyptian intelligence has informed Hamas it is unable to continue mediating between it and Israel over the issue of prisoners of war and missing persons, a source told JPost. Hamas leader Ismail Haniyeh was in Egypt earlier this week discussing “national reconciliation” with Fatah.

And speaking of Fatah, a delegation from the Palestinian faction is due to visit Cairo Friday for reconciliation talks with Hamas,Al Shorouk reports.

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