Egyptian billionaire Naguib Sawiris vows to be at ‘forefront of investors’ in Sudan

Naguib Sawiris. (REUTERS)
Updated 19 March 2018
0

Egyptian billionaire Naguib Sawiris vows to be at ‘forefront of investors’ in Sudan

CAIRO: Egypt’s business tycoon Naguib Sawiris vowed to be at the “forefront of investors” in Sudan in a tweet on Monday during the Sudanese president’s visit to Cairo.
The prominent businessman welcomed the Sudanese President Omar Al-Bashir to Egypt and praised the step aimed at boosting bilateral ties between the “brotherly states.”
Sawiris wrote in his tweet: “Welcome your excellency Sudanese President Omar Al-Bashir in your home country Egypt, and sincere thanks to you and President Abdel Fattah El-Sisi for unifying the row and for the mutual love.”
He described the visit as a “historic step that ended the cloud of the past.”
Sawiris, one of the world’s leading investors, said: “We will be at the forefront of investors in the brotherly Sudan, God willing.”

El-Sisi received his Sudanese counterpart Omar Al-Bashir on Monday at the Cairo International Airport.
Both leaders will discuss the outstanding issues between the two countries, based on the agreement reached at the recent Addis Ababa Summit.
The one-day visit will also focus on tackling cooperation across various fields, as well as issues of joint interest, said Egyptian Presidency spokesperson Bassam Radi in a statement on Sunday.


Security tops agenda as Iraqi PM visits Egypt in first foreign trip

Updated 23 March 2019
0

Security tops agenda as Iraqi PM visits Egypt in first foreign trip

  • After meeting Egyptian President Abdel Fattah El-Sisi, Abdul Mahdi highlighted “the importance of drying up the sources of terrorism”
  • The visit to Egypt is Abdul Mahdi’s first trip abroad since taking office in October

CAIRO: Iraqi Prime Minister Adel Abdul Mahdi sought Egypt’s support for efforts to tackle extremist militants in the region during a visit to Cairo on Saturday, his first trip abroad since taking office in October.
After meeting Egyptian President Abdel Fattah El-Sisi, Abdul Mahdi highlighted “the importance of drying up the sources of terrorism” and said “cooperation between Egypt and Iraq will be essential for this matter,” according to an official statement.
His comments came as US-backed forces said they had captured Daesh’s last shred of territory in eastern Syria at Baghouz, ending its territorial rule over a self-proclaimed caliphate straddling Syria and Iraq after years of fighting.
Though the defeat ends the group’s grip over the extremist quasi-state that it declared in 2014, it remains a threat.
Some Daesh fighters still hold out in Syria’s remote central desert and in Iraqi cities they have slipped into the shadows, staging sudden shootings or kidnappings and awaiting a chance to rise again.
The United States thinks the group’s leader, Abu Bakr Al-Baghdadi, is in Iraq.
Defeating militants in Egypt’s Sinai Peninsula and restoring security after years of unrest has been a key promise of El-Sisi, the general-turned-president who came to power a year after the military overthrew Islamist President Mohammed Mursi in 2013.
Egypt has fought an insurgency waged by a Daesh affiliate in North Sinai since 2013. Hundreds of members of the security forces have been killed.