Egypt, UAE discuss cooperation in water resources development
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met Mariam Khalifa Al Kaabi, UAE Ambassador to Cairo, to discuss ways to enhance cooperation in water resources development, on Tuesday. During the meeting, Sweilem stressed the importance of concerted
Egypt PM highlights Gulf security, private sector role at Future Investment Initiative
Egyptian Prime Minister Mostafa Madbouly emphasized the importance of Gulf security and Egypt’s commitment to private sector growth during his address at the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia. Speaking on behalf of President Abdel Fattah Al-Sisi,
El-Khatib discusses Procter & Gamble’s projects, investment plans in Egypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, met on Tuesday with Karim Yassin, Executive Vice President and General Manager of Procter & Gamble—Egypt. Both parties reviewed the company’s current projects and investment plans in the Egyptian market and discussed
INTRO Technology signs MoU with SWDC for Kemet Data Center in SCZONE
INTRO Technology, the technology arm of INTRO Holding and the parent company of Advansys and Forte Cloud, providing technological solutions and digital transformation, announced inking a strategic Memorandum of Understanding (MoU) with Sterling and Wilson Data Center (SWDC), the global
FRA, Youth Ministry sign protocol to ensure optimal use of funding for MSMEs
The Financial Regulatory Authority (FRA) has signed a cooperation protocol with the Ministry of Youth and Sports to oversee the effective use of funding provided to small, medium, and micro-enterprises (SMEs). The signing ceremony also marked the launch of Egypt’s
Talaat Moustafa Group stock soars 148% in 2024
Shares of Talaat Moustafa Group (TMG) have surged more than 148% since the beginning of the year, closing at EGP 60 per share on Monday, compared to a closing price of EGP 24.15 per share at the end of 2023.
Madinet Masr sales hit EGP 36.7bn in 9M 2024
Madinet Masr, one of Egypt’s leading real estate developers, reported a strong performance during the first nine months of 2024, achieving a significant leap in sales, achieving a total nominal value of EGP 36.7bn. These figures underscore the company’s growing
China’s BAIC, Egypt’s Alkan Auto partner to establish EV factory
Deputy Prime Minister for Industrial Development, Minister of Industry and Transport Kamel El-Wazir witnessed the signing of an agreement between China’s BAIC and Alkan Auto, a subsidiary of the Egyptian International Motors, to establish an electric vehicle factory in Egypt.
Al-Sisi, Eni CEO discuss boosting bilateral cooperation
Egypt’s President Abdel Fattah Al-Sisi received on Monday Claudio Descalzi, CEO of the Italian company Eni, and his accompanying delegation of senior company officials, to discuss joint cooperation. The meeting was attended by Karim Badawi, Egypt’s Minister of Petroleum and
Madbouly stresses Egypt’s commitment to reforms in meeting with European People’s Party
Egyptian Prime Minister Mostafa Madbouly met with Manfred Weber, President of the European People’s Party Group in the European Parliament, on Tuesday in Cairo, discussing economic challenges, regional crises, and the deepening partnership between Egypt and the European Union. Madbouly