Friday 22 Nov

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Egypt and Germany partner to export green hydrogen to Europe
2024/11/12

Egypt and Germany partner to export green hydrogen to Europe

Engineer Mohamed Shimy, Minister of Public Business Sector, met with a delegation from German companies and the German-Arab Chamber of Industry and Commerce to explore...

Egypt requests increased IMF loan disbursement
2024/11/12

Egypt requests increased IMF loan disbursement

Informed sources familiar with the ongoing fourth review between Egypt and the International Monetary Fund (IMF) revealed today, Tuesday, that Egypt has requested an increased...

Talaat Moustafa's Banan Project a hit at Cityscape Global 2024
2024/11/12

Talaat Moustafa's Banan Project a hit at Cityscape Global 2024

Talaat Moustafa Group's (TMG) pavilion at Cityscape Global 2024 was a major draw for customers and industry professionals alike due to the diverse range of...

Malaysia, Egypt to cooperate on chip production
2024/11/11

Malaysia, Egypt to cooperate on chip production

Engineer Hassan Al-Khatib, Egypt’s Minister of Investment and International Trade, participated in a high-level roundtable meeting hosted by the Malaysian Embassy in Cairo. The meeting...

Oil prices decline following China's disappointing stimulus plan
2024/11/11

Oil prices decline following China's disappointing stimulus plan

Oil prices dipped on Monday after China announced a stimulus package that fell short of expectations.

Tesla hits trillion-dollar after Trump win
2024/11/11

Tesla hits trillion-dollar after Trump win

Elon Musk's electric vehicle company, Tesla, reclaimed its $1 trillion market valuation on Friday for the first time since 2022.

Jumia, Premium Card partner to enhance E-commerce experience
2024/11/11

Jumia, Premium Card partner to enhance E-commerce experience

Jumia, Egypt's leading e-commerce platform, has formed a strategic partnership with Premium International for Financial Services (Premium Card), a specialized provider of diverse payment solutions....

Orascom generates 5 billion EGP from hotels, commercial assets
2024/11/11

Orascom generates 5 billion EGP from hotels, commercial assets

Orascom Development Egypt has announced significant growth in its recurring revenue, primarily driven by its hotel and commercial assets. These segments contributed 5 billion Egyptian...