Trade Minister outlines strategies to boost investment
Trade and Industry Minister Ahmed Samir highlighted the government’s commitment to industrial growth and export enhancement through strategic partnerships with the private sector. The focus is on improving manufacturing capabilities…
GCC IPO activity down 73% YoY in Q1 2024, Saudi Arabia bucks trend
GCC initial public offerings (IPOs) raised $931m in the first quarter of 2024, a 73% decrease compared to the same period in 2023, according to a report by Kuwait Financial…
Egypt to host prestigious Arab financial summit on 22 May
There is collaborative synergy between Arab, international financial institutions, aimed at bolstering financing, technical support mechanisms for various nations: Al-Mashat
MSMEDA equips project owners for export through free training programme
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) is offering free training to project owners to prepare them for exporting their products. The "Step Towards Export" programme, implemented in…
Nasser Social Bank launches ‘Fatehit Kheir’ for micro-enterprise finance
Funding starts at EGP 4,000 to EGP 200,000, paid in monthly instalments
Mahmoud Mohieldin to address sustainable finance at UN Global Compact Forum
Mahmoud Mohieldin, the UN Climate Change High-Level Champion for Egypt and UN Special Envoy on financing the 2030 Sustainable Development Agenda will deliver a keynote address at the inaugural UN…
Egyptian consortium nears completion of Tanzania’s Julius Nyerere hydropower project
The Julius Nyerere Hydropower Plant And Dam in Tanzania, a collaborative effort between Egyptian companies Arab Contractors and El Sewedy Electric, is nearing completion, according to Assem El Gazzar, the…
Renewed clashes in Sudan’s Darfur: 27 civilians killed, hundreds displaced
Renewed clashes between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) in El Fasher, the capital of North Darfur, have left at least 27 civilians dead and…
Russia’s ‘Abzats’ and ‘Gyurza’: AI-Driven anti-drone warfare in Ukraine
Russia has deployed new artificial intelligence (AI)--powered anti-drone systems, Abzats and Gyurza, in the ongoing conflict in Ukraine. This marks a significant development in the increasing use of AI technology…
Egypt’s FM, US counterpart discuss humanitarian crisis in Gaza amidst Israeli military operations
Ministers stress importance of reopening crossings between Israel, Gaza to ensure unhindered delivery of aid