Shoukry urges US, donor countries to resume UNRWA funding for Gaza relief – Dailynewsegypt
Foreign Minister Sameh Shoukry met on Wednesday with Ambassador David Satterfield, the US Special Envoy for Humanitarian Affairs in the Middle East. Ahmed Abu Zeid, the spokesperson of the Ministry of Foreign Affairs, said that the meeting focused on the
EV shopping beats buying an ICE vehicle, according to buyers
Electric vehicle buyers reported the highest satisfaction with the process last year. With 80% of new EV buyers saying they were “highly satisfied” with the process, buying an EV was reportedly much easier
Egypt’s manufacturing and extractive index inched down 0.55% in November 2023 – Dailynewsegypt
Egypt’s manufacturing and extractive industries saw a slight decline in November 2023, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS). The agency has updated its methodology for calculating the index, now using the 2012/2013
IMF mission makes “excellent progress” on Egypt’s reform program review, MEFP to be finalized in upcoming days – Dailynewsegypt
An International Monetary Fund (IMF) team led by Ivanna Vladkova Hollar made “excellent progress” on discussions with Egyptian authorities regarding the first and second reviews of the country’s economic reform program, according to a statement released early Friday. The mission,
Truck Makers Team Up to Push for Electric Vehicle Chargers
Daimler, Navistar and Volvo have been criticized for not selling many electric heavy trucks, but the companies say the country first needs many more chargers.
Minister of Social Solidarity honors 10 women with ‘New Woman’ awards – Dailynewsegypt
Nevine El-Kabbaj, Minister of Social Solidarity, awarded 10 inspiring women with EGP 20,000 each during the third season of the “New Woman” initiative, sponsored by Victory Link and Nasser Bank. The ceremony was attended by Enjy El-Sabban, CEO of Victory
Egypt’s central bank raises interest rates by 2% to tame inflation – Dailynewsegypt
Egypt’s central bank hiked key interest rates by 2% on Thursday, aiming to curb rising inflation despite signs of an economic slowdown. The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) raised the overnight deposit rate, overnight lending rate,
Cleopatra Hospitals plans to invest EGP 2bn over next 18 months – Dailynewsegypt
The Cleopatra Hospitals group intends to invest EGP 2bn over the next 18 months as part of its profit expectations strategy before interest, taxes, and depreciation over the next two years. The focus will primarily be on completing the first
Battery-integrated chargers offer a cure for America’s weak electric infrastructure – Charged EVs
Q&A with Alex Urist, Vice President of XCharge North America Battery storage, once considered a nifty additional feature for large-scale charging infrastructure projects, is steadily becoming de rigueur for
Cred unveils Ever New Cairo its EGP 30bn new project – Dailynewsegypt
Egypt’s real estate developer Cred has announced the launching of its latest and largest projects to date, Ever New Cairo. In partnership with the New Urban Community Authority, the project is located in New Cairo spanning over 128.5 feddans of