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Business
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Economy
12/14/2023 2:05:05 PM
Global trade is projected to decline by 4.5 percent year-on-year (YoY), or $1.5 trillion, by the end of 2023, to reach $31 trillion, according to the United Nations Conference on Trade and Development (UNCTAD).
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Opinion
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12/9/2023 6:02:12 PM
Just over a year ago, analysts and think tanks were confidently churning out projections on international affairs in 2023.
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Business
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Energy
12/5/2023 5:47:40 PM
The Egyptian Suez Canal Economic Zone (SCZone) has recently signed a strategic cooperation agreement with Egypt-based Injazat Company and Chinese CHINT Global, to establish an industrial complex for green energy within the SCZone, covering a substantial area of 2 million square metres, according to a statement on Tuesday.
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Business
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Economy
12/4/2023 4:04:21 PM
Egypt has revised down its growth projection for FY 2023/2024 to 3.5 percent, Hala El-Said, minister of planning and economic development, said on Monday.
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Business
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Economy
12/3/2023 6:49:51 PM
The Egyptian government is currently reviewing partnership offers worth EGP 8 billion ($258 million) from investors in the real estate sector, Mahmoud Esmat, Minister of Public Business Sector, said on Sunday.
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Business
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Energy
12/3/2023 5:34:30 PM
The Egyptian Suez Canal Economic Zone (SCZONE) and the Ministry of Electricity and Renewable Energy signed agreements with Norwegian energy company Scatec, and a group of international financial institutions including the African Development Bank (AfDB) and British International Investment (BII) to launch three green energy projects in Egypt.
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Business
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Energy
12/3/2023 5:34:07 PM
Egypt has signed a memorandum of understanding (MoU) with the Norwegian company Scatec ASA to supply ships with green fuel in East Port Said, with investments worth around $1.1 billion.
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World
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Region
12/2/2023 10:12:05 AM
The United Arab Emirates said Friday it is launching a new $30 billion private investment fund focused on climate projects in developing countries.
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Life & Style
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City Lights
11/30/2023 2:14:17 PM
The project provided new kindergarten facilities to Salah El-Din Primary School in the Ezbet El-Haggana area, Cairo, enabling it to accept preschool children and offer an appropriate curriculum for primary education.
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Business
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Markets & Companies
11/27/2023 5:26:10 PM
Egypt's Administrative Capital for Urban Development Company (ACUD) targets a projected profit of EGP 26 billion by the end of 2023, which surpasses the EGP 20 billion in profits achieved in 2022, Chairman Khaled Abbas said on Monday.
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Business
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Markets & Companies
11/26/2023 3:53:54 PM
APM Investment Holdings, a subsidiary of the Egyptian ASEC Company for Mining (ASCOM), sold 35 percent of its share in Kurmuk Gold Project in Ethiopia to Allied Gold Corporation (AGC), a Canadian company, for a total of $99.6 million, according to a bourse filing on Sunday.
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Life & Style
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Health
11/19/2023 6:19:05 PM
More common droughts will put millions at risk of starving, mosquitoes spreading farther than ever before will take infectious diseases with them, and health systems will struggle to cope with the burden, the researchers warned.
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Business
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Economy
11/19/2023 4:19:21 PM
Saudi investments in Egypt reached $6.3 billion in 7,444 projects in sectors such as industry, construction, tourism, services, and telecommunications, among others, said Minister of Trade and Industry Ahmed Samir.
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Business
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Energy
11/16/2023 8:51:19 PM
The Egyptian Electricity Transmission Company (EETC) and Belgium’s Jan De Nul signed a memorandum of understanding (MoU) to study a project to export renewable energy to Europe, according to a cabinet statement on Thursday.
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Business
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Economy
11/16/2023 4:06:09 PM
Egypt signed a binding framework agreement with Global Auto to launch a car assembly project in Egypt, read a cabinet statement on Thursday.
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Al-Ahram Weekly
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Heritage
11/14/2023 10:33:38 PM
Egypt’s first site museum is to reopen soon as part of a larger project to enhance the tourist experience at the Saqqara Necropolis outside Cairo, reports Nevine El-Aref
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Business
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Economy
11/14/2023 6:33:52 PM
Egypt's exports to African nations are expected to increase by 10 percent, reaching $5.5 billion by the end of 2023, Sherif El-Gabaly, chairman of the Egyptian Chamber of Chemical Industries at the Federation Of Egyptian Industries (FEI), said on Tuesday.
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Business
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Economy
11/12/2023 5:38:37 PM
Egypt's Ministry of Finance has secured $500 million in financing from Deutsche Bank, Bahrain-based bank ABC, and Kuwait-based Arab Investment and Export Credit Guarantee Corporation, known as "Dhaman", the ministry announced in a statement on Sunday.
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Arts & Culture
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Music
11/11/2023 10:38:31 PM
The ongoing Israel's war on Gaza prompted numerous artists in Egypt and from across the Arab world to express their thoughts through music. Shaabi singers, rappers, The Choir Project, amateurs and professionals, are among dozens of artists who began uniting to support Palestine.
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Business
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Markets & Companies
11/7/2023 2:02:21 PM
Orascom Construction signed two contracts with the National Authority for Tunnels (NAT) to contribute to two major transportation projects in Egypt, the Greater Cairo Metro fourth line and the high-speed train, according to a bourse filing on Tuesday.
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