Middle East workers prioritise pay over ESG, PwC study finds
A new study by PwC has revealed a significant gap between the emphasis Middle Eastern companies place on environmental, social and governance (ESG) initiatives and the priorities of their employees.…
Egyptian Housing Minister meets with EFCBC to address contracting challenges
Sherif El-Sherbiny, Egypt's Minister of Housing, Utilities, and Urban Communities, met with Mohamed Sami Saad, Chairperson of the Egyptian Federation for Construction and Building Contractors (EFCBC), and several board members…
Egypt, Japan to strengthen ties in human development, green investments: Finance Minister
Ahmed Kouchouk, Egypt's Minister of Finance, has invited Japan's business community to capitalize on Egypt’s competitive economic opportunities and continue investing in various sectors. This invitation aligns with the state’s…
Egypt PM, Finance Minister discuss strategic coordination, investment opportunities
Egypt's Prime Minister Mostafa Madbouly met, on Monday, with Minister of Finance Ahmed Kouchouk to discuss strategic coordination and review various ministry-related matters. During the meeting, Kouchouk discussed the outcomes…
Egypt, Japan strengthen economic ties: Minister El-Khatib pledges support for Japanese investments
Hassan El-Khatib, Egypt's Minister of Investment and Foreign Trade, welcomed Oka Hiroshi, the Japanese Ambassador to Cairo, to discuss strengthening economic relations and increasing bilateral trade and joint investments between…
GUPCO allocates $415m for 2023/24 oil exploration, production activities
Karim Badawi, Minister of Petroleum and Mineral Resources, attended the General Assembly meeting of the Gulf of Suez Petroleum Company (GUPCO) to approve its results for the fiscal year 2023/2024.…
Global markets plunge on recession fears, geopolitical tensions
Equities, cryptocurrencies, and commodities tumbled around the world, while safe-haven assets like bonds and the yen surged on Monday. The global markets sell-off was triggered by a confluence of factors,…
Tatweer Misr achieves 65% sales from North Coast projects in H1
President and CEO of Tatweer Misr, Ahmed Shalaby, stated that the company aims to achieve contractual sales worth EGP 32bn in 2024. The company has achieved EGP 21bn in sales…
Record-breaking sales: IL Cazar’s Safia Ras El-Hekma hits EGP 9.8bn in three days
IL Cazar has announced achieving EGP 9.8bn in sales and reservations for its new coastal project, Safia Ras El-Hekma, within just three days of its launch. This remarkable achievement underscores…
MG Developments contracts with Infinity to establish EV charging stations
MG Developments has signed a contract with Infinity, a renewable energy company and electric vehicle charging provider, to establish and operate electric car charging stations in its projects. This initiative…