QatarEnergy acquires stake in 2 Egyptian offshore gas exploration blocks – Dailynewsegypt
QatarEnergy announced on Sunday its acquisition of a 40% participating interest in two offshore gas exploration blocks off Egypt’s northern coast. The deal, made with ExxonMobil, gives QatarEnergy stakes in the Cairo and Masry concessions, while ExxonMobil retains a 60% interest and remains
Private sector investments reach 40% of total: Egypt’s Planning Minister – Dailynewsegypt
Egypt’s private sector investment share has risen to 40% in the current fiscal year, and the government aims to increase this to 50% in the next fiscal year, according to Planning and Economic Development Minister Hala El Said. This was
Empowering Egypt’s economy: IFC, World Bank spearhead private sector growth, development initiatives – Dailynewsegypt
During the “IFC Day in Egypt” conference, Minister of Trade and Industry Ahmed Samir joined a host of ministers, senior officials, and Egypt’s business community leaders. The IFC, a World Bank Group affiliate, organized this event to enhance collaboration and
Egypt expresses solidarity with South Africa’s legal action against Israel at ICJ – Dailynewsegypt
Egypt has declared its support for South Africa’s legal action against Israel at the International Court of Justice (ICJ), which seeks to address alleged violations by Israel of the Genocide Convention in the Gaza Strip. The Egyptian Foreign Ministry released
Shoukry affirms mechanisms in place for Egyptian-Israeli treaty compliance – Dailynewsegypt
Slovenian Foreign Minister denounces Israel’s starvation tactics in Gaza
Anker Introduces Modular Whole-Home Battery System – CleanTechnica
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Years ago, Anker made a name for itself in the United States selling small consumer battery devices like phone power banks, laptop batteries, and chargers.
Banque du Caire secures $100m financing deal with IFC – Dailynewsegypt
In a move that strengthens the enduring partnership between Egypt and the International Finance Corporation (IFC), a significant financing agreement was endorsed. Rania Al-Mashat, Egypt’s Minister of International Cooperation and the country’s representative at the World Bank, presided over the
Al-Sisi inaugurates restored Sayyida Zainab Mosque, reveals plan to develop historic mosques – Dailynewsegypt
Egypt’s President Abdel Fattah Al-Sisi inaugurated the Sayyida Zainab Mosque on Sunday following its restoration and rehabilitation. The ceremony was attended by several political leaders and religious figures, including Sultan Mufaddal Saifuddin of the Dawoodi Bohra community in India. During
10 ways Velotric’s electric bikes are built differently: Deep-dive on the Discover 2
Velotric’s electric bikes stand out from all the other electric bike makers for more than just their eye-catching colors. Underneath that paint you’ll find a number of major differences. Everything from component
Government committed to expanding private sector participation in economy: Egypt’s PM – Dailynewsegypt
Egypt not implementing asset monetisation programme due to need for hard currency, but to reform the economy, says IFC VP for Africa