Opinion| Palestinian blood and sharing of gains between Hamas and Fatah
The situation before us is complex and troubling, reflecting the challenges faced by the Palestinian people. This is not solely due to the conflict with Israel but also stems from…
Ministry of Petroleum, Honeywell explore green fuel collaboration
Minister of Petroleum and Mineral Resources, Tarek El Molla, welcomed a delegation from Honeywell International, led by Khaled Hashem, President of Honeywell Egypt for the Middle East and Africa. The…
Three Egyptian exchange companies garner EGP 6.479bn post local currency liberalisation
Since the liberalization of the exchange rate on 6 March up to the present, three exchange companies linked with government banks have gathered a total of EGP 6.479bn in foreign…
Total foreign exchange receipts reach $121.9bn in 2022/23
The Central Agency for Public Mobilization and Statistics (CAPMAS) issued the Annual Bulletin of Foreign Exchange Receipts and Payments Statistics for 2022/2023. The total foreign exchange receipts amounted to $121.9bn…
MSMEDA launches ‘Aziza’ initiative to empower women entrepreneurs in Egyptian governorates
Focusing on industrial, productive, and agricultural projects with local and international competitive potential
Financial Markets play pivotal role in facilitating green transition: AFCM
85% of investors believe that adhering to sustainability standards enriches financial portfolios
Middle East poised for dealmaking boom in 2024, driven by diversification, says PwC Report
The Middle East's dealmaking landscape is set for a surge in 2024, fuelled by heightened investor interest and a focus on economic diversification and decarbonisation, according to PwC's latest TransAct…
Significant surge in Egypt’s engineering exports during February
Engineering Export Council of Egypt (EEC) announced an increase in engineering industries exports in February 2024, recording the highest monthly figure in the history of engineering exports, reaching $459m, compared…
GAFI grants six new golden licences for projects worth EGP 5.6bn
Government’s role includes coordinating with all concerned authorities to facilitate all procedures: Heiba
Companies invest more than $100k yearly to upskill their cybersecurity teams
Over 70% of businesses pay more than 100.000$ for additional training annually to keep skills of their cybersecurity employees up to date, a recent Kaspersky study has revealed. However, the…