Germany supports Egypt’s transition to a green economy by offering concessional loans at just one-tenth of current market rates. In an interview with Daily News Egypt, German Ambassador to …
Egypt
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GURU expands across Egypt, redefining the sportswear and performance retail experience. The brand offers a carefully curated selection of high-performance gear and premium sportswear. Thus, it will fulfill the growing …
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The Board of Directors of the Healthcare Authority, chaired by Dr. Ahmed El-Sobki, Chairman of the Board and Supervisor of the Universal Health Insurance Project, has approved the establishment of …
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EconomyHighlightsTravel & Tourism
Egytrans Reports Exceptional Growth, with 9.5-Fold Increase in Q1 Profits
Egytrans, a leader in Egypt’s transportation sector, has achieved remarkable growth in the first quarter of the 2024-2025 fiscal year. The company reported a stunning 9.5-fold increase in profits, …
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Maj. Gen. Eng. Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization (AOI), and Dr. Mohammed bin Suleiman Al-Muqayli, CEO of the Saudi International Insulation Factory, officially inaugurated the …
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HighlightsNewsTravel & Tourism
Egypt Expands Green Economy with New Eco-Tourism and Waste Management Investments
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Minister of Environment Yasmine Fouad to explore investment opportunities in key environmental sectors. The focus of the meeting was …
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The Information and Decision Support Center (IDSC) at the Egyptian Cabinet has released a new analysis on the future of employment, highlighting the profound impact of technology and globalization on …
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EconomyNews
Uzbekistan Investment Minister Proposes Digital Platform to Strengthen Business Ties with Egypt
Uzbek Minister of Investment, Industry, and Trade Laziz Kudratov has proposed the creation of a digital platform to enhance economic cooperation between Egypt and Uzbekistan. The platform aims to facilitate …
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Egypt’s banking sector has delivered a strong performance in the first nine months of 2024, with banks collectively reporting over EGP 426 billion in net profits. This robust performance underscores …
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The International Monetary Fund (IMF) on Tuesday reached an agreement with Egypt, allowing the country to access approximately $1.2 billion. This follows the successful completion of the fourth review under …
