EUI launches ‘Metaverse for Startups’ competition as part of workshop on emerging technologies
Egypt University of Informatics (EUI) has launched the “Metaverse for Startups” competition, under the slogan “Extended Reality for the Public Good,” as part of the “Workshop on Metaverse and Artificial…
Africa Climate Summit highlighted climate action as solution to food, energy, debt crises: Mohieldin
The Africa Climate Summit (ACS) hosted by Kenya last week succeeded in highlighting climate action as a solution to food, energy and debt crises, UN Climate Change High-Level Champion for…
Egypt’s Planning Minister meets with EBRD director to discuss cooperation
Hala El-Said, Egypt's Minister of Planning and Economic Development, met with Sue Barrett, Director of the European Bank for Reconstruction and Development (EBRD) for Infrastructure in Turkey, Middle East, and…
Egypt issues 7,200 industrial licences in one year
530% increase in industrial lands allocated to investors
Egypt prepares to host AIIB’s annual meetings in Sharm El-Sheikh
Egypt is getting ready to host the eighth annual meeting of the Asian Infrastructure Investment Bank (AIIB) in Sharm El-Sheikh on 25-26 September. The event, which will be held in…
Egypt extends land allocation mechanism for foreign investors in new cities
The New Urban Communities Authority (NUCA), affiliated to the Ministry of Housing, Utilities, and Urban Communities, has decided to extend the mechanism for allocating lands in new cities to foreign…
FRA introduces new evaluation standards for startups
The Financial Regulatory Authority (FRA) has issued a resolution to amend the Egyptian standards for the financial evaluation of establishments, to suit the nature of startups and help them obtain…
Egypt’s health minister visits Greece to boost medical cooperation
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met with George Apostolopoulos, the Chairperson of the Athens Medical Group, and other representatives of the group, during his visit to…
Actis to buy Gabal El-Zeit wind farm for $350m from TSFE
The Sovereign Fund of Egypt (TSFE) has reached a preliminary agreement with Actis, a British direct investment company, to sell the Gabal El-Zeit wind farm for $350m, sources close to…
Egypt, Gulf funds agree to defer dividends for 3 years
The Egyptian government has reached an agreement with Gulf sovereign funds that invested in Egyptian companies to postpone the distribution of dividends for three years, according to sources familiar with…