Annual urban inflation rises to 26.4% in September
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the annual urban inflation rose to 26.4% in September 2024, compared to 26.2% in August. In a statement released on Wednesday, CAPMAS reported that the monthly urban inflation remained
Cabinet approves governance measures for vehicle import system for disabled drivers
Prime Minister Mostafa Madbouly approved a draft decision to amend provisions of the executive regulation of the Law on the Rights of Persons with Disabilities, during a cabinet meeting on Wednesday. The amendment, issued under Prime Ministerial Decree No. 2733/2018,
ENNOVI launches cell contacting system for pouch batteries
Following the introduction of its prismatic and cylindrical battery cell contacting systems, e-mobility technology provider ENNOVI is adding the ENNOVI-CellConnect-Pouch to its offering. The new cell contacting system is
Al-Mashat calls for expanding just financing for developing countries
Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, has called for expanding just financing for developing countries to help with their development and climate change efforts. This came as she participated as a keynote speaker in the
Egypt denies Hemedti claims over involvement in Sudan airstrikes
The Egyptian Ministry of Foreign Affairs has vehemently denied allegations made by Mohamed Hamdan Dagalo, known as Hemedti, leader of Sudan’s Rapid Support Forces (RSF) militia, that Egypt is involved in airstrikes against the group. In a statement, the Egyptian
Tesla Robotaxi Event: How To Watch It Live
The show starts on October 10 at 10 p.m. Eastern. Grab your popcorn, this is going to be interesting.
Egypt’s FM meets with African ambassadors, pledges to champion Africa’s interests
Egypt’s Foreign Minister and Minister of Immigration, Badr Abdelatty, met with African ambassadors accredited to Cairo on Wednesday in a series of meetings he holds with foreign diplomats. During the meeting, Minister Abdelatty stressed the high priority Egypt
Suez Canal Bank, Raya Information Technology sign EGP 1.2bn protocol to support expansion plans
Suez Canal Bank has signed a cooperation protocol with Raya Information Technology, a subsidiary of Raya Holding for Financial Investments, under which Raya Information Technology will receive credit facilities amounting to EGP 1.2bn. This cooperation comes as part of Suez
Rivian (RIVN) takes a big step toward restarting Georgia EV plant construction for R2
Rivian (RIVN) is moving closer to restarting construction at its $5 billion EV plant in Georgia after pausing it months ago. The company recently took a significant step by applying for a federal loan to get its
EMEA integrated utilities maintain stable ratings despite rising capex: Fitch Ratings
Most integrated utility companies in emerging markets (EM) in the Europe, Middle East, and Africa (EMEA) region have stable credit ratings despite Fitch Ratings’ expectation of increased capital expenditure (capex) in the coming years. In a press statement Fitch said