Housing Ministry to facilitate real estate funds in Egypt to attract foreign investment
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny stated that the ministry is continuously working to develop the real estate sector to drive economic growth and provide suitable housing opportunities for citizens. This effort includes future strategies to enhance
UAE to Install Over 500 Electric Vehicle Charging Stations by 2025
The United Arab Emirates (UAE) plans to install more than 500 electric vehicle (EV) charging stations by the end of 2025. Sharif Al Olama, the UAE’s Under-Secretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, announced
Egypt’s foreign exchange earnings surge to $159.6bn in 2023/2024
Egypt’s foreign exchange earnings reached $159.6bn in the 2023/2024 fiscal year, marking a 30.8% increase from the $121.9bn reported in 2022/2023, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS). This growth was largely driven by
Egypt leads Arab diplomatic push on Gaza crisis, Palestinian statehood
Egypt Minister of Foreign Affairs and Emigration, Badr Abdelatty, has held intensive consultations with foreign ministers from across the Arab world to address the escalating crisis in Gaza and the broader Palestinian issue, according to a statement from the Ministry
PM Madbouly meets Emirati ministers to review joint Egypt-UAE projects
Prime Minister Mostafa Madbouly held a high-level meeting on Sunday to assess the progress of joint projects between Egypt and the UAE. The meeting was attended by Vice Prime Minister for Industrial Development and Minister of Industry and Transport Kamel
Egypt, Jordan, Qatar, Saudi Arabia, UAE reaffirm two-state solution, pledge Gaza reconstruction at Cairo meeting
A two-state solution for the Palestinian territories, a comprehensive reconstruction plan for Gaza, and full support for Palestinian rights were the key outcomes of a meeting of Arab League foreign ministers in Cairo on Saturday, Feb. 1. The meeting, hosted
Electricity Minister discusses boosting renewable energy investments with UAE’s AMEA Power
During the 15th General Assembly of the International Renewable Energy Agency (IRENA) and the Abu Dhabi Sustainability Week Summit, Mahmoud Esmat, Egypt’s Minister of Electricity and Renewable Energy, met with a delegation from AMEA Power, led by Chairperson Hussain Al
Misr Insurance, Al Ain Ahlia partner to drive digital transformation, knowledge sharing in sector
In a significant move towards digital transformation in the insurance industry, Misr Insurance and Al Ain Ahlia Insurance Company of the UAE have signed a cooperation protocol aimed at strengthening their collaboration in various key areas. The signing ceremony, witnessed
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
Egypt, UAE’s Tadweer Group sign MoU for waste management, recycling
Egypt’s Minister of Environment, Yasmine Fouad, witnessed the signing of a Memorandum of Understanding between the Waste Management Regulatory Authority and the UAE’s Tadweer Group to explore and develop cooperation and investment opportunities in the waste management and recycling sector