Unionaire launches largest home appliances factory with EGP 6bn investment
Unionaire Group, a leading home appliances manufacturer, has unveiled plans to launch a state-of-the-art factory with an investment of approximately EGP 6bn, marking a significant expansion in Egypt’s manufacturing sector. The company is positioning the new facility to become the
Siemens Healthineers to acquire Varian equipment sales, services in Egypt
Siemens Healthineers Egypt has finalized an agreement with IEC Medical Systems (Industry and Engineering Consultants for Medical Systems) to acquire the sales and service business of Varian equipment in Egypt. This acquisition, supported by Siemens Healthineers AG and Siemens Healthineers
Egyptian-Uzbek Joint Committee meets to boost economic ties
Expert-level meetings for the seventh session of the Egyptian-Uzbek Joint Committee for Economic, Scientific, and Technical Cooperation began on Sunday in Tashkent, the Uzbek capital. The meetings are in preparation for a ministerial committee meeting later this week. Rania Al-Mashat,
MIDAR invests $7bn in Mostakbal City, plans for local, regional expansion targeting $14bn
MIDAR for Investment and Urban Development, the founding and master developer of Mostakbal City and MADA in East Cairo, is reinforcing its leadership in Egypt’s real estate development sector with ambitious expansion plans. These initiatives are part of a broader
Egypt’s President Al-Sisi stresses unity, security roles of armed forces, police
Egyptian President Abdel Fattah Al-Sisi has emphasised the importance of national unity in the face of current regional challenges, underscoring the crucial roles of the Armed Forces and the Civil Police in ensuring the country’s progress and security. Al-Sisi stated
SAIL Project delivers mechanisation, microgrants to rural areas in Egypt
Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat oversaw the delivery of agricultural mechanisation equipment to agricultural and marketing cooperatives, alongside the distribution of microenterprise grants to rural women, during an inspection tour of the Sustainable Agricultural
Communications Minister chairs meeting to review National Cybersecurity Strategy projects
Amr Talaat, Egypt’s Minister of Communications and Information Technology, chaired a pivotal meeting of the Supreme Cybersecurity Council, where members reviewed and discussed the progress of projects under the National Cybersecurity Strategy for 2023–2027. The session focused on essential cybersecurity
Egypt plays key role in Libya’s reconstruction: FEI official
Alaa Nasr El-Din, a board member of the Wood and Furniture Chamber at the Federation of Egyptian Industries (FEI), highlighted the significant strides made by Egypt’s industrial sector in 2024, noting key economic and commercial developments that have positively impacted
Government focuses on enhancing investment climate to boost competitiveness: El-Khatib
Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, outlined the government’s ongoing efforts to foster a more competitive and investment-friendly business environment. Speaking during a meeting with a delegation of MBA students from Stanford University visiting Cairo to learn
Egypt’s Drug Authority achieves Level 3 Maturity certificate for medicines, vaccines
Egypt’s Ministry of Health and Population announced on Saturday that the Egyptian Drug Authority (EDA) officially received the Level 3 maturity certificate (ML3) for medicines and vaccines, according to the World Health Organization’s (WHO) classification for national regulatory bodies. This