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Business
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Markets & Companies
5/11/2025 2:15:15 PM
At the RiseUp Summit 2025 on Saturday, General Authority for Investment and Free Zones (GAFI) CEO Hossam Heiba announced that export-focused service startups can now set up headquarters in Egypt’s free zones with full tax and customs exemptions.
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Advertising
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Sponsored
4/9/2025 1:27:34 PM
Cairo, Egypt – [April 9 2025] — As part of the official visit of French President Emmanuel Macron to Egypt, Orange Egypt Chief Executive Officer Eng. Yasser Shaker outlined the company’s strategic commitment to advancing artificial intelligence (AI) innovation and digital transformation across Egypt, during a high-level panel at the Egypt-France Business Forum.
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Business
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Economy
4/7/2025 2:28:45 PM
French investments in Egypt have exceeded $7 billion, making France one of the country’s key partners and creating over 50,000 jobs through more than 180 French companies operating in the market, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), said Monday.
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Egypt
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Politics
4/6/2025 6:13:36 PM
President Abdel-Fattah El-Sisi reviewed on Sunday with Mr. Henri Poupart-Lafarge, Chairman and CEO of French Alstom Group, the progress of several transportation projects the company is undertaking in Egypt and efforts to localise railway manufacturing.
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Sports
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World
3/29/2025 8:18:18 PM
Bayern Munich CEO Jan-Christian Dreesen doubled down on his criticism of Canada Soccer on Saturday, saying their handling of Alphonso Davies' injury was "astonishing".
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World
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Africa
3/17/2025 2:59:06 PM
The European Union imposed sanctions on Monday on three senior Rwandan military commanders and the head of Kigali's state mining agency over the offensive by M23 fighters in the DR Congo.
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Business
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Economy
3/13/2025 5:17:37 PM
Minister of Industry and Transport Kamel El-Wazir and shipping solutions provider MSC Group CEO Soren Toft signed a Memorandum of Understanding (MoU) to deepen cooperation in the management and operation of seaports, dry ports, railway freight facilities, and logistics zones, per a statement on Tuesday.
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Business
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Economy
2/21/2025 2:14:48 PM
The semiconductor industry is expected to reach $1 trillion in revenue by 2030 globally, underscoring its pivotal role in driving innovation, Jodi Shelton, Co-Founder and CEO of the Global Semiconductor Alliance (GSA), said on Thursday.
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Business
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Markets & Companies
2/20/2025 4:38:01 PM
Egypt is a strategic and core market for Uber in the Middle East and North Africa (MENA) region with a bold economic atmosphere, Youssef Abouseif, the company's general manager for Egypt, KSA, and Bahrain, told Ahram Online (AO).
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World
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International
2/3/2025 10:12:48 AM
The U.S. Agency for International Development is on the cusp of being shuttered, according to the Trump administration's billionaire adviser and Tesla CEO Elon Musk — who has been wrestling for control of the agency in recent days.
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Egypt
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Tourism
1/28/2025 4:38:08 PM
Egypt is set to inaugurate the Grand Egyptian Museum (GEM), the world's largest museum, on 3 July, CEO of the GEM Authority Ahmed Ghoneim told ON TV on Monday.
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Business
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Economy
1/27/2025 1:30:35 PM
Egypt is preparing tailored incentive programmes to support young Sudanese entrepreneurs in coordination with all relevant Egyptian and Sudanese authorities involved in the investment sector, Hossam Heiba, CEO of the General Authority for Investments and Free Zones (GAFI), announced Sunday.
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Business
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Energy
1/23/2025 10:02:22 PM
Claudio Descalzi, CEO of the Italian energy company Eni, announced that the drilling rig for the Zohr gas field is expected to arrive in Egypt by 28 or 29 January to resume operations.
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Business
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Economy
1/6/2025 5:43:52 PM
Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), reaffirmed MSMEDA’s commitment to strengthening its cooperation with the United Nations Development Programme (UNDP) in the upcoming phase to boost the MSME sector in Egypt.
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Business
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Tech
12/24/2024 6:47:56 PM
Mideast Communication System (MCS) CEO Tarek Shabaka told Ahram Online that Egypt's cybersecurity industry is now valued at EGP 15 billion (over $295 million), its digital infrastructure is developing, and digital transformation is witnessing a boom.
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Business
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Economy
12/20/2024 6:42:38 PM
CEO of Access Health International Krishna Reddy announced that the company aims to foster investment in Egypt's healthcare system and promote opportunities in the Egyptian health sector globally, according to a statement released by the General Authority for Investment and Free Zones (GAFI) on Thursday.
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Business
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Tech
12/17/2024 3:29:12 PM
While the e-sports industry in the Middle East and North Africa (MENA) region was valued at $7.2 billion in 2023, with approximately 70 million gamers, Egypt occupied 58 percent of this market, said CEO of eProjects LLC Sherif Elbassiouny.
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Business
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Economy
12/17/2024 3:20:54 PM
Hossam Heiba, CEO of the General Authority for Investments and Free Zones (GAFI), held discussions with Chinese Luthai Group, the largest global producer of dyed fabrics and shirts, regarding their plan to establish their first factory in Egypt with an investment of $385 million, according to a statement by the Egyptian cabinet on Monday.
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Business
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Economy
12/17/2024 12:44:32 PM
Ahram Online (AO) exclusively interviewed Standard Chartered Egypt CEO Mohamed Gad to discuss how the bank perceives the Egyptian economy in 2025.
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World
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International
12/15/2024 11:36:36 AM
US President-elect Donald Trump on Saturday named loyalist Devin Nunes, who heads his social media platform Truth Social, to serve as chairman of a White House intelligence advisory board.
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