BP CEO meets with Egyptian President, Prime Minister, pledges continued investment
Egyptian President Abdel Fattah Al-Sisi and Prime Minister Mostafa Madbouly met separately Monday with Murray Auchincloss, chief executive officer of British Petroleum (BP), to discuss ongoing and future energy investments in Egypt. The meetings, attended by Minister of Petroleum and
GF Piping Systems opens MDPE pipe manufacturing plant in Cairo
GF Piping Systems, a division of Georg Fischer AG and a leading global provider of piping solutions, has officially opened a new manufacturing facility in Cairo, Egypt. The plant, developed through a joint venture known as EGFCO, is a collaboration
Egypt’s Abdelatty meets with Italian, Congolese counterparts in Rome
Egypt’s Minister of Foreign Affairs and Immigration, Dr Badr Abdelatty, held separate meetings in Rome on Tuesday, November 26, with his Italian and Congolese counterparts. The meetings took place during a visit to Italy, where Abdelatty attended the G7 Foreign
International Workplace Group expands in Cairo amid rising demand for hybrid working
International Workplace Group (IWG), the world’s largest provider of hybrid working solutions, has announced the opening of a new flexible workspace in Cairo. This new location, marking IWG’s 17th in Egypt, comes at a time when demand for hybrid working
Al-Sisi discusses regional updates, economic situation with WEF chief
Egyptian President Abdel Fattah Al-Sisi met with Borge Brende, President of the World Economic Forum (WEF), and his accompanying delegation on Saturday to discuss regional developments and economic issues. The meeting was attended by Prime Minister Mostafa Madbouly, Minister of
Madbouly opens Cairo ICT’24, showcasing Egypt’s digital progress
Egypt’s Prime Minister Mostafa Madbouly opened Cairo ICT’24, the 28th edition of the Egypt International ICT Exhibition and Conference for the Middle East and Africa, on behalf of President Abdel Fattah Al-Sisi. The event, themed “The Next Wave,” is being
Egypt, OECD discuss progress on country programme, potential membership
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Ulrik Vestergaard Knudsen, Deputy Secretary-General of the Organisation for Economic Co-operation and Development (OECD), during his first visit to Egypt. The meeting focused on the close partnership
Financial gap for SDGs in MEASA widens to $5trn annually
The financial gap needed to meet the United Nations’ Sustainable Development Goals (SDGs) in the Middle East, Africa, and Southern Asia (MEASA) region by 2030 has expanded to nearly $5trn annually, according to the third annual report from the Transition
CI Capital opens subscription for Egypt’s first sector-focused equity fund
CI Capital Asset Management has announced that subscriptions to the CI Assets Management Sector Investment Fund, Egypt’s first multi-sector equity fund, will open Monday, for a two-month subscription period. The fund targets investments in equities of companies listed on the
TMG hits EGP 470bn in sales, outpacing top 9 competitors combined: Hisham Talaat Moustafa
Talaat Moustafa Group (TMG) has achieved record sales, generating EGP 470bn in revenue since the beginning of 2024, according to CEO Hisham Talaat Moustafa. This figure surpasses the combined sales of the top nine real estate companies in Egypt, solidifying