Egypt removes EGP 4.5bn worth of asset encroachments in public business sector

The Ministry of Public Enterprises Sector has removed EGP 4.5bn worth encroachments of assets owned by affiliated companies. Mahmoud Esmat, Minister of the Public Enterprises Sector, said that the committee…

Daily News Egypt

MSMEDA provides training programmes for productive enterprises to enhance their export capacity

Basil Rahmi, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), affirmed the agency’s interest in the state’s directions and providing various aspects of support to the small…

Hossam Mounir

Fintech is poised for continued growth despite challenges in MENA region: MAGNiTT

The financial technology sector in the Middle East and North Africa region is poised for continuous growth despite the macroeconomic challenges such as inflation, interest rate fluctuations, and bank collapses,…

Daily News Egypt

Egypt’s non-oil exports increase 60.8% to $35.7bn in 2022 from 2014

Egypt, Islamic Trade Finance Corporation sign agreement to establish first export academy

Daily News Egypt

Delta Capital Treats Clients to Ruby Concert at Luxury Beach

Delta Capital for Urban Development hosted a memorable concert for its clients on Saturday, July 1, the fourth day of Eid Al-Adha. The concert was held at Luxury Beach, the…

Daily News Egypt

Escalation in Palestinian-Israeli conflict threatens regional stability: Russia

EU expresses deep concern about escalation in occupied Palestinian territories

Sami Hegazi

Dispute between management, minority shareholder in Pepsi Bugshan Investment settled

Court rejects appeal against GAFI’s decision, sources say

Daily News Egypt

Hilton, City Edge partner to operate two new hotels in Maspero Triangle, Magra El Oyoun

Hilton Group and Egypt's City Edge Developments have signed a partnership to manage and operate two new hotels in Cairo, on Wednesday. The agreement calls for Hilton to manage the…

Daily News Egypt

Lasering lava to forecast volcanic eruptions

University of Queensland researchers have optimised a new technique to help forecast how volcanoes will behave, which could save lives and property around the world.  Teresa Ubide from UQ’s School…

Daily News Egypt

6th phase of lump-sum export subsidy dues payment starts next week: Finance Ministry

The Ministry of Finance has announced that the first batch of the sixth phase of the lump-sum export subsidy payment initiative will start next week. This will be applied for…

Daily News Egypt