Contact Financial Holding appoints Manal Abdel Razek as chairperson
Contact Financial Holding announced on Wednesday the appointment of Manal Abdel Razek as Chairperson of its Board of Directors, effective 28 April, succeeding Hazem Moussa. Abdel Razek brings more than three decades of leadership experience across Egypt’s financial services sector,
GE Vernova wins order for power plant upgrades, long-term services in Egypt
GE Vernova announced on Wednesday that it has secured an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), to carry out upgrade and service projects at the Banha and Nubaria power plants.
Catalyst Partners Middle East moves ahead with plan to acquire controlling stake in EIH Consulting
Catalyst Partners Middle East (CPME), Egypt’s first special purpose acquisition company (SPAC), has announced that its board has granted in-principle approval to proceed with the acquisition of a controlling stake, potentially up to 100%, in EIH Consulting and its subsidiaries.
Al-Sisi pushes broader educational partnership with Hiroshima University
Egyptian President Abdel Fattah Al-Sisi discussed expanding cooperation in education and technology with Hiroshima University President Mitsuo Ochi, underscoring the growing educational partnership between Egypt and Japan. According to the Egyptian presidency, Al-Sisi expressed appreciation for Egypt’s strong bilateral relations
EU approves Egyptian farmed fish and crustacean exports
Egypt has been added to the list of countries authorised to export aquaculture products to the European Union for the first time, the National Food Safety Authority (NFSA) announced. The authorisation, which covers finfish, their products, and crustaceans, follows Egypt’s
Health Minister discusses strengthening cooperation with Institute of National Planning
Egypt’s Ministry of Health has discussed expanding cooperation with the Institute of National Planning (INP) to enhance healthcare policy development and improve human development indicators, as part of broader efforts to modernize the country’s health sector. In a statement, the
Egypt’s Consumer Protection Agency seizes over 290 tonnes of illicit goods in two-month nationwide crackdown
Egypt’s Consumer Protection Agency (CPA) conducted 1,358 nationwide campaigns between 1 March and 28 April, seizing 3,475 violations and over 290 tonnes of unfit or untraceable goods as part of a government mandate to curb price manipulation and ensure the
Egypt works to open investment avenues for Czech pension funds: Minister
Mohamed Farid, Minister of Investment and Foreign Trade, said Egypt is actively working to enable Czech pension funds to access investment opportunities in the local market, as part of broader efforts to deepen economic cooperation with the Czech Republic. His
Egypt aims to boost mining to 6% of GDP, plans first aerial survey since 1984
Egypt aims to increase the mining sector’s contribution to its gross domestic product (GDP) to approximately 6% from less than 1% currently, and will launch a comprehensive aerial geophysical survey for minerals in June, the country’s petroleum and mineral resources
Egypt, Japan seek to expand industrial cooperation, investment
Egypt’s Minister of Industry, Khaled Hashem, met with Japan’s Ambassador to Egypt, Iwai Fumio, to review current Japanese investments, explore potential expansions, and identify new opportunities across the Egyptian market. The meeting, attended by Assistant Minister for International Cooperation Ahmed