SEOUL, Aug. 25 (Korea Bizwire) — South Korea has won a 3 trillion won (US$2.25 billion) deal to build a nuclear power plant in Egypt, delivering a boost to the languishing nuclear power industry at home, a presidential official said Thursday. Under the deal, which was signed in Cairo the same day, South Korea’s state-run [...]
SEOUL, Aug. 25 (Korea Bizwire) — Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Thursday it has received a 755.7 billion-won (US$560 million) order for subway train cars in Egypt. Under the deal signed with Egypt’s National Authority for Tunnels (NAT), Hyundai Rotem will supply subway train cars for the [...]
SEOUL, Feb. 1 (Korea Bizwire) — South Korea on Tuesday signed a contract to sell K9 self-propelled howitzers to Egypt in a deal worth over 2 trillion won (US$1.65 billion), Seoul’s arms procurement agency said, marking the artillery system’s first entry into the African market. Hanwha Defense, the South Korean manufacturer, and Egypt’s defense ministry [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea said Sunday it has signed a deal with Egypt to dismantle and restore the gateway of an ancient temple in the Egyptian city of Luxor. South Korea plans to begin restoring the pylon and refurbish the access road of the Ramesseum, a mortuary temple of Pharaoh Ramses [...]
SEOUL, June 11 (Korea Bizwire) — The Korean Wave and Korean language-related programs and festivities are slowly making a comeback overseas following the coronavirus outbreak. The Korea Cultural Center in Cairo held the 2021 King Sejong Institute Korean Speech and Writing Competition on Wednesday. It is the first Korean cultural event to be held in [...]
Egypt, Oct. 7 (Korea Bizwire) — Egypt, the gateway to key markets in the Middle East and Africa, is scheduled to host two major international trade fairs in December that will set numerous business opportunities in motion and establish new international trade connections. Food Africa, the 5th International Trade Exhibition for Food & Beverages, returns to [...]
SEOUL, Feb. 6 (Korea Bizwire) – Hyundai Rotem announced Monday that it had finalized a contract with Egypt’s National Authority for Tunnels to supply subway cars for Cairo’s Metro Line 3, marking the biggest order for the company since its foray into the African market. As per the terms of the 433-billion-won ($380 million) deal, [...]
CAIRO, Oct. 27 (Korea Bizwire) – The opening ceremony of a Korean language major has taken place in a local university in the southern Egyptian city of Aswan. The event was held at Aswan University on Wednesday, with some 150 students, parents, Korean officials and university staff in attendance, said the Korea International Cooperation Agency [...]