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Business
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Markets & Companies
3/20/2022 3:29:00 PM
Delemar Aluminium — one of the largest extruded aluminium companies in the Egyptian market — announced its plans to double its investments in the Egyptian market over the coming five years and to raise its exports to 40 percent in 2022, up from the 20 percent recorded in 2021, according to Delmar CEO Mahmoud Haroun.
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Business
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Energy
3/18/2022 9:00:00 AM
A group of Egyptian companies, including the state-owned Egyptian Electricity Holding Company (EEHC), have signed on Thursday an MoU with the Finnish shipbuilding company Deltamarin to build a ship that would serve as the country’s first floating power plant.
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Egypt
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Foreign Affairs
3/12/2022 6:02:43 PM
Egyptian and Tajik entities and companies signed on Thursday 11 memorandums of understanding (MoUs) in many fields, including tourism, pharmaceuticals, construction, and textiles during a joint business forum for the two countries in Cairo.
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War in Ukraine
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Economy
3/12/2022 12:17:35 PM
The "Evropeisky'' mall in Moscow was once a symbol of a Russia integrated into the global consumer economy, with atriums named after cities like London, Paris and Rome.
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War in Ukraine
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Humanitarian
3/8/2022 9:15:07 PM
McDonald's on Tuesday became the latest on the growing list of US multinational companies to suspend activities in Russia, joining Apple, Levi's and others, but some have chosen to stay in the country despite the risks to their reputation.
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Sports
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World
3/8/2022 2:15:39 PM
German sportswear group Adidas is temporarily closing its stores in Russia and shut its online shop, joining a growing list of companies suspending their activities following the invasion of Ukraine.
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War in Ukraine
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Economy
3/8/2022 1:36:50 PM
Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country amid international pressure for companies to sever ties over the invasion of Ukraine.
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Al-Ahram Weekly
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Egypt
3/3/2022 6:27:00 PM
Executive Director of the US-Egypt Business Council Steve Lutes explains that US companies working in Egypt will help prepare for this year’s UN COP27 Climate Change Conference in Sharm El-Sheikh.
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Business
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Markets & Companies
3/3/2022 1:12:42 PM
Egypt’s government has disbursed over EGP 33 billion (around $2 billion) to 2,500 export companies since October 2019, Minister of Finance Mohamed Maait announced on Thursday.
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Business
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Markets & Companies
2/22/2022 1:31:37 PM
Under the Public-Private-Partnership (PPP) system, Egypt has selected three private sector companies to establish, design, supply, and finance four strategic warehouses for supply commodities.
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World
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International
2/17/2022 1:55:34 PM
China on Thursday rejected a U.S. accusation that Beijing is failing to live up to its market-opening commitments in a new round of complaints as companies wait for the two governments to restart talks on ending a tariff war.
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Egypt
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Foreign Affairs
2/16/2022 9:27:28 PM
President Abdel-Fattah El-Sisi met on Wednesday with several Belgian CEOs and company officials to discuss deepening cooperation with Egypt, especially in energy, infrastructure, and defence, according to the spokesperson of the Egyptian presidency Bassam Rady.
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Multimedia
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In Pictures
2/16/2022 1:39:40 PM
Egyptian construction companies and workers continue the massive rebuilding efforts in Gaza, which started last year after the destruction caused by the last Israeli bombing campaign against the strip.
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Business
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Markets & Companies
2/13/2022 4:53:00 PM
Egypt's President Abdel-Fattah El-Sisi instructed the government on Sunday to continue to launch more Initial Public Offerings (IPOs) of state-owned companies to increase the ownership base at the Egyptian Stock of Exchange (EGX) and lure direct investments.
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Egypt
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Foreign Affairs
2/7/2022 4:36:43 PM
Egypt’s Prime Minister Mostafa Madbouly reviewed on Monday offers submitted by international companies to establish green hydrogen projects in the Suez Canal Economic Zone (SCZone), as the country seeks to localise the production of clean-burning fuel.
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World
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International
2/5/2022 7:15:40 PM
Philip Anderson is no fan of online content moderation. His conservative posts have gotten him kicked off Facebook, Twitter and YouTube. Two years ago, Anderson organized a ‘free speech’ protest against the big tech companies. A counterprotester knocked his teeth out.
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Business
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Markets & Companies
2/2/2022 5:43:13 PM
Egypt’s Financial Regulatory Authority (FRA) approved rules establishing national credit rating companies through an amendment dealing with licensing and shareholding.
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Egypt
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Politics
2/1/2022 10:50:51 PM
Egypt targets to list more state-run companies on the Egyptian Stock Exchange (EGX), including a number of the country's Armed Forces affiliated companies during 2022, a cabinet statement said on Tuesday, as part of the country's goal to launch more initial public offerings (IPOs) of public companies.
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Al-Ahram Weekly
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Economy
1/27/2022 6:01:00 PM
Egypt is expanding its oil and gas industry through new agreements with international companies on prospection, research and development, and production.
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Business
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Tech
1/25/2022 7:38:02 PM
Vaccine maker BioNTech, Google and rail firm Deutsche Bahn are among the companies investing in African-founded artificial intelligence company InstaDeep.
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