Afreximbank supports Elsewedy Electric to establish industrial zone in Tanzania
The industrial zone, established by ElSewedy Industrial Development Company, a subsidiary of ElSewedy Electric, will extend over an area of 2,200 million square metres. It aims to attract investments worth…
43.9% increase in number of foreign employees in public sector during 2021
The Central Agency for Public Mobilisation and Statistics issued on Monday its Annual Bulletin for Foreign Employees in Governmental & Public/Public Business Sectors for 2021.
Irrigation Minister reviews water cooperation agreements with Iraq
Both Egypt, Iraq face challenges related to water security
Saudi Alhokair Family acquires 4.99% stake in Cairo-based valU
Currently subject to relevant regulatory approvals and satisfaction of certain conditions precedent, the transaction marks Alhokair Family’s first investment in a BNPL platform in Egypt, underscoring valU’s strength in the…
Visa, CIB launch global ‘She’s Next Initiative’ for first time in Egypt
Visa announced on Monday the launch of its global ‘She’s Next Initiative’ in Egypt to economically empower local female entrepreneurs and SMB owners.
Egypt will build platform to export Eastern Mediterranean gas to Europe: FM Shoukry
The meeting discussed ways to strengthen bilateral cooperation in accordance with the EU-Egypt Partnership Priorities 2017-2020.
Libyan negotiations in Egypt last chance for settlement to elections: analysts
Analysts said the negotiations are crucial and the last chance to reach a consensus on a Libyan constitutional draft that may lead to successful elections. However, if the negotiations fail,…
Ethiopia’s Abiy Ahmed faces fresh discord as ex-allies revolt
Ethiopian civilians and children are only losers of conflicts between heinous parties eyeing power
China seeks to harmonise Belt and Road Initiative with Egypt’s 2030 Vision
In a press conference held by the Chinese Embassy in Cairo, Wang added that the Chinese side is ready to work with the Egyptian side to implement the consensus reached…
Egyptian start-ups attracted $380m in financing in the first 5 months of 2022
Mahfouz explained that Egypt is witnessing unprecedented booms in the telecommunications sector, starting with the digitisation of government services, the volume of investments in infrastructure, start-up companies, and the training…
