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World
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War in Ukraine
6/24/2024 2:52:05 PM
The European Union on Monday slapped new sanctions on Russia over the war in Ukraine, targeting Moscow’s shadow fleet of tankers moving liquefied natural gas through Europe as well as several companies.
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Egypt
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Courts & Law
6/22/2024 4:37:48 PM
Prime Minister Mostafa Madbouly ordered on Saturday the revocation of licenses for 16 tourism companies involved in making illegal pilgrimage arrangements for Egyptian Hajj hopefuls over the death of hundreds of Egyptian pilgrims during the 2024 Hajj season.
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Business
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Markets & Companies
6/11/2024 12:50:08 PM
360 export companies have received their overdue receivables under the seventh phase of the Immediate Cash Payment initiative, amounting to EGP 5 billion, Minister of Finance Mohamed Maait stated on Tuesday.
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Business
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Economy
6/6/2024 10:16:24 PM
US antitrust enforcers have decided to investigate the roles Microsoft, Nvidia, and OpenAI have played in the artificial intelligence boom, according to people familiar with the pending actions.
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Life & Style
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Health
6/5/2024 1:01:39 PM
The United Nations called on companies to set targets to improve the sexual and reproductive health of women employees, saying it could help increase productivity and reduce departures.
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Business
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Markets & Companies
6/4/2024 4:02:09 PM
Egyptian companies secured a significant share of investment licences issued by the Saudi Ministry of Investment in the first quarter of 2024, capturing 950 out of 3,157 licences, or 30 percent, according to a report published by the Saudi ministry on Tuesday.
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World
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War in Ukraine
5/23/2024 10:57:46 PM
Russian President Vladimir Putin on Thursday signed a decree allowing the confiscation of assets inside Russia belonging to the United States, its citizens and companies, to compensate those hit by Western sanctions against Moscow.
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Business
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Economy
5/23/2024 2:25:50 PM
Egypt’s New Urban Communities Authority (NUCA) has given the green light for the sale of land plots in eight cities to 34 foreign companies, all priced in US dollars, read a cabinet statement on Wednesday.
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World
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International
5/22/2024 1:22:16 PM
China said Wednesday it would impose sanctions on a number of US defence firms and several executives over Washington's "economic coercion" against Chinese companies and its sales of arms to Taiwan.
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Egypt
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Defence
5/2/2024 9:37:17 PM
Armed Forces Chief of Staff Lt. General Osama Askar returned to Egypt on Thursday after a visit to Turkey where he discussed security and military cooperation as well as visited defence companies including Bayraktar Defense, the Egyptian Armed Forces announced
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World
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International
4/24/2024 3:50:04 PM
The European Parliament on Wednesday backed the EU's withdrawal from an international energy treaty over concerns it offers too much protection to fossil fuel companies.
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World
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Region
4/23/2024 8:50:27 PM
The US ramped up its sanctions against Iran on Tuesday, designating four people and two companies it says were "involved in malicious cyber activity" on behalf of the country's military.
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Business
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Economy
4/17/2024 12:30:02 PM
Egypt’s government plans to complete the privatization of the state-owned companies within a period of 3 to 5 years, Minister of Finance Mohamed Maait stated to Asharq News.
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World
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International
4/11/2024 4:19:19 PM
China on Thursday announced rare sanctions against two US defense companies over what it called their support for arms sales to Taiwan, the self-governing island Beijing claims as its own territory.
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Business
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Tech
4/8/2024 5:32:06 PM
Minister of International Cooperation Rania Al-Mashat recently attended the graduation ceremony for 20 startup companies as part of the Orange Corners programme.
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Business
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Economy
3/29/2024 6:09:44 PM
The exchange companies affiliated with Egypt's three largest state-owned banks have collected foreign currency proceeds surpassing EGP 7.5 billion in total since the devaluation of the Egyptian pound on 6 March, the companies' chiefs told the state news agency MENA.
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Business
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Tech
3/28/2024 3:39:02 PM
The Ministry of Communications and Information Technology (MCIT) signed contracts on Thursday for the design and development of CPE routers in Egypt with three private companies.
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Business
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Economy
3/27/2024 1:54:36 PM
The General Authority for the Economic Zone of the Suez Canal and the French-owned Saint-Gobain Egypt Glass Companies Alliance signed a framework agreement to build a flat glass factory in the industrial zone of Ain Sokhna, the cabinet said on Wednesday.
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Business
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Economy
3/26/2024 6:57:56 PM
Hossam Heiba, executive director of the General Authority for Investment and Free Zones (GAFI), granted on Tuesday golden licenses to six companies implementing projects worth EGP 5.6 billion (just over $117 million), bringing the total number of projects receiving golden licenses to 29.
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World
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Region
3/20/2024 9:57:08 PM
The US Treasury Department imposed sanctions Wednesday against two people and their Russia-based companies it accused of supporting a Kremlin-directed disinformation campaign involving the impersonation of legitimate news websites.
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