MSCI Egypt: Removal of special treatment, May 2024 QCIR preview update – Dailynewsegypt
MSCI has announced that, starting from the May 2024 Index Review, the special treatment previously applied to the MSCI Egypt Indexes, as announced on 8 May 2023, will be discontinued. This decision comes after considering market participant feedback, which indicates
Daimler Truck just debuted an autonomous electric semi-truck
Daimler Truck North America has just debuted a demonstrator electric semi-truck with autonomous driving technology.
Egypt’s President emphasises food security in meeting on agricultural development – Dailynewsegypt
Egypt’s President Abdel Fattah Al-Sisi on Wednesday met with Prime Minister Mostafa Madbouly and other high-ranking officials to review ongoing efforts focused on Egypt’s key agricultural projects. The discussions centred on providing necessary utilities and services for initiatives in the
Egypt shrinks budget deficit to 6%, improves debt-to-GDP to 95.8% in FY 2023 – Dailynewsegypt
Egypt’s budget deficit narrowed to 6% of gross domestic product in the fiscal year (FY) that ended in June 2023, Finance Minister Mohamed Maait said. The debt-to-GDP ratio also improved, falling to 95.8% in 2023 from 103% in June 2016.
Alexander Battery Technologies commissions EV Flex laser welder – Charged EVs
Manufacturing firm Alexander Battery Technologies has commissioned an IPG Photonics EV Flex advanced laser welding machine at its UK facility. The equipment enables the company to produce large custom
Trade Minister, Building Materials Chamber forge development path for Shaq El-Thu’ban region – Dailynewsegypt
In a strategic move to develop the Shaq Al-Thu’ban area, Minister of Trade and Industry Ahmed Samir convened with Sayed Abaza, Vice President of the Chamber of Building Materials Industries, and Yasser Rashid, Head of the Quarries and Mines Division.
Jordan’s PM arrives in Cairo for Egyptian-Jordanian Joint Higher Committee – Dailynewsegypt
Egyptian Prime Minister Mostafa Madbouly welcomed Jordanian Prime Minister Bisher Khasawneh at Cairo International Airport on Wednesday. Khasawneh will lead the 32nd session of the Egyptian-Jordanian Joint Higher Committee, scheduled to convene on Thursday. The two sides expressed their strong
‘City of Superchargers’: Shenzhen’s Charging Network Surpasses Gas Stations
China keeps hitting back-to-back home runs when it comes to electric vehicles and charging infrastructure. Fresh news out of Shenzen, China’s third largest city by urban population after Shanghai and Beijing, states that the number of ultra-fast DC
Mystery Group Claims Murder of Businessman With Alleged Israeli Ties – Dailynewsegypt
A previously unknown militant group has claimed responsibility for the killing of a businessman in Alexandria, raising concerns about escalating violence linked to the Israeli-Palestinian conflict. The victim, who held citizenship in Israel, Ukraine, and Canada, was shot dead in
Global mobile banking malware surges 32% in 2023: Kaspersky – Dailynewsegypt
Global mobile banking malware attacks increased by 32% in 2023, highlighting growing threats to digital financial assets, according to Kaspersky’s annual Financial Threats Report for 2023. Android users saw the largest increase in mobile banking Trojan attacks, a 32% surge