Iraqi Prime Minister urges Egyptian, Saudi businessmen to invest in tourism, hospitality
Iraqi Prime Minister Mohammed S. Al-Sudani recently met with a delegation of Egyptian and Saudi businessmen. During the meeting, he encouraged them to invest in tourist resorts, hotels, and recreational…
Egypt’s Electricity Minister unveils action plan to boost renewables, efficiency, grid modernisation
Mahmoud Essmat, Egypt's Minister of Electricity and Renewable Energy, presented the Ministry's action plan to a parliamentary committee overseeing the government's program. The plan prioritises improving service quality, ensuring a…
Egypt targets 170% petrochemical output increase, $2.1bn in exploration investments
Egypt's Ministry of Petroleum and Mineral Resources outlined plans to significantly boost petrochemical production capacity and attract $2.1bn in exploration investments during the fiscal year 2024/25. The Ministry aims to…
Serbian President vows to strengthen ties with Egypt, announces direct flights at Business Forum
Vucic invites Egyptian companies to participate in Expo 2027 in Belgrade
Serbia-Egypt Business Forum paves way for stronger economic ties
Serbian and Egyptian officials, business leaders, and representatives from both chambers of commerce gathered on Sunday for the Serbia-Egypt Business Forum. Held under the auspices of Presidents Abdel Fattah Al-Sisi…
Egypt, France address Gaza crisis, Lebanon instability
Egyptian Foreign Minister Badr Abdelaty met with French Presidential Advisor for the Middle East Anne-Claire Legendre on Saturday to discuss critical regional issues, including the conflict in Gaza, the situation…
Opinion| Impact of negative interest rates on economy, citizens
Negative interest rates pose a significant challenge for central banks, necessitating effective strategies and policies to mitigate their adverse effects on the economy. Negative interest rates represent an unconventional economic…
Rotana expands in Egypt with Palma Bay resort opening in North Coast
Project has total investment of EGP 1.5bn
Middle Eastern businesses face growing challenges in ethical AI integration
The rapid digital transformation sweeping the Middle East presents both opportunities and challenges for businesses integrating artificial intelligence (AI) technologies. While advancements in generative AI models, such as ChatGPT, offer…
Egyptian Minister visits Nasr Automotive, signalling government support for industry revival
Egypt's Minister of the Public Enterprise Sector Mohamed Shimi visited Nasr Automotive Company (NAC) on Saturday, in a move underlining the government's commitment to revitalising Egypt's automotive sector. The visit…