SCZONE signs contracts for smart truck yard at West Port Said with EGP 250m investment
The Suez Canal Economic Zone (SCZONE) has signed contracts to establish a new smart truck yard at West Port Said, aiming to ease congestion and boost operational efficiency. The project will leverage advanced technology to digitize and streamline truck movements
Slvr Communities unveils RVR as part of EGP 30bn investment plan over five years
Slvr Communities has officially entered Egypt’s real estate market, announcing an ambitious EGP 30bn investment strategy over the next five years. Ahmed El-Sweisy, Chairperson of Slvr Communities, emphasized Egypt’s rapid urban development, which has created strong investment opportunities and fostered
Egyptian real estate tycoon proposes $27bn Gaza reconstruction plan
Egyptian real estate tycoon Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Holding Group, has proposed a $27bn reconstruction plan for Gaza as an alternative to US President Donald Trump’s proposals, which he criticised as illogical and unfeasible.
Egypt’s Suez Canal explores food security partnership with China’s FAMSUN
Suez Canal Authority (SCA) Chairperson Osama Rabie recently met with Chen Zhengjun, President of China’s FAMSUN, to discuss potential collaboration in food security. The talks centered on forming a strategic partnership as part of the SCA’s broader development initiatives, leveraging
Electricity Minister highlights partnerships, investment in renewable energy
Mahmoud Essmat, the Minister of Electricity and Renewable Energy, has reaffirmed Egypt’s commitment to establishing partnerships, attracting private sector investment, and promoting participation in energy projects. He emphasized that there are numerous economic and investment opportunities within the sector, and
Advancing industrial development through modernization, investment: El-Shemy
The Ministry of Public Enterprises Sector is advancing its efforts to develop the industrial sector within its affiliated companies and enhance their performance. Minister Mohamed El-Shemy affirmed that a comprehensive strategy is in place to modernize factories with advanced technology,
Egypt prioritizes macroeconomic stability, private sector growth: Al-Mashat
The Egyptian government is committed to enhancing macroeconomic stability and strengthening resilience against global changes, according to Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation. Addressing the Akhbar Al-Youm Economic Conference, Al-Mashat outlined the government’s plans to foster
Madbouly visits Zohr field to inspect drilling commencement on Saipem 10000 rig
Prime Minister Mostafa Madbouly visited the Zohr natural gas field, located north of Port Said, to inspect the Saipem 10000 drilling rig. Accompanied by Minister of Petroleum and Mineral Resources Karim Badawi, he was welcomed by Francesco Gaspari, President of
Deputy PM, GAVI CEO discuss strengthening health sector cooperation
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met on Wednesday with Sania Nishtar, CEO of the Global Alliance for Vaccines and Immunization (GAVI), along with Richard Mihigo, Director of Programmatic and Strategic Engagement at
Al-Wazir inaugurates Elsewedy Telecom Cables factory with EGP 2bn investment
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, recently conducted an inspection tour across several factories in the industrial zones of 10th of Ramadan and Badr cities. The tour commenced with a visit to