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GEM has great potential to boost tourism in Egypt: Japanese ambassador

Japanese Ambassador to Egypt Takehiro Kagawa said that the Grand Egyptian Museum (GEM) has a great potential to boost tourism in Egypt, expecting that the GEM will play an active role in promoting Egyptian tourism with its business-oriented planning to attract more people from all over the world. According to the International Monetary Fund (IMF)’s third review staff report, Egypt’s tourism …

Daily News Egypt

13.9% increase in value of Egyptian imports from East Asian countries in 2015

The Central Agency for Public Mobilization and Statistics (CAPMAS) recently issued its annual bulletin of trade exchange between Egypt and East Asian countries for 2015, including export and import statistics from Malaysia, China, India, Japan, Indonesia, Pakistan and South Korea The total value of imports from East Asian countries reached EGP 151.6bn in 2015 versus …

Hossam Mounir

Aikido alive and thriving in Egypt

The Heliopolis Sporting Club (HSC) celebrated “Aikido Day” last week, featuring demonstration bouts by skilled Egyptian practitioners. HSC celebrates Aikido day every month, and invites other practitioners from different clubs to promote the martial art. Aikido is a modern Japanese martial art that utilises and redirects an opponent’s momentum. In attendance were several members of …

Maya Nawar

International Cooperation Ministry signs $396m funding agreement with Japan to develop electricity sector

  International Cooperation Minister Sahar Nasr and Japan’s ambassador to Egypt Takehiro Kagawa signed a $396m funding agreement for the electricity sector rehabilitation project. Egyptian Electricity Holding Company chairperson Gaber Desouky, representing Egypt, and Teruyuki Ito, the chief representative of the JICA Egypt office, signed the executive agreement for the project. Nasr said that the …

Daily News Egypt

$460m loan from Japan to finance construction of Grand Egyptian Museum

Minister of International Cooperation Sahar Nasr and Japanese ambassador to Egypt Takehiro Kagawa signed on Monday a $460m loan to finance the second phase of the Grand Egyptian Museum. Minister of Antiquities Khaled El-Anany also signed the loan agreement for the project with Teruyuki Ito, chief representative of the Japan International Cooperation Agency (JICA). Nasr …

Hisham Salah

China and Japan take a trip to Cuba

In the next few days, the prime ministers of Japan and China will visit Havana to talk about trade and investment. The two countries hope to gain a foothold in a market that is still off- limits to US companies.

Deutsche Welle