CAIRO & SEOUL, Nov. 20 (Korea Bizwire) – President Lee Jae-myung, on a state visit to Egypt, appealed Thursday for deeper cooperation between Seoul and Cairo, invoking what he described as striking historical parallels in the two nations’ struggles for peace and independence. In a keynote address at Cairo University, Lee said that although South Korea [...]
SEOUL, April 25 (Korea Bizwire) — Egyptian Foreign Minister Badr Abdelatty has contributed the following article to Yonhap News Agency, commemorating the 30th anniversary of diplomatic relations between South Korea and Egypt. In the piece, Abdelatty highlighted the enduring bilateral ties forged over the past three decades, underscoring cooperation in regional stability, economic development and [...]
SEOUL, March 25 (Korea Bizwire) — South Korea’s efforts to localize its industries in Egypt, such as defense manufacturing and infrastructure, will help further strengthen cooperation between the two countries, the top Egyptian envoy to Seoul has said. Egyptian Ambassador to South Korea Khaled Abdel Rahman made the remarks, emphasizing that his country’s initiatives in [...]
SEOUL, Dec. 27 (Korea Bizwire) — Hanwha Systems Co. said Friday it will export arms control systems for the K11 fire command armored vehicle and the upgraded K9A1 self-propelled howitzer to Egypt. Hanwha Systems said it will supply the fire command system for 51 K11 units and the fire control system for 216 K9A1 units, [...]
WASHINGTON, Apr. 8 (Korea Bizwire) — In a significant and urgent appeal, The McWhorter Foundation, under the guidance of its Chairman, C.K. McWhorter, American businessman & philanthropist, is calling upon the United States of America for immediate protective intervention. This plea is directed towards safeguarding invaluable cultural heritage sites and artifacts in the region near [...]
SEOUL, Nov. 23 (Korea Bizwire) – The launch event for KG Mobility’s Torres took place in the Giza district of Cairo on Monday, against the iconic backdrop of the pyramids. The gathering drew over 500 attendees, comprising local media, influencers, and dealers. Ahmed Abou Khouf, chairman of Arabiat Egypt, a local dealer, expressed his enthusiasm, stating, [...]
LONDON, July 6 (Korea Bizwire) – Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that it signed a contract with the Government of Egypt to implement a Smart Government Security Convergence solution. The contract, worth more than $270 million over three years, represents the [...]
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 [...]