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Al-Ahram Weekly
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Egypt
6/3/2023 9:05:00 AM
More than 1,000 healthcare experts will meet in Cairo to discuss ways to improve health services in Africa.
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Business
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Economy
5/28/2023 2:07:46 PM
The Egyptian Ministry of Public Enterprise is preparing a comprehensive roadmap offering investment opportunities within its subsidiary companies, according to a statement on Sunday.
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Business
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Markets & Companies
5/25/2023 6:51:22 PM
Shanghai Shengda, a Chinese company specializing in the production of ready-to-wear clothing and accessories, signed a letter of intent, which was handed to the Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din, to establish a factory in Egypt worth $20 million.
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Business
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Economy
5/25/2023 4:01:49 PM
Two Chinese companies presented an offer to the Egyptian government to launch a $300 million steel complex at the Suez Canal Economic Zone (SCZone), according to a statement on Wednesday.
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Business
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Economy
5/22/2023 10:28:31 PM
Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), Walid Gamal El-Din, stressed that the zone provides direct and indirect incentives for investors to operate in the country.
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Egypt
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Tourism
5/22/2023 5:32:31 PM
Fifty-five hot air balloons, carrying 1,500 tourists from various countries, adorned the sky over Luxor on Monday, said Head of the Egyptian Federation of Hot Air Ballooning Companies in Luxor Ahmed Aboud.
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Business
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Economy
5/21/2023 1:04:58 PM
The Ministry of Interior announced that it would grant one-year residencies to foreign investors establishing companies or economic entities in Egypt, reported the State Information Service on Saturday.
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Al-Ahram Weekly
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Egypt
5/16/2023 11:46:03 PM
The sale of a stake in Telecom Egypt has set the stage for more offers of stakes in state-owned companies to come, write Niveen Wahish and Sherine Abdel-Razek
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World
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War in Ukraine
5/16/2023 9:32:09 PM
Some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine, Cyprus' Finance Ministry said Tuesday.
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Business
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Markets & Companies
5/16/2023 3:46:29 PM
Egypt is preparing two state-owned companies to be offered as investments before the end of the current fiscal year, Mohamed Metwally, CEO of NI Capital, the Egyptian government financial adviser announced.
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Business
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Economy
5/15/2023 2:20:50 PM
The Central Bank of Egypt (CBE) has updated rules governing licensing, operations, supervision and closing of foreign exchange companies, according to a circular issued on 14 May.
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Business
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Markets & Companies
5/11/2023 8:52:57 PM
Four Egyptian firms have made the list for the 100 fastest growing businesses in Africa in 2023 according to the second annual ranking by Financial Times/Statista that was released in early May.
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World
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International
5/4/2023 9:53:01 PM
US Vice President Kamala Harris told CEOs of leading tech companies at a meeting Thursday that they have a "moral" responsibility to protect society from the potential dangers of artificial intelligence.
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Business
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Economy
4/30/2023 6:00:00 AM
Egypt's Prime Minister Mostafa Madbouly announced on Saturday that over 10 military-affiliated companies would soon be listed for investors as part of its ongoing initial public offering (IPO) programme.
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Business
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Tech
4/25/2023 9:46:10 PM
TikTok, Twitter, Facebook, Google, and Amazon are facing rising pressure from European authorities as London and Brussels advanced new rules Tuesday to curb the power of digital companies.
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Business
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Economy
4/19/2023 1:59:55 PM
Egypt's plans to offer 32 state-owned companies are expected to boost real estate activities in Cairo in the coming years, read JLL’s Cairo Real Estate Market Overview Report for the first quarter (Q1) 2023.
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Business
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Economy
4/12/2023 10:49:57 PM
The Ministry of Environment signed a cooperation agreement with the Suez Canal Economic Zone (SCZone) to finance environmental projects for companies in the zone, according to a statement released by the ministry on Tuesday.
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Business
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Markets & Companies
4/11/2023 1:56:21 PM
Forbes selected eight Egyptian companies for inclusion on its Top 30 Fintech Companies in the Middle East in 2023 list, making it the most represented country in the region, according to a statement on Tuesday.
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Business
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Tech
4/5/2023 4:24:37 PM
President Joe Biden said Tuesday it remains to be seen if artificial intelligence is dangerous, but that he believes technology companies must ensure their products are safe before releasing them to the public.
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Business
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Economy
4/4/2023 4:57:51 PM
The Egyptian Tax Authority (ETA) has announced plans to open a USD banking account in order to facilitate the collection of taxes from foreign companies in US dollars, ETA Head Mokhtar Tawfik announced on Tuesday.
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