Latest news with #Turkish-Egyptian
See - Sada Elbalad
6 days ago
- Business
- See - Sada Elbalad
Turkish Ambassador Announces Polaris Industrial Zone in Sedat City
H-Tayea Turkish Ambassador to Egypt, Salih Mutlu Şen, has reported a major new development in regional industrial cooperation, announcing that Polaris International Parks is launching a $50 million industrial zone project in Sedat City. The initiative, led by General Manager Osman Arıkan, will span 1.3 million square meters and is set to accommodate 200 factories, marking a significant step forward in strengthening Turkish-Egyptian economic ties. According to Arıkan, the new industrial zone reflects Polaris's strategic vision to foster large-scale, high-impact industrial growth in key locations across the region. With a focus on infrastructure readiness, investor attraction, and export potential, the Sedat City project is expected to become a major hub for advanced manufacturing and logistics. The project underlines the growing momentum in Turkish-Egyptian industrial collaboration, with Ambassador Şen emphasizing the importance of such ventures in expanding bilateral trade, creating employment opportunities, and supporting long-term development in both countries. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks
See - Sada Elbalad
14-07-2025
- Business
- See - Sada Elbalad
Türkiye, Egypt Explore Launch of Joint University, Deeper Education Ties
Israa Farhan Türkiye and Egypt are deepening their collaboration in the education sector, with plans underway to establish a Turkish-Egyptian University and expand academic partnerships. The announcement came from Turkish Ambassador to Cairo, Salih Mutlu Şen, following high-level discussions during the visit of the President of Türkiye's Higher Education Council to Cairo. In a post on platform X, Ambassador Şen confirmed that both sides discussed 'implementing the bilateral Memorandum of Understanding on higher education', reaching consensus on 'various cooperation models, including the establishment of a Turkish-Egyptian University.' He also noted that 'Turkish universities can open departments in Egypt and are eager to engage with cooperation proposals from Egyptian institutions.' Türkiye currently hosts over 10,000 Egyptian students across its 209 universities as part of a broader internationalization strategy. The ambassador emphasized that 'Türkiye is committed to its internationalization strategy and welcomes Egyptian students.' He added that 'Our Maarif Foundation and education-focused NGOs are open to setting up educational institutions in Egypt.' Highlighting the strategic value of education-industry linkages, Şen stated that 'Türkiye's experience underscores the need to enhance university-industry partnerships and prioritize vocational and technical education to meet development demands.' He also suggested that Turkish firms based in Egypt could partner with local authorities to create 'vocational training centers tailored to industry needs.' Şen concluded by underlining the significance of Türkiye's cooperation with Egypt, calling it 'a leading education hub in the Arab world and Africa.' His remarks were delivered during the 4th Annual Education Investment Conference in Cairo. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
See - Sada Elbalad
13-07-2025
- Business
- See - Sada Elbalad
Turkish Giant "Hayat" Expands in Egypt's SCZONE with $44M Investment
Taarek Refaat In a significant boost to Turkish-Egyptian economic ties and regional industrial integration, Hayat Egypt, a subsidiary of Turkish conglomerate Hayat Holding, has broken ground on a new production line for nonwoven hygiene products in the Ain Sokhna Integrated Industrial Zone—part of Egypt's Suez Canal Economic Zone (SCZone). The expansion, covering 30,000 square meters, represents a $44 million investment (equivalent to EGP 2.2 billion), and is expected to create over 400 direct jobs. Scheduled to become operational by March 2026, the new facility will dedicate 75% of its production to exports, underscoring Egypt's growing role as a regional manufacturing and export hub. The groundbreaking ceremony was attended by Waleid Gamal El-Dien, Chairman of SCZone; Governor of Suez Tarek El Shazly; Turkish Ambassador to Egypt Saleh Mutlu Şen; and Hayat Egypt General Manager Şenol Keserlioglu, alongside senior officials from the industrial developer Orascom Industrial Parks. According to SCZone data, 18 Turkish companies are currently operating in the zone, with combined investments reaching $793.8 million. This includes 10 companies in Ain Sokhna, investing $508 million, 8 companies in Qantara West, investing $285.8 million. These investments span textiles, garments, hygiene products, and other industrial sectors, and align with the SCZone's strategy to localize key industries, deepen value chains, and enhance export capacity. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
See - Sada Elbalad
01-06-2025
- Business
- See - Sada Elbalad
Turkish Ambassador Highlights 'Deep', 'Strong' Ties with Egypt
Nada Mustafa The Turkish Embassy in Cairo organized an event on the occasion of World Breakfast Day, featuring a rich array of traditional Turkish breakfast flavors. During the event, Turkish Ambassador to Cairo, Salih Mutlu Şen, told Egyptian journalists that two Turkish ministers are expected to visit Egypt this month. The World Breakfast Day celebration, observed annually on the first Sunday of June, was held at the Turkish Embassy in Cairo and attended by a select group of Egyptian journalists and distinguished guests. In his remarks, Şen emphasized that breakfast is a cornerstone of Turkish culture, and Turkey places great importance on promoting tourism and culinary arts. He noted that events like Turkish Cuisine Week and World Breakfast Day are organized in response to Egyptians' passion for Turkish food. The breakfast featured staple Turkish items such as cheeses, olives, jams, cucumbers, tomatoes, baguette bread, as well as hearty components like sujuk (Turkish sausage), pastrami, eggs, butter, honey, cream, yogurt, börek, and simit. Fruits, cakes, and biscuits were served as dessert after the meal. The sujuk served at the event was specially brought from Eskişehir, Ambassador Şen's hometown and one of the best-known regions in Turkey for sujuk production. Moreover, Turkish Ambassador highlighted the cultural and social value of breakfast in Turkish households, where families often enjoy breakfast together at home, in cafés, or in public parks on weekends. He also provided an overview of the recent developments in Turkish-Egyptian relations, stressing the growing depth of bilateral ties grounded in mutual love, respect, friendship, and shared interests, especially in areas such as economy and security. Furthermore, Şen mentioned that the Chief of Staff of Egypt recently visited Turkey, where he held meetings with Turkey's Minister of National Defense, the Chief of the General Staff, and various defense industry organizations. He added that the Turkish frigate TCG Gökçeada also visited the Port of Alexandria from May 27 to 29, and its commander met with the Commander of the Egyptian Navy, Admiral Ashraf Atwa. Şen also noted that two Turkish ministers are expected to visit Egypt in June, adding that Turkish Minister of Culture and Tourism, Mehmet Nuri Ersoy, visited Cairo on May 6 to attend the D-8 Tourism Ministers' Meeting and met with Egyptian Minister of Culture Dr. Ahmed Heno, marking the start of a new era in cultural cooperation. Moreover, Şen revealed that joint musical performances between the two countries are planned for this year. In this regard, he expressed admiration for Egypt's legendary singer Umm Kulthum and shared his vision for a concert celebrating her legacy. Given Egypt's declaration of 2025 as the 'Year of Umm Kulthum,' a concert featuring music by Umm Kulthum and Mohamed Abdel Wahab is scheduled to be held. Şen also congratulated Turkish-Egyptian gymnast Adem Asil, who won two gold medals in the individual all-around and rings events at the European Gymnastics Championships in Germany, describing his achievements as a source of shared pride for both nations. In addition, he spoke about his recent cordial meeting with Egypt's Minister of Youth and Sports, Ashraf Sobhi, expressing hope for an upcoming cooperation agreement between the two countries in the fields of youth and sports. On the economic front, Turkish ambassador discussed the advanced progress in restarting the Ro-Ro shipping line to boost trade cooperation between Turkey and Egypt, expressing eagerness for its resumption. He shared details of his meetings with representatives of Turkish company DeFacto, which has numerous stores in Egypt. Şen noted their confidence in Egypt's economic reform model and desire to expand their investments. Additionally, he highlighted his meeting with officials from Turkish company Penti Socks, which is investing in sock production in the 10th of Ramadan industrial zone. The company has reached the final phase of its investment, and Turkish investments in Egypt are expected to exceed $500 million this year. In conclusion, Şen announced a significant upcoming inauguration in the Suez Canal Economic Zone this month, to which he will invite key members of the press. He reaffirmed the importance of Turkish-Egyptian relations in promoting peace, stability, and development in the region, stating that both nations are making confident strides toward a promising future. Turkish Ambassador Turkish Ambassador Turkish Ambassador Turkish Ambassador Turkish Ambassador Turkish Ambassador Turkish Ambassador Turkish Ambassador Turkish Ambassador read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan
Libya Review
31-05-2025
- Business
- Libya Review
Italian Report: Libya Becomes Strategic Platform for Turkish Ambitions
Turkey is taking advantage of Libya's ongoing turmoil to strengthen its position across the southern Mediterranean, according to a new report published by the Italian Institute for International Relations (IAI). The report describes how Ankara has steadily increased its presence in Libya, using the lack of political unity and security in the country to advance its long-term regional plans. Over the past few years, Turkish influence in Libya has grown through military, political, and economic channels. This approach reflects earlier strategic thinking from former Turkish Foreign Minister Ahmet Davutoğlu, who placed Libya at the center of Turkey's regional ambitions. According to the IAI, the Libyan conflict has provided the Turkish government with an opening to reinforce its role in North Africa and secure its access to energy and maritime assets in the Mediterranean. The recent outbreak of violence in Tripoli, following the death of militia leader Abdulghani al-Kikli, gave Prime Minister Abdul Hamid Dbaiba stronger control over the capital. Several armed groups connected to the Ministry of Defense, including Brigade 444, Brigade 111, and the Joint Operations Force, tightened their grip. Many of these groups maintain strong links with Ankara. The report suggests that the removal of al-Kikli may have created a more favorable environment for Dbaiba and, by extension, for Turkey. At the same time, Turkey has adjusted its approach across Libya. While maintaining close ties with the government in Tripoli, Ankara has also opened channels in the east. Turkish representatives have visited Benghazi, and Ankara has invested in infrastructure and construction projects in areas controlled by the rival administration. The report also connects this strategy shift to the recent thaw in Turkish-Egyptian relations. Since the September 2024 meeting between Turkish President Recep Tayyip Erdoğan and President Abdel Fattah el-Sisi, both sides have spoken of working together to calm tensions in Libya and support a unified government. However, Turkey's ongoing military cooperation with Dbaiba, particularly through a defense agreement granting Turkish forces access to Libyan airspace, ports, and territory, has raised concerns in Cairo. The IAI warns that other powers, especially Egypt and Russia, may push back against Turkey's moves. Both countries remain active in eastern Libya and continue to support their allies there. Russia retains a strong military presence despite the war in Ukraine, and Egypt is still seeking to protect its influence, even after resuming talks with Ankara. The report concludes that Libya is becoming a battleground not just for local rivals, but for broader competition involving Turkey, Russia, Egypt, and the European Union, especially over migration, oil, and control of key maritime routes. Tags: EgyptItalylibyaMediterraneanTurkey
