News
-
Egypt's FM Urges Reform of International Financial System
The dialogue addressed issues related to the transformation of global governance and enhancing the implementation of the 2030 SDGs.
-
Ganope drills 9 wells with investments of $40 in FY2023/2024
The company also extracted 2,200 million cubic feet of associated gas, fortifying the proven reserves to 185 million barrels of crude oil.
-
SCZONE chair explores collaboration with Turkish companies in garment manufacturing
The delegation included managers from companies such as Slazenger, FM Tekstil, Canlioglu, Groppa, and LeFaxx.
-
Deputy Minister of Finance, Tax Authority, discusses new tax package with MSMEDA
El-Kilani proposed forming a joint committee between the Ministry of Finance, the Egyptian Tax Authority, and MSMEDA to unify concepts and procedures.
-
Egypt's Labor Min. Seeks to Enhance Cooperation with EU
The ministry is seeking joint cooperation in updating the occupational classification guide in line with the changes in the labor market.
-
Experts call on Egypt’s government to wait on issuing international bonds
The wait is for the vision becomes clearer regarding the future of the US interest rate – especially after it was reduced by 50 basis points last week
-
Haier launches its industrial complex 2nd phase in Egypt's 10th of Ramadan
The government has been keen to overcome the project's challenges and granted it the Golden License in December 2022.
-
Egypt's Entrepreneur Awards announces winners of 2024 edition
The winners include Sight, SR Padel, ILLA Logistics, 2oolameme, Peace Cake, Synapse Analytics, Mozna, Pepla, Menthum, Technobit among others.
-
Egypt exports $1bln pharmaceuticals in 2023
Madbouly revealed that out of every 100 medicine packages consumed in Egypt, 91 ones that are produced locally.
-
EGAS head highlights 11 new agreements in sector worth $925M
In terms of production, the assembly revealed that 19 new gas wells have been added to the production map, with an investment of $613 million.
-
Egypt launches Integrated National Financing Strategy
Al-Mashat emphasized that this strategy represents a collaborative effort between the Egyptian government and the UN.
-
Egypt to host GAMERGY, one of the biggest esports events worldwide
GAMERGY is a pioneering esports event tailored for video game fans of all ages and backgrounds.
-
Mastercard collaborated with Entreprenelle to empower female entrepreneurs in Egypt
The workshops focused on critical areas such as E-commerce and acceptance solutions, boosting SME resilience with digital solutions.
-
Henkel Egypt Announces Strategic Partnership with “INJAZ Egypt”
Henkel Egypt will support middle school students by providing educational programs entitled “Discover Yourself” and “Me & My Community".
-
Egypt to sell United Bank stake in IPO by Q1 2025
United Bank’s total assets increased from 72 billion Egyptian pounds in 2021, to 106 billion pounds in June.
-
Egypt strikes new deal with Israel to increase gas imports by 20 percent
Despite aiming to become an energy 'hub' in the wake of discovering its vast gas reserves, Egypt has become increasingly dependent on gas imports.
-
Investments of SCEZ’s industrial zones hit $6 bln within 2 years
The SCZONE has succeeded in achieving remarkable trading rates, despite the various regional and global circumstances.
-
Applications Open for 6,200 Jobs in Egypt’s Dabaa Nuclear Project
The Dabaa nuclear power plant project is on track, with expectations that 30 percent of the work will be completed by year’s end.
-
Boosting industry in Egypt: What does the sector really need?
Fattouh sees that Egypt needs to support industries related to raw materials and production supplies.
-
SCZone witnesses $30M groundbreaking ceremony for Chemtics Egypt Chemicals project
The Chemtics project unfolds in two phases, with the first phase scheduled for completion and the start of production by May 1, 2025.