Al-Sisi reviews summer electricity plan, orders accelerated solar expansion
Egyptian President Abdel Fattah Al-Sisi reviewed the government’s preparations to secure electricity supplies during the upcoming summer season, as peak demand on the national grid is forecast to rise by 6-7%. The review took place during a meeting with Prime
Egypt mandates non-banking financial firms to offset 20% of carbon emissions
Egypt has mandated that non-banking financial institutions with capital exceeding EGP 100m must measure their carbon footprints and offset 20% of their annual emissions through the purchase of carbon credits, Minister of Investment and Foreign Trade Mohamed Farid said on Sunday. Speaking
Banque du Caire signs $16.7m financing deal with Kandil Glass to fund Suez expansion
Banque du Caire has signed a new financing agreement with the Kandil Glass Group to support the company’s capital expansion, including the establishment of a new glass production facility in the Ataqa Free Zone in Suez governorate. The financing package
Sir Magdy Yacoub Addresses the Student Body of Manara School in El-Gouna
El-Gouna – World renowned cardiothoracic surgeon, scientist and humanitarian, Sir Magdy Yacoub, visited Manara School in El-Gouna to address the student body on the importance of education, leadership and ethics as th each carve their individual paths. He also emphasized
Egypt to upgrade 800 km of International Coastal Road from Port Said to Salloum
Minister of Transport Kamel Al-Wazir conducted an inspection tour of ongoing works to upgrade the International Coastal Road between Damietta (Furniture City) and Baltim, passing through Gamasa and New Mansoura, over a total length of 64 kilometres. The visit comes
HSBC Egypt, Hong Kong TDC boost garment, textiles trade corridor
HSBC Egypt, in collaboration with the Hong Kong Trade Development Council (HKTDC), hosted the Hong Kong Garment and Textiles Business Mission at its Cairo headquarters, bringing together 12 leading Hong Kong apparel and textile companies to explore investment prospects in
40 firms seek MSMEDA classification certificate to access state incentives: Rahmy
Bassel Rahmy, Chief Executive of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that 40 companies have applied for the Agency’s classification certificate dedicated to innovative start-ups, enabling them to benefit from a wide range of government services,
Private Banking launch at QNB Egypt redefines regional excellence: Group CEO
In a move underscoring its commitment to delivering differentiated, client-centric banking solutions, QNB Group has celebrated the launch of Private Banking services at QNB Egypt. The new offering provides a fully integrated banking experience tailored to an elite segment of
Liberia, Egypt sign diplomatic cooperation deal at African Union summit
Egypt and Liberia signed a memorandum of understanding on Sunday to enhance diplomatic training and capacity building, as part of a broader push to expand trade, infrastructure, and security cooperation. The agreement, signed by Egyptian Foreign Minister Badr Abdelatty and
Egypt’s Abdelatty reinforces regional security, economic ties in high-level AU summit meetings
Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty met with several African heads of state and senior officials on Sunday to discuss regional security, infrastructure development, and economic integration on the sidelines of the African Union summit.