Egypt’s external debt surges 307% as GNI climbs 69%: World Bank
Egypt’s external debt skyrocketed by 307%, while its Gross National Income (GNI) rose by 69%, according to the World Bank’s International Debt Report 2023. Among Low- and Middle-Income Countries (LMICs), Egypt recorded a $17.4bn short-term debt inflow in 2022, representing
Advancing total-cost-of-ownership parity of electric heavy-duty long-distance trucking (Webinar)
Electric long-distance heavy-duty trucking is uneconomical compared to diesel trucks in terms of total cost of ownership (TCO), measured in $/mile. TCO parity is expected to be quite far
CBE joins Pan-African Payment and Settlement System
As part of Egypt’s efforts to deepen economic collaboration with African nations, the Central Bank of Egypt (CBE) has joined the Pan-African Payment and Settlement System (PAPSS). Developed by the African Export-Import Bank (Afreximbank), PAPSS streamlines cross-border payments and trade
Death toll from Israeli aggression in Gaza reaches 44,502
The Ministry of Health in Gaza has reported two mass killings of civilians in the past 24 hours, leaving 36 dead and 96 injured. These latest attacks bring the death toll from Israeli aggression to 44,502, with 105,454 injured, since
Tesla Won’t Sell You A V2L Adapter, But These Companies Will
Tesla couldn't be bothered by adding V2L to its cars, so companies are taking it into their own hands.
Egypt hosts key satellite session of African Conference on Precision Agriculture
The African Conference on Precision Agriculture (AfCPA), a transformative event aimed at driving agricultural innovation across the continent, has launched simultaneously in 10 African nations, with Egypt taking a prominent role as one of the satellite hosts. The Egyptian session,
ETA launches permanent Advance Ruling Unit to enhance transparency, support investors
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), has announced the establishment of a permanent Advance Ruling Unit, marking a significant step in the Ministry of Finance’s efforts to promote transparency and facilitate taxpayer and investor support. This
Judge shuts down Tesla’s attempt to reinstate Elon Musk’s giant CEO pay package
The judge ruling over Elon Musk’s ~$55 billion CEO pay package, which some Tesla shareholders claimed was obtained without following proper governance rules, has decided to reject Tesla’s attempt to reinstate it with a shareholder vote.
Delaware Supreme
Al-Sisi receives high-level delegation from DR Congo
Egyptian President Abdel Fattah Al-Sisi met on Monday with Kombo Mondongo Bula, special advisor to the President of the Congo, and Jacques Tshisekedi, internal security advisor to the President of the Democratic Republic of the Congo (DRC). The meeting also
Madbouly reviews Egypt’s wheat procurement strategy
Egypt’s Prime Minister Mostafa Madbouly chaired a meeting Monday to review the country’s wheat procurement strategy. The meeting, attended by key ministers and agency heads, focused on ensuring sufficient wheat supplies to meet the needs of Egypt’s growing population. Attendees