FEDCOC urges reassessment of customs law penalties to boost investment climate
Mohamed Al-Argawy, Chairperson of the Customs Committee of the Importers Division at the Federation of Chambers of Commerce (FEDCOC), has called for a review of specific provisions in the customs law pertaining to penalties for violations and the responsibilities of
Egypt, EU discuss strengthening trade, investment ties
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, recently met with the European Union’s Ambassador-designate to Egypt, Angelina Eichhorst, to explore opportunities for enhancing trade and investment cooperation between Egypt and the EU. The discussion focused on strategies to
Over 1k industrial investment opportunities across 14 governorates in 2024: Minister
Hassan El-Khatib, Minister of Investment and Foreign Trade, has highlighted the ministry’s achievements in 2024, alongside its affiliated entities and sectors aimed at boosting both local and foreign investments, as well as enhancing Egypt’s exports to global markets. El-Khatib emphasized
Carlos Ghosn Sees Trouble Ahead For Japanese Auto Manufacturers
Carlos Ghosn, the former head of the Renault-Nissan-Mitsubishi Alliance, has some thoughts on the proposed new partnership between Honda, Nissan, and possibly Mitsubishi. Not surprisingly, Ghosn is not feeling all that friendly toward Nissan these days, after it conspired with
ConnectDER raises $35 million to scale its meter socket adapters for EV charging
US-based home energy technology provider ConnectDER has secured $35 million in Series D funding to accelerate its market expansion and development of its meter socket adapters for EV charging
HVDC Transmission Between Europe & North America Makes Fiscal Sense
As someone who spends a lot of time looking at HVDC electricity interconnectors globally, and holding the position that HVDC is the new pipeline, I’m very pleased with the latest Ember report, Security and efficiency: The case for connecting Europe
Europe Expected to Add 110 Gigawatts of Solar Next Year!
The solar power market in Europe just continues to grow and grow and grow. And not by a little bit. According to S&P Global Commodity Insights, and particularly solar market analyst Liam Coman, 56 gigawatts (GW) of solar power capacity
Deputy PM highlights cooperation, investments at Egyptian-Sudanese Business Forum
The first Egyptian-Sudanese Business Forum, held on Saturday, focused on strengthening economic cooperation between the two nations. Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, opened the forum by emphasizing the importance of expanding
Rio Tinto and China’s SPIC partner to test electric mining trucks with battery swapping
Mining giant Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery-swap-capable electric haul trucks at the Oyu Tolgoi copper mine in Mongolia. The technology
Mitsubishi Chemical invests in $13.5-million Boston Material’s Z-axis carbon fiber technology
Diamond Edge Ventures (DEV), the US-based investing arm of Japan’s Mitsubishi Chemical, has invested in Boston Materials, a US startup manufacturing critical materials for semiconductors, aerospace parts and automotive