News
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Egypt’s GV developments plans to close deals for 1,000 factories in Tarboul industrial city in Q1
Export Development Bank of Egypt will provide financing to investors in Tarboul Industrial City under an agreement with GV Developments
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Ladurée opens its new branch in Egypt
The popular brand Ladurée opens its doors in the Mall of Egypt serving up signature iconic macarons, the flakiest pastries and delicious dishes.
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Egypt Gas’ profits hike 82% YoY in 2022
Egypt Gas’ (EGAS) net profit after tax surged 82% year-on-year in 2022, according to the financial statement filed to the Egyptian Exchange.
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Spinalex’s profits soar 152.05% YoY in 2022
The company’s yarn manufacturing plant consists of cotton blowing, carding, drawing, roving, spinning, and winding mills.
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Meta underscores safety measures for teens and parents on ‘Safer Internet Day’
Meta is also removing content that violates the platform’s policies and making potentially sensitive content more difficult to find.
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Concord International aims to set up $40M healthcare investment company in Egypt
Concord International Investments is planning to establish a healthcare investment company in Egypt.
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Aviation Ministry, private airlines’ heads probe ways of boosting cooperation in Egypt
The meeting tackled mechanisms to enhance the role of the private sector in the air transport system.
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US dollar price stabilizes in Egypt
The price of the US dollar against the Egyptian pound stabilized in mid-trading, Wednesday, February 8, recording at the Central Bank of Egypt.
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President El-Sisi orders improving financial conditions of preachers
President Abdel Fattah El Sisi called for continuing efforts to improve the financial conditions of preachers and imams.
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SEMADCO on radar of Gulf investors
The Holding Company for Chemical Industries owns all the shares of SEMADCO.
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Egypt's Health Ministry reveals treatment map of cancerous tumors
The Egyptian Ministry of Health and Population revealed a map of the treatment of cancerous tumors for adults and children.
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Egypt to host Cybersecurity & Defence Intelligence Systems exhibition
The 3-day cybersecurity and defence intelligence systems exhibition is the 1st of its kind, and will be held from 16-18 May 2023.
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Orange Egypt Partners with Fawry to enhance digital payment services
The collaboration strengthens Orange Cash's position as Egypt's leading digital payment service, providing customers comprehensive payment services.
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Egypt’s Maxim Hotels plans to open 20 hotels up to 2025
The Group plans to add 700 rooms in the current year in Cairo, New Administrative Capital and Sharm El Sheikh, and many more abroad.
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All you need to know about Iqat gold mine
The deposit of Iqat Mine is estimated to hold around 1.3 mn ounces of gold. Expected direct investments in 2030 from $300 million to $1 billion.
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4th Startups Without Borders summit around the corner
The summit will feature high-profile speakers, experts, and investors in the entrepreneurial and corporate landscapes, to support entrepreneurs.
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Paymob and Khazna partner to expand access to digital financial services in Egypt
Consumers and merchants to benefit, while this partnership will drive financial inclusion in line with Egypt’s Vision 2030.
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Egypt aims to cultivate more than 750K feddans of oil plants
The oil industry in Egypt relies on importing about 96 percent of the oils used in production, and the 4 percent is provided locally, this will change
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Egypt’s Trade Minister, heads of exports councils discuss boosting exports
The ministry will improve services provided by the ministry to enhance the competitiveness of Egyptian products and exports.
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Romanian PM Ciucă talks gas, fertilizers with Egyptian officials
Romania also aims to meet its natural gas consumption needs using Egyptian liquefied natural gas terminals until it can extract from Black Sea.