UAE’s Electra Investment Holding offers to buy 24.5% stake in Egypt’s Elsewedy Electric – Dailynewsegypt
Egypt’s Financial Regulatory Authority (FRA) announced on Sunday that Emirati firm Electra Investment Holding has submitted an offer to acquire a 24.5% stake in Elsewedy Electric, the Arab world’s largest listed cable manufacturer, at $1.05 per share. The FRA is
Amazon adds Volvo electric drayage trucks to its EV fleet – Charged EVs
Amazon’s electric delivery trucks, which the retail giant developed in cooperation with Rivian, are becoming common sights in many parts of the US. Now the company is adding fifty
CEC forecasts increased investment in chemicals, fertilisers in upcoming period – Dailynewsegypt
Khaled Abu Al-Makarem, Chairperson of the Chemical and Fertilisers Export Council (CEC), has affirmed a surge in investment across various industrial sectors shortly. This positive outlook is driven by recent governmental initiatives aimed at bolstering industry and exports. During his
Sudan aid talks stall as army, SPLM-N clash over scope – Dailynewsegypt
Sudan Liberation Forces Alliance ousts leader over alleged RSF support
Used Tesla Cybertruck Markups Plummet As Hype Cycle Cools Down
There is always a group of influencers, celebrities, and upper-class attention chasers who will do whatever it takes to become one of the first owners of a trendy new ride. For the past several months, that vehicle has been the Tesla
20 Israeli soldiers killed in resistance operations: Hamas spokesperson – Dailynewsegypt
The Al-Qassam Brigades, the military wing of the Islamic Resistance Movement (Hamas), announced on Saturday that it successfully lured an Israeli force and detonated a bomb, resulting in the deaths of five soldiers and injuries to others. The incident occurred
Health Minister emphasises state’s commitment to developing nursing sector – Dailynewsegypt
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, underscored the state’s dedication to creating a comprehensive strategy for advancing the nursing sector. This commitment extends to supporting and training medical personnel, ensuring their seamless integration with the state’s healthcare
Egypt allocates EGP 9.7bn to Suez governorate for development projects in FY 2023/24 – Dailynewsegypt
Egypt has allocated EGP 9.7bn in public investments to the Suez Governorate for the fiscal year 2023/24, according to Minister of Planning and Economic Development Hala El-Said. The investments will fund 189 development projects across various sectors, including petroleum, transportation,
UN agrees to support handling of aid from US-built pier off Gaza – Dailynewsegypt
Hamas says no alternative to opening land crossings for aid delivery
Egypt refutes Israeli media reports of withdrawing from SA’s lawsuit against Israel at ICJ – Dailynewsegypt
Egypt has denied Israeli media reports that it has withdrawn from joining South Africa in a lawsuit against Israel at the International Court of Justice (ICJ). A high-level source confirmed to Daily News Egypt on Saturday that Egypt remains “determined to take the necessary