Indian firms eye fertiliser, green hydrogen, food investments in Egypt – Dailynewsegypt
Indian companies are expressing strong interest in investing in Egypt’s fertiliser, green hydrogen and food production industries, according to a statement by the country’s General Authority for Investment and Free Zones (GAFI). GAFI CEO Hossam Heiba met with Nivruti Rai,
Egypt’s engineering exports surge 29.9% in 7 months – Dailynewsegypt
The Engineering Export Council of Egypt announced that the sector’s exports during the first seven months of 2024 increased by 29.9% during the period from January to July 2024, reaching $3.052bn compared to $2.350bn in the same period of 2023.
Inertia Egypt to deliver 500 units in 2024 – Dailynewsegypt
Life has sprung into the Jefaira project in the Ras El Hekma area of the North Coast, as Inertia Egypt has started delivering units to customers after providing a diverse range of services within the project. These include the operation
Madbouly reviews progress of Egypt’s MSMEDA – Dailynewsegypt
Egypt’s Prime Minister Mostafa Madbouly met on Sunday with Basil Rahmy, CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), at the government headquarters in New Alamein City. The meeting focused on reviewing the agency’s progress and discussing
Ministry of Finance to issue EGP 506.5bn in T-bills, bonds in September – Dailynewsegypt
The Egyptian Ministry of Finance plans to issue 26 treasury bills and bond offerings worth EGP 506.5bn in September. This includes 16 treasury bill offerings totalling EGP 480bn and 10 bond offerings valued at EGP 26.5bn. The Central Bank of
EEC, NASS join forces to enhance vocational training in Egypt’s engineering sector – Dailynewsegypt
The Engineering Export Council of Egypt (EEC) has signed a Memorandum of Understanding (MOU) with the National Academy of Sciences and Skills (NASS), a subsidiary of the Samcrete Group. This partnership aims to enhance vocational and technical training programs
IPA, SwissCham Egypt partner to drive economic growth – Dailynewsegypt
Influence Public Affairs (IPA), a consultancy firm specializing in government relations, public policy, and investment affairs, has entered into a strategic partnership with the Swiss Chamber of Commerce in Egypt (SwissCham). This collaboration aims to enhance business ties between Switzerland
Egypt to launch first digital bank by Q4 2024 following CBE’s approval – Dailynewsegypt
The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has announced that Egypt is set to launch its first digital bank in the fourth quarter of 2024. This follows the initial approval granted by the Central Bank of
Egypt’s Al-Mashat highlights BRICS alignment, economic reforms at NDB Meeting – Dailynewsegypt
Egypt, a new member of the BRICS group, highlighted the importance of inclusive growth, South-South cooperation, and multilateral partnerships in achieving sustainable development at the 9th annual meeting of the New Development Bank (NDB) Board of Governors in Cape Town,
Egypt, South Africa pledge to deepen cooperation for regional development – Dailynewsegypt
Egypt and South Africa have committed to deepening their partnership to promote regional development, particularly in Africa, according to a statement released following a meeting between Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat and South Africa’s