Egypt’s SCZONE signs $13m deals for food, fertiliser projects in Sokhna
Egypt's Suez Canal Economic Zone (SCZONE) signed two contracts on Wednesday for industrial projects in the Sokhna Industrial Zone worth a combined $13m (EGP 609m) to manufacture food products and…
Egypt to transfer 40 state companies to sovereign fund and list 20 on stock exchange
Egypt is preparing 60 state-owned companies for either transfer to its sovereign wealth fund or listing on the stock exchange, the head of the government’s state-owned enterprises unit said on…
Randa El-Menshawy takes helm of Housing Ministry
Randa El-Menshawy, previously First Assistant to the Prime Minister for Follow-Up Affairs, has been appointed Minister of Housing, Utilities, and Urban Communities in the new cabinet, succeeding Sherif El-Sherbiny. Her…
PROFILE-Egyptologist Gihane Zaki takes helm as Egypt’s culture minister
Gihane Zaki has been appointed Egypt’s Minister of Culture, becoming the third woman to lead the ministry in the country’s history. Zaki succeeds Nevine Al-Kilani, who held the post from…
Khaled Hashem appointed Egypt’s Minister of Industry
Egypt has announced a cabinet reshuffle that includes the appointment of Khaled Hashem as Minister of Industry , succeeding Kamel Al-Wazir. The move is widely seen as part of the…
Egypt’s information minister Diaa Rashwan: From SIS head to cabinet member
Diaa Rashwan has been appointed Minister of State for Information in Prime Minister Mustafa Madbouly’s new cabinet, transitioning from a career spanning academia, journalism, and state media management. State Media…
Former World Bank official Ahmed Rostom takes over Egypt’s planning ministry
Ahmed Rostom has been appointed Egypt’s Minister of Planning and Economic Development, succeeding Rania Al-Mashat, as part of a new cabinet formation announced on Tuesday by the Speaker of the…
Japanese investment delegation visits Egypt to strengthen infrastructure partnerships
A high-level Japanese investment delegation is visiting Egypt as part of ongoing efforts to deepen economic and investment ties between the two countries and advance cooperation on infrastructure and sustainable…
Beltone Holding acquires Baobab Group to build pan-Africa financial platform
Beltone Holding has announced the successful completion of its acquisition of Baobab Group, through which Beltone Capital, a wholly owned subsidiary of Beltone Holding, acquired 100% of Baobab for a…
Rolls-Royce powers EgyptAir’s long-haul fleet expansion with first Airbus A350-900 delivery
Rolls-Royce has marked the delivery of EgyptAir’s first Airbus A350-900, powered exclusively by Trent XWB-84 engines, as the national carrier advances its long-haul fleet modernisation programme. The aircraft is the…