French investments in Egypt surpass $7bn across 180 companies: GAFI chief
French investments in Egypt have exceeded $7bn, spread across more than 180 companies, according to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). Speaking at…
Egypt explores Jordanian digital solution to enhance waste management system
Egypt’s Minister of Environment, Yasmine Fouad, met with representatives from Jordan’s Tajanus Group for Ownership and Commercial Projects to review a smart digital solution for waste collection and management developed…
Egypt, France elevate bilateral relations to strategic partnership
Egyptian President Abdel Fattah Al-Sisi received French President Emmanuel Macron at Cairo’s Ittihadiya Palace on Monday, where the two leaders formally announced the elevation of Egyptian-French relations to the level…
France commits €4bn in financing to support Egypt’s public, private sectors
Egypt’s Ministry of Planning, Economic Development, and International Cooperation announced that the French government has extended approximately €4bn in financing to support Egypt’s public and private sectors. The package includes…
Egypt, Jordan, and France call for immediate ceasefire, int’l support for Gaza reconstruction
The leaders of Egypt, Jordan, and France held a joint phone call with US President Donald Trump on Monday to discuss securing an immediate ceasefire in Gaza, as stated by…
Alameda partners with Philips to advance healthcare delivery in Egypt
Alameda Healthcare Group, one of Egypt’s leading private healthcare providers, has signed a Memorandum of Understanding (MoU) with global health technology leader Philips to advance healthcare delivery and improve patient…
AAIB announces robust 2024 results, net profits hits $301m
A $301m net profit for 2024 has been announced by the Arab African International Bank (AAIB), driven by its shift towards a liabilities-driven market approach. Tamer Waheed, Vice Chairperson and…
Military production companies in Egypt report 44% revenue growth
Egypt's Minister of State for Military Production, Mohamed Salah, presented the final accounts for affiliated companies for the fiscal year 2023/24 to the Planning and Budget Committee of the House…
Egypt’s Housing Minister, Slovak Ambassador explore smart city cooperation
Egypt’s Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny met with Slovak Ambassador to Cairo, Lenka Miháliková, to discuss opportunities for cooperation in the development of smart cities and…
SCZONE breaks ground on $20m Hi-Tech sportswear factory in West Qantara
Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, and Ismailia Governor Akram Galal laid the foundation stone for the Hi-Tech – North Africa sportswear factory—the first Thai…