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
Egypt is among largest countries of operations for IFC: Al-Mashat
Egypt’s strategic partnership with IFC bolsters private sector with $9bn investment
Shoukry affirms mechanisms in place for Egyptian-Israeli treaty compliance
Slovenian Foreign Minister denounces Israel’s starvation tactics in Gaza
Egypt expresses solidarity with South Africa’s legal action against Israel at ICJ
Egypt has declared its support for South Africa’s legal action against Israel at the International Court of Justice (ICJ), which seeks to address alleged violations by Israel of the Genocide…
Empowering Egypt’s economy: IFC, World Bank spearhead private sector growth, development initiatives
During the “IFC Day in Egypt” conference, Minister of Trade and Industry Ahmed Samir joined a host of ministers, senior officials, and Egypt’s business community leaders. The IFC, a World…
Banque du Caire secures $100m financing deal with IFC
In a move that strengthens the enduring partnership between Egypt and the International Finance Corporation (IFC), a significant financing agreement was endorsed. Rania Al-Mashat, Egypt’s Minister of International Cooperation and…
Private sector investments reach 40% of total: Egypt’s Planning Minister
Egypt's private sector investment share has risen to 40% in the current fiscal year, and the government aims to increase this to 50% in the next fiscal year, according to…