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Business
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Markets & Companies
8/29/2024 4:43:30 PM
Egyptian Stock Exchange indices recorded collective increases at the closing of Thursday's trading session prompted by news on some leading companies' expansion plans in the real estate and industry market.
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Egypt
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Tourism
8/27/2024 10:22:41 PM
Prime Minister Mostafa Madbouly ordered on Tuesday the revocation of licenses for 36 tourism companies involved in making illegal Hajj arrangements for Egyptian pilgrimage hopefuls after the death of hundreds of Egyptian pilgrims during the 2024 Hajj season.
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World
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International
8/25/2024 7:15:59 PM
China on Sunday expressed its opposition to the latest US sanctions on Chinese companies over their alleged ties to Russia's war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country's businesses.
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Business
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Energy
8/18/2024 1:27:53 PM
Prime Minister Mostafa Madbouly witnessed the signing of two agreements to establish a 200-megawatt (MW) windmill in the Gulf of Suez between the Egyptian Electricity Transmission Company (EETC), the New and Renewable Energy Authority (NREA), and the consortium of Masdar and Infinity companies on Saturday.
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Business
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Markets & Companies
8/15/2024 3:26:02 PM
Egyptian Fawry for banking technology and electronic payments is finalizing deals with Saudi companies to operate in Saudi Arabia by the end of 2024, according to CEO Ashraf Sabry in an interview with Asharq Business.
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Al-Ahram Weekly
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Economy
8/13/2024 9:56:55 PM
Safeya Mounir reports on market sectors that could be affected by the recent rise in fuel prices
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Business
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Tech
8/12/2024 1:47:02 PM
Mobile manufacturing companies in Egypt have achieved a production capacity of 11.5 million units with a total investment of $87.5 million, providing 2,050 job opportunities, with these numbers currently increasing in light of new expansions, Minister of Communications and Information Technology Amr Talaat said.
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Business
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Economy
8/11/2024 9:14:09 PM
Eighty to 100 pharmaceutical companies applied to the Egyptian Drugs Authority (EDA) to increase the price of medicines by an average of 25-30 percent, the Head of the Pharmaceuticals Division at the Federation of Chambers of Commerce Ali Ouf told Ahram Online.
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Business
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Economy
8/8/2024 2:32:31 PM
The Ministry of Finance will disburse EGP 1.9 billion on Thursday 8 August to 560 exporting companies that benefit from the government’s export support, as part of the seventh round of the Immediate Cash Payment initiative, Minister of Finance Ahmed Kouchouk said in a statement.
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Egypt
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Foreign Affairs
8/7/2024 7:55:00 PM
Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty stressed on Wednesday the need for joint efforts to reassure international shipping companies and ensure a safe environment for ship passage in the Red Sea.
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Business
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Economy
8/6/2024 8:37:06 PM
Minister of Finance Ahmed Kouchouk said Tuesday Egypt is targeting $2 to 2.5 billion from the Initial Public Offering (IPO) program for state-owned companies through the FY2024/2025.
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World
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International
7/30/2024 8:39:12 PM
The United States sanctioned five people and seven companies in China and Iran on Tuesday, accusing them of aiding Tehran's ballistic missile and drone programs.
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World
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International
7/20/2024 10:25:18 AM
Much of the world faced online disarray Friday as a widespread technology outage affected companies and services across industries — grounding flights, knocking banks and hospital systems offline and media outlets off the air.
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World
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Africa
7/19/2024 3:36:35 PM
Kenyan flag carrier Kenya Airways said on Friday it was experiencing disruptions to its booking system, echoing widespread technical problems reported by companies across the globe.
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World
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International
7/19/2024 12:34:41 PM
A major outage wrought havoc on global computer systems on Friday, grounding flights in the United States, derailing television broadcasts in the UK and impacting telecommunications in Australia.
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Business
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Tech
7/19/2024 12:16:11 PM
A widespread Microsoft outage disrupted flights, banks, media outlets and companies around the world on Friday.
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Business
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Economy
7/18/2024 2:56:14 PM
In a meeting with Minister of Public Business Sector Mohamed Shimy to discuss cooperation options and investment opportunities between Norway and Egypt, Norwegian ambassador to Egypt Hilde Klemetsdal stated Thursday that Norwegian companies are highly interested in expanding their investment in the Egyptian market.
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Business
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Markets & Companies
7/16/2024 7:05:02 PM
Iraqi authorities called on international private sector companies to bid for the expansion and operation of Baghdad's international airport after years of neglect in the conflict-scarred country.
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Al-Ahram Weekly
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Opinion
7/16/2024 4:46:27 PM
A handful of Western technology companies dominates the minds of billions of people across the world through their control of the new
digital media, writes Gamal Abdel-Azim
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Al-Ahram Weekly
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Economy
7/13/2024 3:10:00 PM
Al-Ahram Weekly takes a closer look at the performance of the Egyptian stock market and listed companies during the first half of this year.
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