Nissan commits $47m to expand operations in Egypt
Egypt’s Prime Minister Mostafa Madbouly witnessed the signing of a landmark investment agreement on Wednesday between Nissan Egypt and the Egyptian government. The agreement paves the way for the local production of a third vehicle model at Nissan’s factory in
Damietta Port’s new container terminal nears completion
Damietta Port’s new container terminal is nearing completion, with operational trials set to begin immediately after phase one is finished, according to officials. Egypt’s Prime Minister Mostafa Madbouly and Vice Prime Minister for Industrial Development and Minister of Industry and
Egypt’s Prime Minister marks progress at Dabaa Nuclear Plant
Egypt’s Prime Minister Mostafa Madbouly attended the fourth annual Nuclear Energy Day celebration in Egypt’s New Administrative Capital, representing President Abdel Fattah Al-Sisi. The event, hosted by the Egyptian Nuclear Power Plants Authority (NPP), focused on the progress of the
Hisham Talaat Moustafa proposes establishment of tourism development council
Hisham Talaat Moustafa, CEO of Talaat Mostafa Group (TMG), has proposed the formation of a national council for tourism development, whose decisions would be binding on all relevant authorities. He also suggested hiring an international consultant to develop a comprehensive
MSMEDA finalizes establishment of Khutwa Financing, with 40% stake
Basel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the final procedures are underway for establishing Khutwa Financing Company. MSMEDA will hold a 40% stake in the company, in partnership with major financial institutions
PM witnesses El Nasr Automotive relaunch
Egypt’s Prime Minister Mostafa Madbouly attended, on Saturday, the relaunch ceremony of El Nasr Automotive Manufacturing Company (NASR), affiliated to the Ministry of Public Enterprises Sector, after a 15-year hiatus. He also inspected the company’s ongoing development efforts. Managing Director
MSMEDA collaborates with JICA to enhance industrial competitiveness
Basel Rahmy, the CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), has reaffirmed the agency’s commitment to international collaboration to enhance the productivity and competitiveness of Egypt’s industrial and production-focused SMEs. This effort, facilitated through partnerships with
Prime Minister witnesses $15m agreement signing for Honeywell lighting project in SCZONE
Prime Minister Mostafa Madbouly witnessed the signing ceremony of a project agreement between Siraj Lightening and VESRA MEA LLC-FZ, licensed by Honeywell to manufacture Honeywell lighting products, covering commercial, residential, industrial, outdoor, and indoor lighting at the government headquarters in
Egypt’s PM inaugurates Urban Expo at WUF12
Prime Minister of Egypt Mostafa Madbouly opened the Urban Expo on the sidelines of the 12th World Urban Forum (WUF) on Monday. The event also witnessed the attendance of President Abdel Fattah Al-Sisi. It will run from 4 to 8
Egypt PM highlights Gulf security, private sector role at Future Investment Initiative
Egyptian Prime Minister Mostafa Madbouly emphasized the importance of Gulf security and Egypt’s commitment to private sector growth during his address at the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia. Speaking on behalf of President Abdel Fattah Al-Sisi,