Quantum Investment BV raises stake in Edita Food Industries in EGP 1.26bn block trade
Quantum Investment BV has increased its stake in Edita Food Industries through a block trade valued at EGP 1.26bn, reinforcing investor confidence in the company and in Egypt’s capital markets. Edita Food Industries announced that Quantum Investment BV, one of
Opinion | Finland: A State That Invested in People
Europe offers more than one model worthy of attention, and Finland stands out as a particularly revealing case. It is rarely invoked as a loud country or a traditional power, but rather as a quiet example of a state that
Agriculture Minister discusses boosting bilateral cooperation with Armenia
Alaa Farouk, Minister of Agriculture and Land Reclamation, met with Gevorg Papoyan, Minister of Economy of Armenia, and his accompanying delegation to explore ways of strengthening bilateral cooperation between the two countries across a range of agricultural sectors. The meeting
Egypt discusses support for drugmakers, vaccine localisation, and biotech development
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, held an expanded meeting on Monday with representatives of relevant state bodies to discuss ways to support and empower pharmaceutical manufacturers and to draft a comprehensive policy framework aimed at boosting
Main Development Company signs EGP 1bn deal for West Qantara industrial site
The Suez Canal Economic Zone (SCZONE) signed a EGP 1bn usufruct contract on Monday with the Main Development Company (MDC) to develop pre-built factories in the West Qantara industrial zone. The project involves the development of a total area of
Egypt’s Prime Minister orders faster health insurance rollout and new mining investment push
Prime Minister Mostafa Madbouly has ordered the acceleration of Egypt’s Universal Health Insurance (UHI) system across all regions, targeting the inclusion of five provinces in its second phase, the cabinet said in a statement on Monday. During a meeting in
Egyptian medical convoy arrives in Sudan to support healthcare sector amid facility damage
Egypt has deployed a specialised medical convoy of 13 senior consultants to Port Sudan to provide free surgical treatment and bolster healthcare services, the Egyptian Agency of Partnership for Development announced. The mission, which is operating from Dec. 20 to
Gaza death toll rises amid mounting warnings over humanitarian conditions
Gaza’s humanitarian crisis deepened on Monday as authorities reported rising fatalities from the Israeli aggression and aid groups warned that new Israeli restrictions could cut off life-saving assistance to hundreds of thousands of people. Gaza’s health ministry said 12 Palestinians,
Egypt opens doors to investment with competitive advantages, investor-friendly climate: Finance Minister
Egypt is opening its doors to increased investment inflows, supported by strong competitive advantages and an enabling, attractive business environment, Minister of Finance Ahmed Kouchouk said. Speaking at a meeting of the Council of the Union of Arab Chambers of
Egypt signs EGP 500m deal with Titan to build three waste treatment facilities in Sharqeya
Egypt’s Acting Minister of Environment Manal Awad and Sharqeya Governor Hazem Al-Ashmouny on Monday witnessed the signing of a contract between Sharqeya and Gaia Titan, the green energy arm of Titan Cement, to establish and operate three municipal solid waste