Friday 20 backend.Sep

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Libya tops African oil producers
2024/08/11

Libya tops African oil producers

Libya topped African countries in oil production in 2023, with a daily output of 1.189 million barrels, according to OPEC data. Nigeria followed closely behind...

Samsung leaps ahead in electric vehicle race
2024/08/08

Samsung leaps ahead in electric vehicle race

Samsung has unveiled plans to develop groundbreaking batteries for electric vehicles that could redefine the industry. The tech giant claims these batteries will feature unprecedented...

Ras El Hekma deal reshapes North Coast investment
2024/08/08

Ras El Hekma deal reshapes North Coast investment

The North Coast has experienced a surge in investment activity over the past few months. The substantial Ras El Hekma deal has reshaped the region's...

Egypt to build new wind farm with Masdar investment
2024/08/08

Egypt to build new wind farm with Masdar investment

Ministry of Electricity and Renewable Energy is poised to sign an agreement with Abu Dhabi Future Energy Company (Masdar) this quarter to initiate a wind...

Egypt, UAE in talks for mega industrial zone
2024/08/08

Egypt, UAE in talks for mega industrial zone

Egypt and the UAE held talks to establish a large Emirati industrial zone within Egypt. The zone aims to meet domestic demand and facilitate exports....

El-Mashat meets with IMF to enhance National Accounts System
2024/08/08

El-Mashat meets with IMF to enhance National Accounts System

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, held a virtual meeting with Ms. Elrigita Bibai, Regional Advisor on National Accounts at...

Egypt disburses EGP 1.9 billion to support 560 exporters
2024/08/08

Egypt disburses EGP 1.9 billion to support 560 exporters

Minister of Finance, Ahmed Kouchouk said that the Egyptian government will disburse a new installment of 1.9 billion Egyptian pounds to 560 exporting companies on...

Kouchouk: Diversification, Ras Al Hikma boost Egypt's non-tax revenue by 190%
2024/08/06

Kouchouk: Diversification, Ras Al Hikma boost Egypt's non-tax revenue by 190%

In the first press conference after assuming responsibility, Ahmed Kouchouk, Minister of Finance, announced the financial performance results for the year 2023/2024.