Egypt’s ready-made garment exports jump 17% to $2.27bn in 10M 2024
Exports of Egyptian ready-made garments surged to $2.27bn from January to October 2024, a 17% increase compared to $1.94bn during the same period in 2023, according to Fadil Marzouk, Chairperson of the Apparel Export Council of Egypt. Marzouk attributed this
Zero DRS/X review and road trip: Australia’s only dual sport all electric motorcycle
If you are looking for a dual sport all electric motorcycle in Australia, nothing beats the Zero DSR/X, because it’s the only one! But it is fast,
Israeli military actions in Gaza continue amid ceasefire talks
As the Gaza conflict enters its 444th day, reports indicate notable progress in ceasefire negotiations. Israeli media reported on Monday that an Israeli delegation, led by a senior Mossad official, has made headway in discussions about a truce and prisoner
Madinet Masr unveils SAFE for fractional ownership, offering secure, seamless investment returns
Egypt’s real estate developer Madinet Masr has launched SAFE, an innovative application developed by Madinet Masr Innovation Labs. This app is set to revolutionize real estate investment by introducing a transformative approach to fractional ownership, enabling multiple stakeholders to own
Mining firm Fortescue orders $400 million worth of electric mining equipment from China’s XCMG
Australian mining company Fortescue has placed a $400-million order with Chinese heavy equipment maker XCMG (Xuzhou Construction Machinery Group). The sale, which includes over 100 pieces of electric equipment,
Egyptian Society of Real-Estate Appraisers to Hold International Conference in Cairo
The Egyptian Society of Real-Estate Appraisers (ESREA) will hold its second international conference on 18 January 2025, at the Semiramis Intercontinental Hotel in Cairo. The conference, titled “The Real Estate Appraisal Industry and its Role in Supporting the National Economy,”
TMG sales exceed $10bn in 2024 solidifying regional real estate leadership
Talaat Moustafa Holding Group (TMG) has reported record sales for 2024, exceeding EGP 0.5trn, or approximately $10bn, by December 22. This figure marks a significant milestone for the company, solidifying its position as a leading real estate developer in Egypt
This Tesla Plaid-Powered Cobra Is Absurdly Quick
With over 1,000 horsepower, all-wheel drive and about 1,450 fewer pounds to lug around, this thing is a rocket.
Deputy PM launches executive plan for ‘One Health’
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, officially launched the National Executive Plan for One Health (2024-2027) on Sunday, alongside the Strategic Framework for Health Adaptation to Climate Change (2024-2030). Abdel Ghaffar stated
ERC completes debt restructuring, pays $315m to senior, subordinated lenders
The Egyptian Refining Company (ERC) has concluded its Senior and Subordinated Debt Restructuring, marking a significant milestone in its financial strategy. As part of the agreement, ERC made payments totaling $315 million, which included $33.3m in fees and default interest