Nissan commits $47m to expand operations in Egypt
Egypt’s Prime Minister Mostafa Madbouly witnessed the signing of a landmark investment agreement on Wednesday between Nissan Egypt and the Egyptian government. The agreement paves the way for the local…
International expertise strengthens trust, partnerships in tax community: Finance Minister
Egypt's Minister of Finance Ahmed Kouchouk has emphasized the Ministry’s commitment to leveraging international expertise to foster trust, partnerships, and certainty within the tax community. This initiative is part of…
Palestinian resistance forces target Israeli military in Gaza
The Qassam Brigades, the military wing of the Islamic Resistance Movement (Hamas), announced targeted attacks on Israeli forces in Jabalia and Beit Lahyia amidst ongoing military operations in northern Gaza.…
Mid Takseet rebrands as MOGO, increases capital to EGP 225m
Consumer finance company Mid Takseet has rebranded as MOGO (Money on the GO) and significantly increased its capital to EGP 225m. The rebranding, which includes a shorter, more memorable name…
Madinet Masr increases construction investments EGP 10bn to expedite Sarai, Taj City projects
Madinet Masr is expediting work on its Sarai project near the New Administrative Capital and Taj City in east Cairo, allocating EGP 10bn in capital expenditures to meet project timelines.…
MSMEDA allocates EGP 265m to support furniture projects in Damietta
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has provided approximately EGP 265m in funding to furniture manufacturers in Damietta over the past decade. According to Basel Rahmy, CEO…
Algammal for Contracting expands role in Egypt’s infrastructure, renewables
Algammal for Contracting, a major player in Egypt's infrastructure sector, is significantly expanding its operations across various sectors, including electricity, water, sanitation, and renewable energy, according to Mohamed Farouk Hafeez,…
Egypt’s Industry Minister engages Italian companies to bolster localization
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held key discussions with major Italian companies during his visit to Italy, focusing on industrial localization…
From Bonn to Berlin: A Tale of Two Cities
During my stay in Berlin, I engaged with experts specialising in the development of new cities. The relocation of Germany’s capital from Bonn to Berlin provides valuable lessons that merit…
Nubian teenager’s journey headlines 4th Red Sea International Film Festival
The fourth edition of the Red Sea International Film Festival kicks off on December 5, 2024, in Jeddah, embracing the theme “A New Home for Cinema.”Running until December 14, this…
