25 arrested over alleged coup attempt in large-scale raids in Germany
The raids were carried out at 130 sites in eleven federal states, targeting suspected far-right extremists who allegedly wanted to overthrow the state order in Germany and replace it with…
CIB supports Egypt’s renewable energy transition
This comes in light of the recently concluded UN Conference of Parties on Climate Change (COP27) and Egypt’s strategy to expand its renewable energy sources in line with the government’s…
Egypt, China discuss ways to enhance cooperation in tourism and archaeology
The two sides discussed mechanisms to push more tourist movement from China to Egypt and investment opportunities in the hospitality industry
Dior to launch its business in Egypt sometime in 4Q 2024
The minister said that Dior, which specialises in fashion products such as clothing and perfumes, seeks to launch its business in the Egyptian market by establishing a number of retail…
Egypt’s Health Minister discusses cooperation with French Ambassador
Hossam Abdel Ghaffar — Official Spokesperson for the Health Ministry — explained that the meeting discussed the development projects that are being implemented in cooperation between the ministry and the…
Dentacarts dental platform aims to close a $10m funding round in 2023
In response to Daily News Egypt’s question about the use of financing on the side-lines of a round table at the company’s headquarters on Monday, he explained that the company…
West’s cap on Russian oil risks exacerbating Europe’s energy woes
Whether the move will prove effective largely depends on market response, observers have noted. However, with opposition from Russia, the price cap could trigger growing instability in the market, slowing…
e-finance aims to penetrate Saudi market next year through a partnership with PIF
The sources told Daily News Egypt that the expansion of digital services inside Saudi Arabia is the purpose behind the Saudi sovereign’s acquisition of a stake in the company earlier…
BII interested in green hydrogen, renewable energy projects in Egypt
The company is considering financing a number of green hydrogen projects during the coming period
Sovereign Fund of Egypt to take part in new green hydrogen projects
Soliman’s statement came on the side-lines of the Euromoney conference, where he said that renewable energy in Egypt as a field is very promising, and Egypt can seize a large…