Egypt’s government will begin a trial operation of 1,000 hotel rooms as part of the ambitious “Greatest Revelation” project in the city of Saint Catherine, South Sinai, between April and …
Investment
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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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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 will to introduce a groundbreaking medium-term budgetary framework starting in 2025, marking a significant step towards enhancing fiscal discipline and promoting sustainable economic growth. This strategic initiative aims to …
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Economy
Al Mashat Meets AfDB Special Envoy For Catalyzing longstanding partnership between Egypt and the AfDB
Egypt’s Minister of Planning, Rania Al-Mashat, recently met with Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB) for the Middle East and North Africa (MENA) and Gulf …
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Egypt’s Ministry of Finance has announced a new initiative worth EGP 50 billion. The initiative aims to encourage the construction of more hotel rooms, catering to the growing number of …
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Velents AI, a leading AI-powered SaaS platform, has successfully closed a new investment round with Women Collective. The undisclosed funding will fuel the company’s mission to eliminate hiring bias and …
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Egypt’s Ministry of Industry and Transport is establishing the Egypt Digital Industrial Platform and preparing an industrial map to simplify processes and procedures for investors. The deputy prime minister for …
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Economy
Banque Misr Unveils Third Edition of Teqdar Accelerator Program For Empowering Egyptian Startups
Banque Misr, a leading Egyptian bank, has announced the launch of the third edition of its Teqdar (You Can) program. This growth accelerator initiative is designed to support and propel …
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Banque du Caire, a leading Egyptian bank, has received approval from the Central Bank of Egypt (CBE) to increase its issued and paid-up capital by EGP 9 billion, bringing it …