SODIC achieves record EGP 31bn in gross sales for Q3 2024
Sixth of October Development and Investment Company (SODIC) has released its consolidated financial results for the first nine months of 2024. SODIC reported robust financials with gross contracted sales reaching EGP 39.8bn, marking a 101% year-over-year increase and a
Louisville goes electric, Waymo gets $5B, Ford brings production to Michigan
Today’s episode of Quick Charge is a story of, “Thanks, Joe Biden!” as Ford and LG ink a deal to bring EV battery manufacturing back to Michigan, the city of Louisville gets the nation’s first all-electric garbage
Israel kills 41 civilian Gazans in 24hrs
The Ministry of Health in Gaza announced that the Israeli occupation army committed four massacres during the past 24 hours, resulting in 41 deaths and 113 injuries. The occupation army also targeted a civilian house in Beit Lahia, northern
Civil Aviation Minister reviews operational plans of Egyptian airports
Sameh El-Hefny, Minister of Civil Aviation, has met with the directors of Egyptian airports, in the presence of Montaser Manaa, Deputy Minister of Aviation, and Ahmed Mansour, Chairperson of the Egyptian Airports Company. According to a statement by the
Egypt, UAE discuss cooperation in water resources development
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met Mariam Khalifa Al Kaabi, UAE Ambassador to Cairo, to discuss ways to enhance cooperation in water resources development, on Tuesday. During the meeting, Sweilem stressed the importance of concerted
Toyota and BHP to trial “first-ever” battery electric Hilux double cab ute
BHP to trial a fully electric Toyota Hilux dual cab prototype ute at its Port Hedland operations.
The post Toyota and BHP to trial “first-ever” battery electric Hilux double cab
Egypt PM highlights Gulf security, private sector role at Future Investment Initiative
Egyptian Prime Minister Mostafa Madbouly emphasized the importance of Gulf security and Egypt’s commitment to private sector growth during his address at the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia. Speaking on behalf of President Abdel Fattah Al-Sisi,
GDP is an outdated way of measuring the health of the economy
The Conversation —Economics and economic policy need a rethink. This is clear from the scale of inequality, joblessness, insecurity and environmental disasters we see in the world. People feel left behind, impoverished and unvoiced. They are looking to ethno-nationalist strongmen
DOE offers $670.6 million loan to Aspen Aerogels to produce thermal barriers for EV battery safety
The Loan Programs Office at the US Department of Energy (DOE) has made a conditional commitment for a direct loan of up to $670.6 million to Aspen Aerogels Georgia
El-Khatib discusses Procter & Gamble’s projects, investment plans in Egypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, met on Tuesday with Karim Yassin, Executive Vice President and General Manager of Procter & Gamble—Egypt. Both parties reviewed the company’s current projects and investment plans in the Egyptian market and discussed