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Establishing Russian Industrial Zone in Egypt comes into force

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CAIRO – 1 February 2019: President Abdel Fatah Al Sisi issued decree No. 420 of 2018 approving an agreement between the governments of Egypt and Russia concerning the establishment and operation of the Russian Industrial Zone in the Suez Canal Economic Zone in Egypt, which was signed in Moscow on May 23, 2018.

The decree was published in the official gazette Al-Waqa’i’ al-Misriyya on Jan. 23, 2019. As per the Egyptian constitution, any presidential decree shall be published in the official gazette to come into force.

Since February 2015, Egypt and Russia have been negotiating $7 billion worth of Russian investments in the Russian Industrial Zone (RIZ) project in the East Port Said region.

RIZ would be established on an area of 5.25 million square meters and will be built over three phases, according to a statement issued by the Suez Canal Economic Zone.

The project will be conducted on three phases, the first phase involves 1 million square meters, will be carried out by a Russian developer who will also work on attracting Russian investors and companies throughout 2018 and 2019. This phase will create 7,300 jobs in the construction field.

The second phase will develop 1.6 million square meters and will be finished by 2022, creating 10,000 jobs, while the third phase will develop 2.65 million square meters and generate 17,000 jobs.

The three phases are expected to be finished by 2031, when Russian companies will start operations, providing some 35,000 direct and indirect jobs, the statement said.

It's Just me, Akram Moftah typical cancer radio announcer crazy about cinema, photography, videography, soccer, Radio, internet, marketing, cars.

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Pyramids Marathon: A Race through Egypt’s ancient history

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Thousands of runners are now getting ready for the Pyramids Marathon, an iconic event that invited runners from around the world to participate in the race held in Egypt’s greatest landmark, the Pyramids.

Participants range from all ages and nationalities, to complete the course of 10K, 21K or the 42K!

The Pyramids Marathon is organized by the TriFactory, an Egyptian sports management company, that specializes in mass participation sports events just like this one.

Good news is, for those who missed the chance of participating and want to witness the event, a live tracking system is available on their website. So make sure to follow your friends and family complete this run through Egypt’s ancient history!

https://www.pyramidsmarathon.com/livetracking?fbclid=IwAR0o1vUFOqGIePeG49FOkn1syCr4QAPQJ35WpKYYSqlClWETjt_wZ_l3amg

Minister of Tourism Rania Al-Mashat is of course apparent in the picture and is taking part of the race; she explains how this event will help in maintaining a good image for our nation on a global scale.

We can’t wait to see the results of this race, and the participants’ feelings about taking part of such an incredible event.

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Crowds brave snow to see UK royals Meghan and Harry

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BRISTOL, England – 1 February 2019: Prince Harry and his wife Meghan thanked crowds of well-wishers for braving wintry conditions to welcome them on a trip to southwest England on Friday.

“I hope everyone gets a nice cup of tea after this,” Meghan said as she and her husband chatted to those who had waited in the cold to see them as snow fell.

Harry and Meghan, a former actress who is expecting their first child this Spring, were in Bristol where they visited the city’s Old Vic, built in 1766 and the oldest continuously working theatre in the English-speaking world.

Later, they were due to visit Empire Fighting Chance, a charity which seeks to use boxing to try to help young people, who are failing at school or at risk of drifting into unemployment or crime, turn their lives around

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Egypt opens new international airport in Giza for trial flights

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CAIRO (Reuters) – Egypt opened a new international airport on the outskirts of the capital on Saturday for an initial trial period, in a bid to ease pressure from Cairo’s main airport and help boost tourism.

The Sphinx International Airport, located near the Giza Pyramids and the new Grand Egyptian Museum, is expected to operate 30 flights by early February during its trial run.

The $17 million project comes as part of the Tourism Ministry’s plan to improve accessibility to historical sites from resort areas on the Red sea like Sharm el Sheikh and Hurghada. It will fully open in 2020.

The bombing of a Russian airliner shortly after it took off from Sharm el Sheikh in 2015 hit tourism numbers hard, continuing a downward trend that started with the years of turmoil following the “Arab Spring” protests of 2011.

Tourism revenues had begun to rebound, jumping 77 percent year-on-year in the first half of 2018 to $4.8 billion, before a deadly attack on a bus in December killed three Vietnamese tourists and their Egyptian guide.

The bus attack was the first deadly attack against foreign tourists in Egypt for over a year.

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