News
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Egyptian-Emirati cooperation in eco-tourism underway
The meeting aims to discuss Egyptian-Emirati cooperation in the field of environmental sustainability and climate change by promoting eco-tourism.
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Egypt is very attractive investment destination, but needs incentives
Clarity and transparency are necessary to enhance private sector engagement in economy, says Karim Helal.
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Egypt signs 3 agreements for automotive manufacture with local, int’l companies
Egypt signed three framework agreements for the manufacture of cars between the Egyptian government and a number of local and international companies.
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Egypt to launch 1st-ever bid for obsolete energy fields
Those fields that need unconventional methods and specialized technology to extract the quantities available in these fields.
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EU to open applications for 35,000 rail travel passes for youngsters in March
applicants born between July 1, 2004, and June 30, 2005, and who have been selected for the travel pass will be able to visit Europe for 30 days.
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First energy agreement concluded by EU was with Egypt and Israel
The EU wishes to maximize this partnership because Egypt is a reliable partner for the bloc, said Kadri Simon The EU commissioner for energy.
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Orascom signs $151m deal with Egypt government and settles environmental charges
The plan will also allow Orascom to develop about 1.2 million square metres of connected lagoons and build 1,000 hotel rooms every 10 years, it said.
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Nigeria’s Curacel raises funding to power insurance offerings and expand into North Africa
It is used by over 100 companies, and e-commerce platforms across eight African markets: Nigeria, Ghana, Kenya, Morocco and Egypt.
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Egypt’s Mobile Masr raises $500,000 seed round
Founded in 2021, Mobile Masr offers a marketplace for used mobile phones and electronics, with a range of payment options and country-wide delivery.
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Health Ministry announces start of pilot operations of 21 health facilities nationwide
All drives came as part of efforts meant to maximize benefitting of more than 80 million citizens from primary care services.
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Egyptian-Emirati partnership to develop data center with $2.1B investments
The execution is planned to be through 4 stages. Each of the 3 avant-garde complexes will adopt Tier III standards - according to Uptime Institute.
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Azza Fahmy attends graduation ceremony for students in jewelry industry
International designer Azza Fahmy attended the graduation ceremony of the students of the Young Craftsmen project in the field of jewelry.
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MNHD introduces ‘SAFE’ fractional property ownership model in Egypt
Madinet Nasr for Housing and Development, one of Egypt’s leading urban community developers, introduced the Secure Assets for Fixed Earnings model.
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The Egyptian domestic market is increasingly demanding potatoes
This year, there will not be a significant variation in potato volumes. We have the same acreage as last season. However, the demand increases.
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Egypt's Copal launches money app for families
The firm has teamed up with Mastercard for the app that brings family members onto a unified payment platform that is fully managed by the parents.
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Modus Capital founder sees silver lining in Egyptian start-up market
You can get more bang for your buck on an investment right now in Egypt Modus Capital founder Kareem Elsirafy said.
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Egypt signs 16 MoU during EGYPS 2023's final day
The deals were made within the framework of expanding partnerships, providing new opportunities to the Egyptian petroleum sector companies.
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Facilities on import of cars by Egyptian expats to be extended for 2 months
Omar noted that there will be a meeting of the Plan and Budget Committee next week for final approval.
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Sczone discusses with Japanese companies production of energy from waste
The meeting also touched on the interest of the SCZone in the green fuel manufacturing sector and its derivatives.
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Egypt sells state assets to Gulf nations
Egypt, sapped dry of dollars despite a $3 bn IMF bailout loan, is seeking to boost its coffers by selling state assets to wealthy Gulf nations.