Ma’alem Development unveils Malaga project in North Coast with EGP 20bn investment

Ma’alem Development has announced an ambitious expansion plan, introducing the Malaga project in Sidi Abdel Rahman, North Coast, with investments nearing EGP 20bn. Spanning 105 feddans, this project marks a…

Shaimaa Al-Aees Shaimaa Al-Aees

Madbouly reviews progress of $300m Haier Egypt complex

Prime Minister Mostafa Madbouly met with Ahmed El Gendy, Chairperson of Haier Egypt, to review the next phases of the company’s industrial complex in 10th of Ramadan City. Hassan El-Khatib,…

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Egypt’s President Al-Sisi prioritises inflation control in budget review

Egypt's President Abdel Fattah Al-Sisi has prioritised tackling inflation and improving the country's financial performance during a meeting with top government officials on Tuesday. The meeting with Prime Minister Mostafa…

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Al-Mashat, South Sinai Governor discuss strategic investment projects

Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, met with Khaled Mubarak, Governor of South Sinai, to review the implementation of investment plan projects and discuss key…

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Investment Minister, Henkel Egypt chief discuss expansion, investment plans

Hassan El-Khatib, Minister of Investment and Foreign Trade, met with Carol Milan, President of Henkel Egypt for Trade and Industry, to discuss the company’s current projects and future expansion plans…

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Minister of Petroleum forms advisory committee to enhance oil field productivity

Karim Badawi, Minister of Petroleum and Mineral Resources, has announced the formation of an advisory committee dedicated to enhancing oil field productivity and managing petroleum reservoirs through scientific and practical…

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Madbouly, Al-Mansour Automotive discuss expansion plans in Egypt

Prime Minister Mostafa Madbouly held a meeting with executives from Al-Mansour Automotive Group to discuss the company’s future expansion plans in Egypt. The meeting was attended by Kamel El-Wazir, Deputy…

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MENA IPO activity booms, raising $2.64bn in Q2 2024

The Middle East and North Africa (MENA) region saw a continued surge in Initial Public Offerings (IPOs) during the second quarter of 2024, with 14 IPOs raising $2.64bn in proceeds,…

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Egypt, UAE discuss enhanced energy cooperation

Egypt and the United Arab Emirates are looking to deepen their collaboration in the electricity and renewable energy sectors, officials from both countries said Tuesday. During a meeting in the…

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Climate Capitalism: A New Economic Model for Egypt’s Sustainable Development

As the urgency to address climate change escalates, a new term is emerging in the discourse on sustainable development: climate capitalism. This innovative approach merges the principles of capitalism with…

Dr Karim Morsy Dr Karim Morsy