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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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Business
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Tech
7/9/2024 10:12:51 PM
Tech giant Microsoft on Tuesday inked a record carbon capture agreement with Occidental Petroleum subsidiary 1PointFive, as major technology companies grapple with the growing carbon footprint of artificial intelligence.
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Business
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Economy
7/8/2024 11:29:41 PM
Adeer International Egypt signed three agreements with Egyptian Hassan Allam Properties, Melee Developments, a subsidiary of Al Ahly Sabbour, and Paragon worth $400 million.
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Business
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Economy
7/8/2024 3:17:55 PM
Egypt targets deepening autos local manufacturing by providing incentives to enhance domestic production and attract global companies to operate in the Egyptian market, according to Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir.
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Business
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Energy
7/2/2024 7:22:36 PM
Five Egyptian companies announced plans to form a consortium with a capital of $663 million to import liquefied ethane gas (Shale gas), according to a disclosure from Sidi Kerir Petrochemicals Company (SIDPEC) to the Egyptian bourse revealed on Monday.
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Business
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Economy
7/2/2024 6:50:46 PM
Small and medium-sized enterprises (SMEs) acquire 98 percent of the private sector landscape in Egypt, employing over 47 million of the country’s population who are eligible to work.
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Egypt
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Health
7/1/2024 11:12:51 PM
The Egyptian Drug Authority (EDA) has issued new regulations for pharmaceutical companies, pharmacies, and drug warehouses restricting the dispensing of 11 antibiotics without a stamped prescription, according to local reports.
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Egypt
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Urban & Transport
7/1/2024 5:38:11 PM
Egypt is set to launch two direct flights between Cairo and Marseille via national companies as of August, a statement by the Egyptian Ministry of Emigration and Expatriate Affairs revealed on Monday.
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Business
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Economy
6/29/2024 1:53:40 PM
European Commission President Ursula Von der Leyen said European companies participating in the Egypt-EU Investment Conference are expected to sign over 20 new deals and MoUs with Egyptian partners worth over €40 billion in different fields.
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Egypt
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Courts & Law
6/28/2024 2:10:00 PM
The Public Prosecution launched an urgent investigation Thursday into violations committed by several tourism companies that organized the travelling of Pilgrims to Saudi Arabia to perform the Hajj this year.
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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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