Hyundai for Home Appliances Partners with ETC for Distribution in Egypt
Hyundai for Household Appliances has signed an exclusive distribution agreement with Eleven Trade Corp. (ETC) to expand its presence in the Egyptian market. The agreement will see ETC distribute Hyundai…
EGID, Iraq Stock Exchange seek joint cooperation
Egypt for Information Dissemination (EGID) and the Iraq Stock Exchange (ISX) have discussed potential joint cooperation frameworks, with the Egyptian firm offering its expertise in information and operational systems to…
Egypt’s Planning Minister discusses structural reforms with EU ambassador
Egypt's Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat met with European Union Ambassador to Egypt Christian Berger to discuss ongoing structural reforms and cooperation within the framework…
Egypt focuses on aligning higher education with job market needs
Egypt is taking steps to revamp its higher education system to align it with the needs of the job market, Minister of Higher Education and Scientific Research Ayman Ashour said…
Egyptian microfinance portfolio surpasses EGP 93.4bn to 4.5 million clients
The total microfinance portfolio exceeded EGP 93.4bn, benefiting over 4.5 million clients in Q1 2024. NGOs licensed to provide microfinance services supported 1.8 million clients, with a credit portfolio growth…
Egypt, Somalia sign defence pact, Cairo rejects interference in Somali internal affairs
Egypt and Somalia have signed a defence pact and military cooperation protocol, reaffirming their commitment to strengthening bilateral ties and bolstering regional security. The agreement was signed on Wednesday during…
Egypt prioritises industrial growth through private sector partnerships
Egyptian Prime Minister Mostafa Madbouly recently underscored the government's unwavering commitment to bolstering the industrial sector by fostering strong collaborations with the private sector. During a cabinet meeting, Madbouly emphasized…
Pakistan Marks 78th Independence Day in Cairo
The Embassy of Pakistan in Cairo celebrated the country’s 78th Independence Day on Wednesday with a flag-hoisting ceremony and cultural events. Ambassador Sajid Bilal raised the Pakistani flag at the…
Telecom Egypt achieves 35% revenue growth in H1 2024
Telecom Egypt demonstrated strong financial performance in the first half of 2024, with consolidated revenue surging by 35% year-on-year, reaching EGP 38bn. The key highlights include: Data Revenue Surge: The…
Global Auto Overcomes Spare Parts Crisis and Prepares to Launch New Services This Year, Says CEO Mohamed Kandeel
Kandeel began by highlighting the achievements of the company over the past eighteen months, particularly their efforts to provide a wide range of products under the BMW and MINI brands