ACUD chief meets NAC developers to discuss sector challenges, facilities
Khaled Abbas, Chairperson of Administrative Capital for Urban Development (ACUD), met on Wednesday with board members of the New Cairo and New Administrative Capital Developers Association. The meeting discussed…
GAFI collaborates with communications ministry to upgrade service platform: Heiba
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), announced Wednesday that the authority collaborated with the Ministry of Communications and Information Technology to upgrade its…
Egypt-Germany trade exchange reaches $2.5bn in H1 2024: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced Wednesday a 4.2% increase in the trade exchange between Egypt and Germany, reaching $2.5bn during the first half of 2024,…
IRSC Signs Contract with Oriental Weavers to Install 2.5 MWP Solar Power Plant at 10th of Ramadan Factories
"IRSC” Innovative Renewable Solutions Company is proud to announce the signing of a strategic agreement with “Oriental Weavers”, the world’s leading manufacturer of woven carpets, to design and install a…
Instant payments, A2A payments poised to reshape global landscape: Capgemini World Payments Report
The global payments industry is on the cusp of a major transformation, driven by the rapid adoption of account-to-account (A2A) instant payments, according to the Capgemini Research Institute's World Payments…
Al-Sisi, Germany’s Steinmeier discuss bilateral relations, Gaza crisis
Egypt’s President Abdel Fattah Al-Sisi received on Wednesday his German counterpart Frank-Walter Steinmeier. The two presidents held a closed session of talks followed by a meeting between the two countries'…
VS-FILM: Empowering Arab cinema, showcasing authentic stories
The Très Court International Film Festival in France is renowned for its artistic and cultural impact, particularly in short films. This esteemed reputation has led to the creation of the…
Egypt extends deadline for illegal residents to regularise status, cabinet approves strategic projects
The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, approved a one-year extension for foreigners residing in Egypt illegally to regularise their status during its meeting on Wednesday. This decision…
Mortgage finance for housing projects reaches EGP 74bn
Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, chaired Tuesday a meeting of the Board of Directors of the Social Housing and Mortgage Support Fund, during which several files…
Fawry acquires majority stake in Svreico building in Smart Village
Fawry, Egypt's leading digital payments company, has acquired an 80% stake in Svreico’s administrative building in the Smart Village, marking a significant expansion of their partnership. The move gives Fawry…