ECA hosts EU delegation to discuss national competition strategy
The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors. The delegation, headed by Annika Eriksgaard, Head of the Directorate-General
CIB’s Hisham Ezz Al-Arab receives Global Finance Lifetime Achievement Award
Global Finance has awarded Hisham Ezz Al-Arab, Chairperson and CEO of Egypt’s Commercial International Bank (CIB), its Lifetime Achievement Award. The award is the publication’s highest individual honour. Joseph D. Giarraputo, Founder and Editorial Director of Global Finance, said Ezz
France, Germany, Italy, and UK back Egypt’s Gaza reconstruction plan
The foreign ministers of France, Germany, Italy, and the UK expressed their support on Saturday for the Egyptian plan on Gaza, which was endorsed at the emergency summit in Cairo earlier this week and formally adopted by the Organization of
Egypt expresses concern over Syrian clashes, calls for for inclusive political process
Egypt has expressed its concern regarding the confrontations in Syrian Governorate of Latakia, which have resulted in a number of casualties and injuries, the Foreign Ministry said on Friday. In a statement, the Egyptian Ministry of Foreign Affairs affirmed its
Egyptians freed after months of RSF captivity in Sudan in coordinated operation with Sudanese Army
A group of Egyptian nationals, detained for months by Sudan’s paramilitary Rapid Support Forces militia (RSF), have been freed and returned home following a carefully coordinated operation involving Egyptian and Sudanese authorities. The development marks a significant diplomatic and security
Egypt, Armenia explore cooperation opportunities in health sector
Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, has met with Armen Sarkissian, Ambassador of Armenia to Cairo, along with his accompanying delegation, to discuss ways to strengthen collaboration in the health sector. Hossam Abdel Ghaffar,
Banque Misr grants EGP 2.6bn credit facility to Hyde Park for ‘Sea Shore’ project
Banque Misr has signed a credit facility agreement with Hyde Park Developments, providing EGP 2.6bn in financing to support the investment costs of the Sea Shore project on Egypt’s North Coast. The signing ceremony was attended by Hisham Okasha, CEO
World Bank commends Upper Egypt Local Development Programme
Manal Awad, Minister of Local Development, announced that the World Bank has highlighted the significant achievements of the Upper Egypt Local Development Programme (UELDP) in its latest report, praising its role in driving economic growth, enhancing infrastructure, and improving citizens’
Communications Minister engages global tech leaders to boost investment in Egypt’s outsourcing sector
Amr Talaat, Egypt’s Minister of Communications and Information Technology, continued high-level discussions with global tech companies at the Mobile World Congress (MWC) in Barcelona, aiming to attract new investments in Egypt’s outsourcing sector. His meetings also explored expanding cooperation in
Egyptian Space Agency, Tanmia Petroleum partner to enhance safety in energy sector
The Egyptian Space Agency (EGSA) and Tanmia Petroleum Company have signed a Memorandum of Understanding (MoU) to leverage space applications for developing advanced monitoring and early warning systems for petroleum and mineral resources facilities. The agreement was signed at EGSA’s