Day: September 20, 2022

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Egyptian, French forces conclude joint naval exercise “Cleopatra 2022”

Egyptian and French naval forces on Tuesday 20/9/2022 concluded the joint maritime training “Cleopatra 2022”, in the French territorial waters.

The joint naval exercise included holding several theoretical lectures and training the participating forces to conduct naval reconnaissance operations, intercept hostile targets and combat atypical threats, as well as search suspected ships.

It also involved training on carrying out various sailing formations, and sharing aircraft on the deck of Egyptian and French naval units.

Speaking at the conclusion of the training, Commander of the Egyptian Naval Forces Rear Admiral Ashraf Ibrahim Atwa said the Armed Forces’ General Command is keen on fostering military cooperation with France.

On his part, Admiral Pierre Vandier, Chief of Staff of the French Navy, stressed the continuation of cooperation between French and Egyptian naval forces, with a view to strengthening regional security and stability.

The several days’ training falls within the framework of the Egyptian Armed Forces training plan with friendly and sisterly countries, to enhance the prospects of military cooperation, raise the combat efficiency of Egyptian forces and achieve security in the region.

Source: State Information Service Egypt

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PM: Economic conf. encourages constructive dialogue bet. govt, business community

Prime Minister Mostafa Madbouli said the economic conference called for by President Abdel Fattah El Sisi provides an ideal opportunity for a constructive dialogue between the government and the business community.

Madbouli’s remarks came during a meeting that he held on Tuesday 20/9/2022 with Planning and Economic Development Minister Hala el Saeed and Finance Minister Mohamed Maait, as well as other officials to follow up on preparations for holding the proposed economic conference.

The premier added he continues periodic meetings with the bodies concerned with organizing the conference to outline the topics to be raised at the event.

He stated that the conference aims to review the State’s efforts to deal with the current challenges, in addition to hearing the opinions of experts and specialists, in order to reach an economic roadmap and come up with effective recommendations on how to address various economic issues.

Source: State Information Service Egypt

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Transport minister tours InnoTrans Berlin trade fair

Minister of Transport Kamel el Wazir has visited the InnoTrans Berlin trade fair for transport technology, where he toured a number of pavilions including that of Egypt’s Orascom company and the Germany-based Siemens AG technology company.

Wazir praised the role played by Egyptian companies in implementing national projects in various fields, including the transport sector.

On the fringes of the fair, the minister held a series of meetings with the heads of companies contracted to carry out transport projects in Egypt.

Wazir met with the chairman of Siemens company to agree on the executive steps for implementing Egypt’s three-line high-speed electric railway network.

He also held meetings with officials from Caterpillar Inc’s Progress Rail, Spanish train manufacturer Talgo, Thales Group, and Spanish train maker CAF.

Source: State Information Service Egypt

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Developing Egypt’s petroleum refineries increased their production capacity: minister

Minister of Petroleum and Mineral Resources Tareq el Molla said setting and implementing a comprehensive vision for the development and modernization of Egyptian petroleum refineries have contributed to increasing their production capacity and promoting their operating efficiency, especially that most of them have been working for decades.

Molla made the remarks on Tuesday 20/9/2022 during meetings of the general assemblies of a number of petroleum refining companies to approve the business results for the 2021/2022 fiscal year.

The minister emphasized the importance of keeping pace with modernity and the global development seen in the petroleum refining industry.

He also underscored the necessity of providing petroleum products with global specifications with a view to meeting the local market needs and exporting surplus products.

Source: State Information Service Egypt

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Shoukry says Egypt eyes more renewable energy investments

Egypt eyes more investments in the renewable and clean energy sectors including solar, wind and green hydrogen energies to increase its energy investment share to reach 42 percent by 2035, Foreign Minister Sameh Shoukry has said.

Shoukry’s statements came in a meeting with members of the Business Council for International Understanding (BCIU) at the United Nations in New York, said Foreign Ministry’s spokesman Ahmed Abu Zeid on Tuesday 20/9/2022.

According to the spokesman, Shoukry shed light on relations between Egypt and the United States as the two countries celebrate this year the centennial anniversary of establishing relations between them.

He said that Egypt is the biggest trade partner for the United States in Africa and at the same time the two sides continue coordination on regional and international issues of mutual concern.

Abu Zeid added that Shoukry reviewed Egypt’s efforts to become a regional hub for energy in light of its role in launching the Mediterranean Gas Forum as well as its potentials that enable it to facilitate gas energy resources to Europe.

Abu Zeid added that Shoukry explained Egypt’s vision during its presidency of the climate change conference (COP27) as well as its efforts to promote dialogue and coordination to face the climate change effects.

Source: State Information Service Egypt

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Sinopec Releases 2021 CSR Report, Underlines Clean Energy, Sustainability and Sharing Fruits of Development with Society

BEIJING, Sept. 20, 2022 /PRNewswire/ — China Petroleum & Chemical Corporation’s (HKG: 0386, “Sinopec”) has released its 2021 Corporate Responsibility Report lately, highlighting its clean energy development with 104 of its subsidiaries recognized as Green Enterprise and an annual carbon emission reduction of 2.38 million tons.

Sinopec Releases 2021 CSR Report, Underlines Clean Energy, Sustainability and Sharing Fruits of Development with Society.

“Sinopec fulfills our responsibility as a global corporate citizen. We align with the development trend of economic globalization and China’s opening up, serving the ‘Belt and Road’ initiative and giving full play to oil and gas exploration and development, petroleum and petrochemical engineering services, chemical products, equipment and materials trade, warehousing investment and more to promote mutually beneficial cooperation with many countries and regions to serve the sustainable development of the global economy and society,” said Ma Yongsheng, President of Sinopec.

Sinopec’s steady development of clean energy is anchored in building the “No.1 hydrogen energy company in China”, its annual hydrogen production capacity has exceeded 3.5 million tons, which accounted for 14 percent of the national total. Sinopec’s Fuling shale gas field has an accumulative gas production of 45.4 billion cubic meters, and the company’s geothermal heating capacity is now more than 80 million square meters.Logo

Sinopec is also striving to become a practitioner of environmental protection, a driver of ecological civilization, and a constructor of a beautiful China with active carbon footprint research and continuous participation in carbon trading. In 2021, it has recorded 9.7 million tons in carbon trading volume with transaction value of 414 million yuan (US$ 61 million), and innovatively established the “Niukouyu Wetland “garden factory and “Egret Garden” green factory.

In supporting rural revitalization, Sinopec has offered partner assistance to promote sustainable development in eight counties and 616 villages, investing a total of 192 million yuan (US$ 28.29 million) with 940 personnel stationed in the villages.

To date, Sinopec’s Lifeline Express program has assisted over 50,000 cataract patients, while its Drivers’ Home program has established 2,178 homes for truck drivers and 3,520 “care stations”. Sinopec is also actively engaged in poverty alleviation and invested a total of 192 million yuan (US$ 28.29 million) in 2021 to support poverty-stricken areas.

For more information, please visit Sinopec.

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Jacqueline Shi: Huawei Cloud Stresses “By Local, For Local” to Drive Digital Transformation 

BANGKOK, Sept. 20, 2022 /PRNewswire/ — On September 19, HUAWEI CONNECT 2022 kicked off in Bangkok, Thailand. Jacqueline Shi, President of Huawei Cloud’s Global Marketing and Sales Service, stressed Huawei Cloud’s commitment to the goal of “By Local, For Local” in fostering a strong ecosystem for digitalization. Huawei Cloud believes that it is only when the local ecosystem grows, can digital transformation grow, and in a healthy and sustainable way.

Jacqueline Shi, President of Huawei Cloud's Global Marketing and Sales Service

Huawei Cloud continues to provide leading digital technologies for users around the world, enabling enterprises and developers to better achieve digital development. To better provide local services, Huawei Cloud continues to build one global network to deliver high-quality cloud services with consistent experience. In the Asia Pacific since 2018, Huawei Cloud has operated local nodes in Singapore and Malaysia, and is the first public cloud provider to do so in Thailand. Huawei Cloud builds 3AZ data centers in Bangkok, Chonburi, and Samut Prakan, and provides website and consulting services in Thai.

In addition, Huawei Cloud and partners build a digital industry ecosystem by all and for all. Huawei Cloud works tirelessly to build a global startup ecosystem. Multiple forms of enablement, such as cost optimization, technical support, entrepreneurship training, and business resources will empower at least 10,000 high-potential startups worldwide in the next three years, helping startups move to the cloud agilely and focus on innovation.

In the Asia Pacific alone, more than 120 enterprises have joined the Huawei Cloud Startup Program. For example, Huawei Cloud helped ReverseAds expand its business in Thailand, Singapore, and South America. Through this program, ReverseAds has received financing of more than USD20 million. “We will further promote the startup program to the world. We hope that more and more enterprises like ReverseAds can innovate and achieve win-win,” said Ms. Shi.

At HUAWEI CONNECT 2022, Huawei Cloud also released the “Go Cloud, Go Global” ecosystem plan to share Huawei’s local compliance and human resources in more than 170 countries and regions. The plan also shares Huawei Cloud’s insights into industries and the hottest domains, as well as corresponding product and solutions for more enterprises to go global.

Ms. Shi released 15 innovative services at the conference, including CCE Turbo (Cloud Container Engine), UCS (Ubiquitous Cloud Native Service), Pangu wave model, DataArts LakeFormation, Virtual Live, CodeCheck and CloudTest, KooMessage, KooSearch, and KooGallery. This is the first time the services are announced for global implementation.

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Gui’an, Guiyang has become an important high-speed rail hub in China

GUIYANG, China, Sept. 20, 2022 /PRNewswire/ —  In September 2022, the Guiyang-Nanning high-speed railway, which is scheduled to be completed and open to traffic by 2023, made significant progress and the preliminary track-laying work of all road sections were basically completed.

Gui'an, Guiyang city, 2021

The Guiyang-Nanning high-speed railway is an important part of the main channel of China’s “eight vertical and eight horizontal” high-speed railway from Baotou city (Inner Mongolia Autonomous Region) to Haikou City (Hainan Province), with a design speed of 350 kilometers per hour. After the whole line is completed and opened to traffic, it will connect with Shanghai-Kunming, Chengdu-Guiyang high-speed railways, and become a convenient and fast main passenger transport channel from Sichuan, Chongqing, Guizhou and even Northwest China to Nanning, Beibu Gulf, western Guangdong and Hainan, according to the Publicity Department of the CPC Guiyang Municipal Committee.

Since 2012, Guizhou has put traffic first. 1,609 kilometers of high-speed railways had been completed in Guizhou province by the end of 2021. Gui’an to Guangzhou, Changsha, Kunming, Chongqing, Chengdu and other cities have achieved direct high-speed rail connectivity, basically realizing high-speed rail connectivity with surrounding provincial capitals. Guizhou has gradually formed a railway transportation network with Gui’an as the center.

The geographical location advantage of an important land transportation hub in southwest Guizhou has been increasingly prominent, Gui’an has become an important high-speed railway hub in China.

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Caption: Gui’an, Guiyang city, 2021

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