ECA hosts EU delegation to discuss national competition strategy
The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors. The delegation, headed by Annika Eriksgaard, Head of the Directorate-General
Communications Minister engages global tech leaders to boost investment in Egypt’s outsourcing sector
Amr Talaat, Egypt’s Minister of Communications and Information Technology, continued high-level discussions with global tech companies at the Mobile World Congress (MWC) in Barcelona, aiming to attract new investments in Egypt’s outsourcing sector. His meetings also explored expanding cooperation in
German investors eye Egypt as key market, multiple trade delegations expected in 2025
German investors are showing a strong interest in Egypt’s economic potential, recognizing the country’s strategic opportunities and ongoing market reforms, according to Maren Diale-Schellschmidt, CEO of the German-Arab Chamber of Industry and Commerce (AHK Egypt). She emphasized that Egypt’s economic
Daikin expands presence in Egypt with new headquarters
Daikin, a global leader in high-quality air conditioning, heating, ventilation, and refrigeration (HVAC-R) solutions for residential, commercial, and industrial applications, has officially inaugurated its new headquarters in New Cairo City, Egypt. Strategically located in Marakez District 5, the upgraded facility
CBE hosts Bank of Tanzania delegation to strengthen African financial cooperation
As part of Egypt’s commitment to deepening ties with African nations, the Central Bank of Egypt (CBE) has welcomed a high-level delegation from the Bank of Tanzania (BOT), led by its Deputy Governor. The visit aligns with the joint cooperation
CIB successfully closes EGP 7bn Sukuk issuance for “Tasaheel”
The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign Sukuk issuance for “Tasaheel” for Finance, through Alkan Securities. It is the first non-sovereign issuance of its kind. The issuance is the largest of its kind in Africa
Al-Sisi, Hichilema discuss strengthening bilateral relations, addressing regional challenges
Egypt’s President Abdel Fattah Al-Sisi emphasized Egypt’s commitment to sharing its development expertise and providing comprehensive support to Zambia to bolster the capabilities of its workforce in key sectors. This effort will also focus on improving the efficiency of Zambian
Ethiopia at a Crossroads: Amhara Conflict Threatens National Unity, Warns African Narratives Study
A new study by African Narratives, a Pan-African non-profit research organisation, paints a concerning picture of Ethiopia under the leadership of Prime Minister Abiy Ahmed, arguing that his policies have significantly impacted the nation’s security, stability, unity, and overall political,
Egyptian Drug Authority, Sandoz discuss oncology drug localisation
The Chairperson of the Egyptian Drug Authority (EDA), Ali Ghamrawy, has met with a high-level delegation from Sandoz, a global pharmaceutical company, to discuss strengthening cooperation and localising the production of oncology drugs in Egypt. The Sandoz delegation was headed
Egypt inks deal for first local ultrasound device factory
Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, oversaw the signing of a cooperation protocol to establish Egypt’s first ultrasound device manufacturing facility. The initiative is a partnership between Tatweer Medical Industries and leading Chinese medical