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Turkey plans to establish global industrial city in Egypt by 2019

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Egypt biz

Despite the political differences between the two countries, Turkey is planning to establish international industrial city in Egypt by 2019 with a huge investment, according to media statements from the head of the Turkish-Egyptian businessmen association Attila Atasfin.

“We have requested a million meters from the Egyptian Industrial Development Authority, who welcomed the idea and asked to develop it and increase the area,” he said.

Russia Today quoted Atasfin saying that the Turkish-Egyptian businessmen association received many requests from businessmen for partnership in the planned city, noting that the investor will have about 500 meters to start.

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22 businessmen founded the Egyptian-Turkish Businessmen Association in 2003, which currently includes more than 800 members, 90 of which are Turkish and the rest Egyptians. Both nations are running companies with a total investment of about $8 billion

“The Egyptian government offers facilities to investors because they have the awareness that the future is in industrialization and that economic problems are inevitable except by developing industry as the way to prosper the country,” Atasfin told newsmen.

Egypt’s political relations with Turkey have been strained following the ouster of former President Mohamed Morsi.

Turkey harbors several figures from the Egyptian designated Muslim Brotherhood group and has openly criticized Egypt’s court rulings against Brotherhood members.

Despite this, Egyptian exports to Turkey grew by 38 percent in 2017 compared to 2016, according to a report released by the Egyptian Commercial Representation Office in Istanbul.

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Motherland News

Court ruling that upheld Tshisekedi’s election restores Internet in DR Congo.

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Internet was restored across the DRC on Sunday after the Constitutional Court’s affirmation of Felix Tshisekedi as president-elect.

The service was cut twenty days ago with the government defending the move as part of efforts to preserve national security. It was to avert the publication of unofficial results of the December 30, 2018 polls.



An RFI journalist covering the country also reported that the French broadcaster’s signal had been restored in the capital, Kinshasa after it was disrupted about three weeks ago without an official explanation.

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Meanwhile reports indicate that Tuesday January 22 has been slated as the day of investiture of the new president. Tshisekedi will take over from Joseph Kabila who has been president for the past 18 years.

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There are largely three possible outcomes according to legal experts seized with the issue. An affirmation, an annulment or a call for rerun of the polls.

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Entertainment

Nigeria: Hip Hop star Harrysong reconciles with E-money, Kcee

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Popular Nigerian singer, Harrison Tare Okiri also known as Harrysong has finally reconciled with his former label mate, Kcee, and boss, E-money.




Harrysong who declared that he will never bite the finger that fed him, wrote on Instagram, “I had a great time at my listening party yesterday and it gave me time to reflect as I watched my young bro Skiibii perform his hit song Sensima

The ‘Under the duvet’ crooner said he had to make peace with himself by resolving issues with those who made impact in his life.

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“Making peace with yourself begins with your ability to face your truth.

“My journey will never be complete without Kcee and Emoney you were part of the vessels that God used to change my story.

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“I appreciate you both, I was hurt and reacted at the time but regardless of what happened, I recognise the impact you made in my life.

“Never bite the finger that fed you my people…let love lead.” he concluded.

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