Opinion| Tax on Billionaires: A Political Vaccine Against the Extreme Right
Extremism and polarisation have grown in strength, especially in Europe, Latin America and the United States. This was evident in the recent European Parliament elections, where the rise of the…
Egyptian Real Estate Platform signs commercial agreement with New Avenue
The Egyptian Real Estate Platform has entered into a strategic commercial agreement with New Avenue for real estate consultancy. Under this agreement, 300 real estate agents will be listed on…
Trade Minister, global companies discuss expansion plans in Egyptian market
Egyptian Minister of Trade and Industry, Ahmed Samir, has engaged in a series of meetings with officials from various global companies. These companies are either interested in investing in Egypt…
EU investment guarantees boost FDI in Egypt
Minister of International Cooperation Rania Al-Mashat and Director-General of the European Commission, Gert Jan Koopman, have convened a high-level roundtable. The focus was on introducing an investment guarantee mechanism valued…
ADCB grants EGP 1.45bn to Al Dawlia Developments for new project in New Cairo
Abu Dhabi Commercial Bank (ADCB) recently finalized a financing agreement with Al Dawlia Developments, extending a credit facility of EGP 1.45bn over five years. This financial support will bolster the…
Egypt advances green economy with clear legislation, incentives, and private sector engagement: Environment Minister
Yasmine Fouad, Egypt’s Minister of Environment, recently highlighted the country’s commitment to the green economy. Through well-defined legislation and incentives, Egypt aims to promote sustainable practices and engage the private…
BP joins consortium for green hydrogen development in Egypt
BP has signed a Joint Development Agreement (JDA) to join an existing consortium comprising Masdar, Hassan Allam Utilities, and Infinity Power. The goal is to explore the potential development of…
Al Baraka Bank grants Raya credit line of up to EGP 550m or equivalent in foreign currencies
Hegazy affirms Al Baraka Bank's commitment to supporting development of technology sector in Egypt
MSMEDA launches new product to support innovative, technological entrepreneurship projects
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has introduced a groundbreaking product to empower young entrepreneurs. This initiative provides financial and non-financial services to facilitate the establishment and…
Israeli prisons receive over 5k Palestinians arrested in Gaza, West Bank since Oct. 7
The Israeli Prison Service reported on Monday that it has received over 5,000 Palestinians who were arrested in Gaza and the West Bank since 7 October 2023. The Israeli agency…