Egypt’s general treasury allocates over EGP 818bn to Social Insurance Authority in 55 months – Dailynewsegypt
Finance Minister Mohamed Maait announced that following President Abdel Fattah Al-Sisi’s directives, the government has upheld its commitment to the financial resolution agreement with the National Social Insurance Authority. This is despite the budgetary constraints exacerbated by global crises and
Shell invests $10-15bn in low-carbon energy solutions from 2023-2025 – Dailynewsegypt
Shell has released its inaugural energy transition progress report following the introduction of its Powering Progress strategy in 2021. During our Capital Markets Day in June 2023, we highlighted how our strategy is designed to generate more value while producing
Al Qamzi Developments inks EGP 900m deal with Dar Al-Alamiah for Seazen project’s second phase – Dailynewsegypt
Al Qamzi Developments has forged a significant deal with Dar Alalamia Construction for the second phase of the esteemed Seazen project along the North Coast, valued at EGP 900m. This collaboration highlights Al Qamzi Developments’ strategy of partnering with leading,
Al Ahly Sabbour unveils EGP 135bn Summer, At-East projects, signaling new era in Egyptian real estate – Dailynewsegypt
Al Ahly Sabbour has announced the launch of the “Summer” project in Ras Al Hekma and “At-East” in Mostakbal City, with a combined investment of EGP 135bn. In the first quarter of 2024, Al Ahly Sabbour Developments expanded its land
Hassan Allam Properties grows presence in Mostakbal City with 279-feddan expansion – Dailynewsegypt
Hassan Allam Properties (HAP), a leading real estate developer in Egypt, has acquired a new 279-feddan land plot in MIDAR’s Mostakbal City, marking a significant expansion in one of Egypt’s fastest-growing real estate markets, particularly in East Cairo. The EGP
First drive in the Maserati Grecale Folgore SUV: Italian luxury is going all-electric and we love it
Italian luxury automaker Maserati is now entering its fourth year of its 100% electric strategy and sits on the precipice of launching its second BEV model – the Grecale Folgore SUV. I
CIB, EFG depositary receipts continue to rise on London Stock Exchange – Dailynewsegypt
The depositary receipts of CIB and EFG Holdings sustained their upward trajectory on the London Stock Exchange, marking the second consecutive week of gains. CIB’s depositary receipt climbed by 19.8%, closing last week at $1.81, while EFG’s receipt increased by
More Egyptian companies embrace technology amidst 2024 business outlook – Dailynewsegypt
34% of Egyptian companies are adopting friendshoring, similar number are dual-sourcing to mitigate increased risks
How to manufacture hairpin coil motors efficiently and flawlessly – Charged EVs
Sponsored by Zeiss. GROB is a pioneer of electromobility: The manufacturing technology and process expertise of the Bavarian family-owned company are used by more than two-thirds of all suppliers