Egypt partners with foreign firms to enhance local marble manufacturing
Mohamed Aref, Chairperson of the Egyptian Association of Marble and Granite Industry and Head of the Quarry and Marble Division at the Cairo Chamber of Commerce, stated that the government has taken significant steps to develop the marble industry, including
Egypt aims to localise pump manufacturing in cooperation with Turkey’s Turbosan
During his visit to the Turbosan Pump factory in Turkey, Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny met Sadat Oglu, the Chairperson of Turbosan Pump, to explore opportunities for transferring and localizing the pump manufacturing industry needed for
Orascom Development Keys of Life: New notions of home transforming future communities
Orascom Development, a leading international developer of vibrant, integrated communities across Europe, the Middle East, and North Africa, has launched the next chapter of its Orascom Development Keys of Life 2024 initiative with a new report titled Developing the Future.
Investment fund demand fuels gold price surge: Gold Bullion
Global gold price is trading on Tuesday, near the historical level it recorded on Monday, as demand for the precious metal continues to increase amid ongoing uncertainty with the upcoming US elections. Additionally, there is significant demand for gold investment
Local Development Ministry, MSMEDA collaborate to expand support for small enterprises
Minister of Local Development, Manal Awad, and CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), Basel Rahmi, signed a cooperation protocol on Tuesday. The agreement aims to coordinate efforts to expand various forms of support for the
BRICS leaders convene in Russia for 16th Summit
The 16th BRICS summit kicked off in the Russian city of Kazan on Tuesday with the participation of leaders from 36 countries, including 22 heads of state or government. The three-day event will see discussions on a range of topics,
UNDP, Egypt-Japan Business Council sign agreement to enhance cooperation
Hassan El-Khatib, Minister of Investment and Foreign Trade, has witnessed the signing of a Memorandum of Understanding (MoU) between the Egypt-Japan Business Council and the United Nations Development Program (UNDP), in the presence of Hiroshi Oka, Japanese Ambassador to Cairo,
Egyptian President Sees BRICS as a Breakthrough for Member Interests
KAZAN — Egyptian President Abdel Fattah al-Sisi has said he sees the BRICS group as a breakthrough in advancing the interests of all its members, particularly in trade. Al-Sisi made the remarks during a meeting with Russian President Vladimir Putin
Investment Minister discusses automotive industry localization, sector’s challenges
Hassan El-Khatib, Minister of Investment and Foreign Trade, held an extensive meeting with the managing directors of global automotive companies, agents, distributors and dealers, to discuss localizing the automotive industry in Egypt and the challenges facing the sector. This aligns
Putin, Xi stress strength of ties in a meeting on BRICS Summit sidelines
Russian President Vladimir Putin and Chinese President Xi Jinping stressed the strength of their ties, in a bilateral meeting held on the sidelines of the BRICS summit in Kazan, Russia, on Tuesday. During the meeting, the two leaders emphasized the