Egypt, Sweden explore enhanced cooperation on green transition, climate action
Egypt’s Minister of Environment, Yasmine Fouad, met with Swedish Ambassador to Cairo, Dag Juhlin-Dannfelt, to explore opportunities for strengthening bilateral cooperation on green transition efforts and climate change mitigation. The meeting was attended by Raouf Saad, Advisor to the Minister
29 French companies explore industrial, transport investment opportunities in Egypt
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with representatives of 29 leading French companies and institutions to explore new investment opportunities in Egypt. The companies operate across a broad spectrum of sectors,
AM Batteries and TDK partner to optimize dry battery electrode manufacturing
AM Batteries, which is developing dry battery electrode technology, has entered a joint development agreement with Japanese electronics manufacturer TDK to develop energy-efficient battery manufacturing. The partnership aims to
Communications Minister considers new French investments with MEDEF delegation
Minister of Communications and Information Technology Amr Talaat held talks with a high-level delegation from the French Employers’ Association (MEDEF International), led by Wouter Van Wersch, Executive Vice President of Airbus and head of the French business mission, to explore
Egypt’s Investment Minister discusses cooperation with leading French companies
Minister of Investment and Foreign Trade Hassan El-Khatib reaffirmed the strong and steadily growing economic relationship between Egypt and France, emphasizing that bilateral ties have deepened in recent years thanks to the political will of both countries’ leadership. El-Khatib made
This Company Made Your iPhone. Now, It Wants To Make Your EV
Electronics giant Foxconn wants to sell EVs in America. It may even partner with Nissan, Honda or Mitsubishi to pull it off.
Dollar’s rise within normal range under flexible exchange rate system: Madbouly
Prime Minister Mostafa Madbouly affirmed on Wednesday that the recent uptick in the US dollar’s value against the Egyptian pound is a normal development within currency markets and poses no cause for concern. He emphasized that Egypt adheres to a
No intervention in foreign exchange market; it operates freely: CBE’s Deputy Governor
Rami Aboul Naga, Deputy Governor of the Central Bank of Egypt (CBE), confirmed that the bank is not intervening in the foreign exchange market, stating that there is currently no benefit to such intervention. “The market is responding and correcting
EVs At 27.1% Share In Germany — VW Group Strong
March saw plugin EVs at 27.1% share in Germany, up from 18.0% year-on-year. BEV volume increased by some 35% YoY, from a low baseline, while PHEVs grew 66%. Overall auto volume was 254,497 units, down 3.5% YoY. March’s best-selling BEV
Pakistan marks 85th National Day with Cairo reception
The Pakistani embassy in Cairo hosted a reception on April 8, 2025, to commemorate Pakistan’s 85th National Day. Egypt’s Minister of Public Business Sector, Engineer Mohamed Shimi, served as chief guest. Ambassador Aamir Shouket, in his address, paid tribute to