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Business - Economy
10/2/2023 10:45:46 AM
Egypt is planning to offer silver licenses for startup companies before the end of 2023, said Hossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI), on Sunday.

Business - Economy
9/30/2023 8:16:30 PM
Egypt recorded a 10 percent increase year-on-year in foreign direct investment (FDI) inflows by the end of FY2022/23, Hossam Heiba, CEO of Egypt's General Authority for Investment and Free Zones (GAFI), said on Saturday.

Business - Markets & Companies
9/27/2023 2:37:31 PM
Chief Executive Officer (CEO) of Micro, Small and Medium Enterprise Development Agency (MSMEDA) Bassel Rahmy signed two contracts totaling EGP 110 million with CEO of Contact Financial Holding Saeed Zaatar, according to a press release.

Business - Tech
9/21/2023 6:10:20 PM
This decade is the time for Africa to be a part of global supply chains, to have greater access to artificial intelligence (AI) solutions, and to boost its digital transformation process, said Intel CEO Patrick P. Gelsinger.

Business - Economy
9/20/2023 10:31:05 PM
Egypt has increased its economic growth rate target for the fiscal year (FY) 2023/2024 to 4.4 percent from the previously targeted 4.1 percent, said Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), on Wednesday.

Egypt - Society
9/14/2023 6:20:22 PM
Sherif Sedqy, CEO of the Egyptian Space Agency (EgSA), announced that the remote sensing MisrSat-2 satellite, assembled and tested in Egypt, is ready to launch in December 2023, monitoring climate changes, desertification and land degradation.

Business - Energy
9/3/2023 8:57:39 PM
Italian energy giant Eni announced intentions to invest $7.7 billion in Egypt over the next four years to develop the company's exploration and production operations in the country, a statement by the Egyptian Presidency cited Eni's CEO Claudio Descalzi as saying on Sunday.

Business - Economy
9/3/2023 11:54:40 AM
Ayman Bazaraa, CEO and Co-Founder of Egypt-based education and training solutions provider Sprints, has made the top 10 list of the Africa's Business Heroes (ABH) Prize Competition, which concluded on Saturday in the Rwandan capital Kigali.

Business - Economy
9/2/2023 8:44:16 PM
Hossam Heiba, CEO of Egypt's General Authority for Investment and Free Zones (GAFI), announced that Egypt secured the top spot in Africa in terms of the value of incoming foreign direct investments (FDI) in 2022.

Sports - World
8/30/2023 2:34:21 PM
Bayern Munich defender Benjamin Pavard will undergo medical tests at Inter Milan on Wednesday ahead of an expected transfer to the Italian club.

Business - Energy
8/29/2023 1:45:31 PM
Global energy giant British Petroleum (BP) is planning to invest $3.5 billion in the exploration and development of natural gas resources in Egypt over the next three years, CEO Bernard Looney stated on Monday.

Business - Energy
8/20/2023 9:28:56 PM
The US-based energy company Apache Corporation plans to invest around $1.4 billion in Egypt in 2024, stated John Christmann, CEO and President of Apache's parent company APA Corporation, during a meeting with Egyptian Prime Minister Mostafa Madbouly.

Advertising - Sponsored
8/16/2023 4:05:03 PM
‘To accelerate the decarbonization process and build long-term value for everyone, we need a data-centric, AI-enhanced approach to the energy value chain’, says Caspar Herzberg, CEO of AVEVA.

Business - Economy
8/14/2023 5:58:08 PM
Egypt's General Authority for Investment and Free Zones (GAFI) is planning to promote its new online platform for establishing companies in Egypt to the Arab World and globally, GAFI Vice CEO Yasser Abbas said in a statement on Monday.

Business - Markets & Companies
8/12/2023 11:44:22 PM
Managing Director and CEO of Egypt’s Eastern Tobacco Company (Eastern Company) Hany Aman announced on Saturday that the company will provide 50 million more cigarettes daily starting Sunday to end the current cigarette crisis.

Business - Markets & Companies
8/7/2023 8:20:26 PM
Azimut Egypt is considering launching an investment fund for Egyptian expats to attract subscriptions in foreign currency, Ahmed Abou El-Saad, CEO & Managing Director of Azimut Egypt, said in a statement on Monday.

Business - Tech
7/24/2023 10:50:09 PM
OpenAI chief executive Sam Altman on Monday launched the Worldcoin crypto project that relies on an eye scan to verify a user's identity.

Business - Economy
7/16/2023 6:11:10 PM
Egypt's Prime Minister, Mostafa Madbouly, announced during a meeting with Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), that the government is considering building three new free zones.

Advertising - Sponsored
7/13/2023 6:31:15 PM
AW- Saint-Gobain is an international group with a French origin and global presence in 75 countries with sustained development in emerging countries.

Business - Tech
7/6/2023 11:01:13 AM
More than 10 million people have signed up to Threads, Meta's rival to Twitter, within the first few hours of its launch, the Facebook parent's CEO Mark Zuckerberg said Thursday.

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