Year: 2023

Cabinet reviews $1bn flat steel project to boost local manufacturing, export

The Prime Minister, Moustafa Madbouly, chaired a meeting to review the progress…

Daily News Egypt Daily News Egypt

Government follows up on Kitchener Canal project progress

A ministerial steering committee met on Wednesday to review the implementation of…

Daily News Egypt Daily News Egypt

Egypt converts helicopter carrier into field hospital as Libya floods death toll tops 6,000

Egypt has converted its Mistral helicopter carrier into a field hospital and…

Daily News Egypt Daily News Egypt

Opinion| Rise of new powers and US decline: Challenges and opportunities

The world is in the midst of a major shift in power…

Hatem Sadek Hatem Sadek

Overconfidence leaves Egyptian consumers vulnerable to scams

A new study by Visa found that overconfidence is leaving consumers in…

Daily News Egypt Daily News Egypt

New Sina to invest EGP 1bn in food, beverage market in 1Q 2024

New Sina for Food Investment and Beverage announced that it plans to…

Fatma Salah Fatma Salah

UNCTAD to hold World Investment Forum to rally funds for climate action

The UN Conference on Trade and Development (UNCTAD) will hold the World…

Daily News Egypt Daily News Egypt

EGP 62.29bn invested in low-income housing initiative until August 2023

Banking sector accounts for 96.2% of total financing

Hossam Mounir Hossam Mounir

Nearly 15 million electric cars expected to be shipped worldwide in 2023

Nearly 15 million electric cars (battery electric and plug-in hybrid) are expected…

Daily News Egypt Daily News Egypt

IDA allocates over 3,000 industrial units in 17 complexes across Egypt in 2023

The Industrial Development Authority (IDA) announced that it has allocated 3,049 new…

Daily News Egypt Daily News Egypt