Siemens Energy Egypt service centre launches 1.9-MW solar power plant in SCZone
A 1.9-megawatt solar power plant was inaugurated at the Siemens Energy Egypt Service Center in the Suez Canal Economic Zone (SCZone) on Tuesday. The plant, comprising approximately 3,280 photovoltaic solar…
Banque Misr awards EGP 990m loan to Edita for production expansion
In line with its robust marketing strategies and developmental objectives, Banque Misr has awarded a long-term loan of EGP 990m to Edita Food Industries. This loan supports the national economy…
Egypt, Japan partner on blood bag production, technology transfer
The Egyptian Authority for Unified Procurement, Medical Supply, and the Management of Medical Technology (UPA) has finalized an agreement with JMS Japan, a leading blood bag manufacturer, for a…
Finance Ministry announces EGP 8bn disbursement for export subsidy initiative by 6 June
The Egyptian Finance Ministry is set to disburse EGP 8bn to exporters as part of the lump-sum export subsidy payment initiative. This move, scheduled for 6 June, is in line…
Africa Tourism Forum gathers industry leaders in Egypt to unlock continent’s potential
The inaugural Africa Tourism Forum opened Monday, bringing together tourism professionals from over 20 countries to discuss the continent's vast potential and chart a path for sustainable growth. Egypt's…
Egyptian, Dutch Foreign Ministers raise alarm over humanitarian crisis in Gaza
Egyptian Foreign Minister Sameh Shoukry and Dutch Foreign Minister Hanke Bruins Slot discussed the escalating humanitarian and security crisis in the Gaza Strip in a phone call Tuesday, expressing deep…
“Aten Collection”: BTC Launches its Latest Gold Collection Inspired by Ancient Egypt
In the heart of Downtown Cairo, Bullion Trading Center - BTC unveiled its latest gold collection “Aten Collection” in the Tahrir-based Egyptian Museum. With such an outstanding atmosphere, the event…
Madinet Masr Launches “Tajed”, the First Integrated Commercial District at the Heart of its Flagship Project “Taj City”
Eng. Abdallah Sallam: Our real growth is not limited to the contruction of a spectacular commercial district, but by continually improving the standards of living of our community members which…
Egypt’s PM meets with pharmaceutical representatives, pledges support for growth
Egyptian Prime Minister Mostafa Madbouly met with government and private sector representatives of the pharmaceutical industry on Tuesday to discuss strategies for expanding exports and addressing industry challenges. "We recognize…
EFG Hermes secures stake in Danish fintech pioneer Kenzi Wealth
EFG Hermes, a subsidiary of EFG Holding and a premier investment bank in the MENA region, has announced its acquisition of a minority stake in Kenzi Wealth. In addition, EFG…