Oman’s Afouq, Egypt’s Prime Group launch $265M AI, advanced technologies zone in Muscat
Oman’s Afouq Developments and Egypt’s Prime Group, in collaboration with the Ministry of Transport, Communications, and Information Technology (MTCIT), have announced the launch of the Sultanate’s first Artificial Intelligence and…
BP signs MoU to drill five offshore wells in Mediterranean
BP has signed a memorandum of understanding (MoU) to explore opportunities for drilling five offshore wells in the Mediterranean Sea, in water depths ranging from 300 to 1,500 meters. The…
NBE raises financing for Magic Land Al Hokair’s TANZA project to EGP 1.2bn
The National Bank of Egypt (NBE) has signed an agreement to raise its long-term investment financing for Magic Land Al Hokair to EGP 1.2bn, covering 60% of the company’s estimated…
SCZONE showcases investment opportunities to Peru’s ambassador
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met on Tuesday with Miguel Yllescas Ortiaga, Ambassador of Peru to Cairo, to discuss avenues of bilateral cooperation and…
Opinion | US Leadership Between Domestic Security and Global Image: A Critical Reading of Trump’s Policies
Since US President Donald Trump assumed office, his domestic and foreign policies have sparked intense debate over the contours of American leadership in the twenty-first century. While he presented himself…
Opinion | Shanghai Cooperation Organization: A Rising Alliance
A few days ago, leaders of 20 nations convened in Beijing for the largest summit of the Shanghai Cooperation Organization (SCO) since its establishment 24 years ago. Among the attendees…
Egypt to provide EGP 14.7bn in credit facilities for pharma sector suppliers
Egypt will make available EGP 14.7bn ($307m) in credit facilities for suppliers to the pharmaceutical sector, with half to be paid in cash within days, the finance ministry said on…
Egypt’s FM meets Iranian counterpart in Cairo for nuclear, regional talks
Egyptian Foreign Minister Badr Abdelatty met with his Iranian counterpart Abbas Araghchi in Cairo on Tuesday to discuss developing bilateral relations and the latest developments in the Iranian nuclear file.…
TMG’s Arab Company for Projects upgraded to AA- on record sales
The local credit rating of the Arab Company for Projects and Urban Development, a wholly-owned subsidiary of Talaat Moustafa Group Holding (TMG), has been upgraded to AA- from A+, with…
Egypt, Spain discuss expanding health cooperation, support for Gaza
Egypt’s Deputy Prime Minister for Human Development and Minister of Health, Khaled Abdel Ghaffar, met on Sunday with Spanish Ambassador to Cairo Álvaro Iranzo to discuss strengthening bilateral cooperation in…