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
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
Debt-for-investment swaps enhance development pathways in Africa: Finance Minister
Ahmed Kouchouk, Egypt’s Finance Minister, stated that debt levels across Africa are rising due to escalating economic shocks and risks linked to geopolitical tensions. He emphasized that the “Debt Alliance for Sustainable Development” could be part of the solution to
GAFI, World Bank discuss Egypt’s 2025-2030 FDI Strategy
The General Authority for Investment and Free Zones (GAFI) hosted a comprehensive workshop to discuss the strategic directions document, which serves as a roadmap for developing the 2025-2030 foreign direct investment (FDI) strategy. According to a statement from GAFI, this
Investment fund demand fuels gold price surge: Gold Bullion
Global gold price is trading on Tuesday, near the historical level it recorded on Monday, as demand for the precious metal continues to increase amid ongoing uncertainty with the upcoming US elections. Additionally, there is significant demand for gold investment
Egypt holds consultative meeting to discuss national foreign direct investment strategy
Egypt’s Ministry of Planning, Economic Development and International Cooperation hosted a consultative meeting on Tuesday to discuss the draft of the National Foreign Direct Investment (FDI) Strategy, prepared in collaboration with the World Bank Group. The meeting, attended by representatives
GAFI, Hong Kong delegation explore investment opportunities in Egypt
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), met with a high-level economic delegation from Hong Kong, led by Nick Chan, Hong Kong Deputy to the National People’s Congress of China, and Herman Tse, Head
Raya Foods secures $40m investment from Helios to boost expansion
Raya Holding for Financial Investments has announced securing an investment of approximately $40m from Helios Investment Partners, Africa’s largest investment fund which manages around $37.5bn in assets, into Raya Foods. Through this investment, Helios will acquire 49% of Raya Foods’
No garage, no driveway, no problem: itselectric is bringing curbside EV charging to the US
itselectric establishes best practices for curbside EV chargers. Q&A with itselectric co-founder and CEO Nathan King. For the last few years, the EV industry has been agonizing over the
Al-Sisi calls for enhanced economic cooperation at BRICS Business Forum
Egyptian President Abdel Fattah Al-Sisi delivered a recorded address to the BRICS Business Forum on Friday, emphasizing the importance of economic cooperation and investment among member countries. “This forum is being held at a time when the world is witnessing