Siemens Healthineers to acquire Varian equipment sales, services in Egypt
Siemens Healthineers Egypt has finalized an agreement with IEC Medical Systems (Industry and Engineering Consultants for Medical Systems) to acquire the sales and service business of Varian equipment in Egypt. This acquisition, supported by Siemens Healthineers AG and Siemens Healthineers
Egyptian-Uzbek Joint Committee meets to boost economic ties
Expert-level meetings for the seventh session of the Egyptian-Uzbek Joint Committee for Economic, Scientific, and Technical Cooperation began on Sunday in Tashkent, the Uzbek capital. The meetings are in preparation for a ministerial committee meeting later this week. Rania Al-Mashat,
MIDAR invests $7bn in Mostakbal City, plans for local, regional expansion targeting $14bn
MIDAR for Investment and Urban Development, the founding and master developer of Mostakbal City and MADA in East Cairo, is reinforcing its leadership in Egypt’s real estate development sector with ambitious expansion plans. These initiatives are part of a broader
SAIL Project delivers mechanisation, microgrants to rural areas in Egypt
Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat oversaw the delivery of agricultural mechanisation equipment to agricultural and marketing cooperatives, alongside the distribution of microenterprise grants to rural women, during an inspection tour of the Sustainable Agricultural
Communications Minister chairs meeting to review National Cybersecurity Strategy projects
Amr Talaat, Egypt’s Minister of Communications and Information Technology, chaired a pivotal meeting of the Supreme Cybersecurity Council, where members reviewed and discussed the progress of projects under the National Cybersecurity Strategy for 2023–2027. The session focused on essential cybersecurity
Egypt plays key role in Libya’s reconstruction: FEI official
Alaa Nasr El-Din, a board member of the Wood and Furniture Chamber at the Federation of Egyptian Industries (FEI), highlighted the significant strides made by Egypt’s industrial sector in 2024, noting key economic and commercial developments that have positively impacted
Government focuses on enhancing investment climate to boost competitiveness: El-Khatib
Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, outlined the government’s ongoing efforts to foster a more competitive and investment-friendly business environment. Speaking during a meeting with a delegation of MBA students from Stanford University visiting Cairo to learn
Gold prices dip 1% globally over week: iSagha
Gold prices saw a slight uptick in local markets on Saturday, following a weekend closure of the global exchange. This increase came after a week of losses, with the price of gold dropping around 1% globally, according to a report
Indonesia President Highlights Economic Cooperation at D-8 Summit
Indonesia President Prabowo Subianto has expressed his gratitude to Egyptian President Abdel Fattah Al-Sisi for hosting the current summit of the Developing Eight Organization for Economic Cooperation (D-8). The summit commenced on Thursday in Cairo, Egypt. During his address, Indonesia
Egypt secures $230m in Japanese funding for budget support
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and Japan’s State Minister for Foreign Affairs, Fuji Hisayuki, signed agreements for development financing worth $234m. The agreements, encompassing both grants and concessional loans, aim to support the Egyptian