Pyramids FC announces ownership transfer to Emirati investor

FILE - Turki Al SheikhCAIRO, 22 February 2019: Egyptian club, Pyramids FC, announced the transfer of ownership from Turki Al-Sheikh, head of the Saudi entertainment authority to the Emirati investor Salem Saeed Al Shamsi.Turki Al-Sheikh, Minister of the Saudi Entertainment Authority and owner of Pyramids Egypt Club, saluted all those who dealt with them during his stay in Egypt.Al-Sheikh saluted some figures from the Egyptian football community including: Zamalek president, Mortada Mansour, and his sons, Hossam Al-Badri, president of Pyramids, Ahmed Hassan, former Egypt's captain, Hossam Hassan and Ibrahim Hassan, former coaches of Pyramids FC, Hadi Khashba, Mohamed Al-Assi, Khaled Al-Ghandour, , Ahmad Afifi, spokesman for Pyramids, Media Ibrahim Fayek, Reza Abdel-Al, football analyst Medhat Shalabi, Hani Abu Reda, president of the Egyptian Football Association, and Mohamed Kamel, Chairman Presentation Sports company.In June, Al-Assiouty Sports Club was officially sold to a Saudi investor who changed its name to Pyramids FC. Many reports claimed that Turki Al-Sheikh, head of Saudi Arabia's General Sports Authority, is the owner of Pyramids FC.Pyramids FC made numerous signings going into the new season, as they earlier confirmed the signing of Zamalek midfielder Ahmed Tawfik, Brazilian duo Marcos da Silva Franca and Lucas Ribamar, alongside Arab Contractors’ Mohamed Farouk, Abdallah el-Said and Keno.

Source:Egypt Today

February 22, 2019 15:56 UTC


EU is the biggest investor in Arab countries

File- A view shows Mellitah oil and gas plant near Zuwarah, Libya, October 10, 2017. Picture taken October 10, 2017. REUTERS/Hani AmaraCAIRO – 22 February 2019: European Union (EU) is the biggest investor in the Arab League countries, said The Council of European Union in a statement on Friday, two days ahead of the upcoming Arab-European summit due on February 24 and 25 in Sharm El-Sheikh.Thirty-two percent of the EU countries’ oil imports comes from the Arab League states, the statement added, noting that EU natural gas imports from Arab states compromise 19 percent.“The summit will provide an opportunity for leaders to discuss how to further strengthen economic cooperation between the two sides. Leaders are expected to discuss possibilities to develop cooperation in the fields of energy, science, research, (digital) technology, tourism, fisheries and agriculture,” the statement read.The EU council also stated that the summit will tackle the socio-economic issues, amid the increasing number of populations in both regions, which compromise 12 percent of the world’s population.“With the Middle East especially experiencing strong population growth (from 1950-2000 the population already grew from 92 million to 349 million, which is a 3.8 fold increase, or 2.7% per year) the cross-regional opportunities and challenges are likely to increase,” the statement added.Trade, investment, immigration and security will be among the top priority issues to be discussed during the summit, said Ambassador of the European Union to Egypt Ivan Surkos on Wednesday.Heads of 28 European countries and leaders of 21 Arab states will participate in the summit, which will co-chaired by President Abdel Fatah al-Sisi, EU Council President Donald Tusk, and European Commission President Jean-Claude Juncker, Mohamed Imam, EU-Arab Summit media officer told Egypt Today.Egypt’s Sharm el Sheikh International Airport is on high alert in preparation for receiving the high guests and heads of Arab and European countries, said the Egyptian Ministry of Civil Aviation in statement on Thursday.

Source:Egypt Today

February 22, 2019 15:33 UTC


El Alamein is the right destination to go next Summer: SiViaggia

FILE: El Alamein TownCAIRO – 22 February 2019: SiViaggia, the Italian website web magazine published by Italiaonline dedicated to travellers, providing info and suggestions for exploring destinations around the world, said Friday that El Alamein town “is growing fast.”“Those looking for new ideas and new sea destinations to go next summer, El Alamein , in Egypt, is the right one,” SiViaggia added. “New resorts, tourist villages, hotels and even residences, big or small as they like, are coming out of nowhere on the seafront.”The magazine described El Alamein’s water to have the color of the Maldives and the fine sand beach is perfect for the summer months.“Everything is new and everything is perfect,” the article added.Moreover, SiViaggia said El Alamein is also an ideal destination for families with children.El Alamein is a town in the northern Matrouh Governorate of Egypt, l ocated on the Mediterranean Sea, it lies 106 kilometres west of Alexandria and 240 kilometres northwest of Cairo.The town has a number of military cemeteries such as the Italian and German military cemeteries on Tel el-Eisa Hill outside the town, a separate Greek cemetery, and a Commonwealth war cemetery, built and maintained by the Commonwealth War Graves Commission.“For those interested and wanting to take a break from sunbathing, you can visit the Military Museum with the relics of war, including uniforms, weapons, letters from the front and, in the yard, tanks, cannons, fighter planes and means of transport,” the website added.

Source:Egypt Today

February 22, 2019 12:11 UTC


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