Egypt’s Information Technology Industry Development Agency (ITIDA) has signed a memorandum of understanding with Konecta, a Spain-based BPO provider, to set up the company’s regional headquarters in Cairo and …
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On Thursday, Egypt’s Foreign Minister Badr Abdel Atti welcomed Roberta Metsola, President of the European Parliament, for discussions focused on enhancing bilateral relations between Egypt and the European Union, alongside …
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Egypt’s Minister of Local Development, Dr. Manal Awad, hosted a meeting with several Members of Parliament (MPs) on Thursday at the Ministry’s headquarters in the New Administrative Capital. This meeting …
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The Ministry of Social Solidarity announced that it will grant 1,637 funding packages to non-governmental organizations (NGOs) in 2024, totaling more than EGP 14.5 billion. This marks a significant …
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Greece’s Copelouzos Group is accelerating the development of its ambitious €4.2 billion ($4.3 billion) undersea power link with Egypt, targeting a final investment decision in 2024 and a startup by …
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EconomyHighlightsNews
President Abdel Fattah El-Sisi Approves 50% Increase in Egypt’s Share of the IMF
For strengthening Egypt’s position in the global financial system, President Abdel Fattah El-Sisi has approved a 50% increase in the country’s share in the International Monetary Fund (IMF). The Presidential …
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HighlightsNewsPolitics
Egypt, Greece, and Cyprus Accelerate Energy Integration with EuroAfrica and GREGY Projects
Egyptian President Abdel Fattah El Sisi emphasized the growing importance of trilateral cooperation between Egypt, Cyprus, and Greece in addressing key regional challenges and advancing shared economic and security interests. …
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The second phase of the development of the tourist walkway in Port Said, located in the city’s eastern district, has been completed. This vital area holds significant cultural, geographical, and …
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Egypt’s ambitious plan to modernize its textile industry is gaining momentum, with implications that could affect global cotton supplies. The country is investing hundreds of millions of dollars in transforming …
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Rolls-Royce has announced the successful commissioning of ten mtu gas-powered gensets at the Egyptian Wood Technology Company (WOTECH) production plant in Beheira, northern Egypt. These gensets will provide the facility …