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Sunday, 29 August 2021

Hisense plans USD 170 mn investment + Paralympians steal the show

Diplomacy was the belle of the ball on last night’s talk shows, with everyone and their mother talking about and dissecting President Abdel Fattah El Sisi’s visit yesterday to Baghdad to participate in an Iraqi summit. El Sisi used the occasion to talk talk bilateral relations with regional leaders and officials as well as with French President Emmanuel Macron. El Sisi also held his first one-on-one with Qatari Emir Tamim bin Hamad Al Thani since the lifting of Egypt and the GCC’s 2017 blockade on Qatar. We have coverage in this morning’s news well, above.

For your viewing pleasure: Ala Mas’ouleety (watch, runtime: 11:03 | 1:47), Al Hayah Al Youm (watch, runtime: 8:37 | 1:53) and Masaa DMC (watch, runtime: 10:15 | 1:37) all had coverage.

Chinese electronics manufacturer Hisense’s plans to invest USD 170 mn in the Egyptian market was also on the agenda last night. Hisense has entered a partnership with Egypt’s El Araby Group to launch of an assembled-in-Egypt Hisense home appliance production line with El Araby. The agreement comes in line with Egypt’s push towards the localization of the electronics industry, and is expected to pave the way for further foreign direct investment into the country. Al Hayah Al Youm (watch, runtime: 4:22) was among those who took note of the partnership.

Elsewhere, the nation’s talking heads were all over the Tokyo 2020 Paralympics after Egypt’s powerlifters snagged six medals at the weekend’s games, including four silver and two bronze. Sada El Balad’s Ahmed Moussa went with literal applause (watch, runtime: 2:19), while Al Hayah TV’s Lobna Assal lauded Fatma Omar’s victory in claiming silver in the women’s 67kg (watch, runtime: 7:10). We have the details in What We’re Tracking Today, above.

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