TMG hits EGP 470bn in sales, outpacing top 9 competitors combined: Hisham Talaat Moustafa
Talaat Moustafa Group (TMG) has achieved record sales, generating EGP 470bn in revenue since the beginning of 2024, according to CEO Hisham Talaat Moustafa. This figure surpasses the combined sales of the top nine real estate companies in Egypt, solidifying
CBE conducts training programme for calibres from Djibouti’s central bank
The Central Bank of Egypt (CBE) conducted a training programme for calibres from the Central Bank of Djibouti (CBD) covering the latest operational systems employed in key areas, including the International Transactions Reporting System (ITRS) in Egypt – a primary
MSMEDA collaborates with JICA to enhance industrial competitiveness
Basel Rahmy, the CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), has reaffirmed the agency’s commitment to international collaboration to enhance the productivity and competitiveness of Egypt’s industrial and production-focused SMEs. This effort, facilitated through partnerships with
Prime Minister witnesses $15m agreement signing for Honeywell lighting project in SCZONE
Prime Minister Mostafa Madbouly witnessed the signing ceremony of a project agreement between Siraj Lightening and VESRA MEA LLC-FZ, licensed by Honeywell to manufacture Honeywell lighting products, covering commercial, residential, industrial, outdoor, and indoor lighting at the government headquarters in
NARSS, Agriculture Ministry launch map of winter crops
The National Authority for Remote Sensing and Space Sciences (NARSS) and the Ministry of Agriculture and Land Reclamation presented a map of crops for the winter agricultural season 2023-2024. Chairperson of NARSS, Islam Abu El-Majd, stated that each governorate
Egypt launches new RoRo ferry service between Damietta, Trieste ports
Egypt launched a new Roll-on/Roll-off (RoRo) ferry service connecting Damietta Port in Egypt to Trieste Port in Italy on November 29th, 2024. The service is expected to significantly boost trade and economic ties between the two countries, particularly in the
Egypt Education Platform offers internships to high school students
Egypt Education Platform (EEP) has launched its Internship Programme for high school students across its network of schools, for the fourth consecutive year. The programme aims to provide real-world work experience by offering internships at prominent entities in various fields.
Tax incentives mark ‘new beginning’ for partnership with private sector: Kouchouck
The Egyptian government has announced a new package of tax incentives aimed at boosting investment and easing the burden on businesses. Finance Minister Ahmed Kouchouck outlined the measures on Tuesday during a session of the House of Representatives, calling the
Egypt’s Local Development Minister calls for multilevel governance at WUF12
Egypt’s Minister of Local Development Manal Awad emphasised the importance of multilevel governance for a sustainable urban future during a roundtable discussion at the 12th World Urban Forum (WUF12) in Cairo. The discussion, which took place on the second day
MSMEDA pumps EGP 2bn into 76,000 small, micro-enterprises in Kafr El-Sheikh over 10 years
Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said on Monday that the agency has funded over 76,000 small and micro enterprises in Kafr El-Sheikh with EGP 2bn over 10 years, providing 136,655 jobs for