Abu Dhabi Tourism, Accor sign management deal for Sofitel Legend
Abu Dhabi Tourism Investment Company, owned by Abu Dhabi Development Fund, has signed an agreement with French hospitality group Accor for the management and operation of the Sofitel Legend Pyramids…
Modon Holding, Hassan Allam explore collaboration in Ras El-Hekma projects
Modon Holding has announced a strategic partnership with Hassan Allam Holding, to explore collaboration across large-scale construction projects in Egypt. The memorandum of understanding aims to enhance cooperation in the…
Egypt-AU trade exchange rises 5.7% to $9.2bn in 2023
Trade exchange between Egypt and the African Union countries reached $9.2bn in 2023, up from $8.7bn in 2022. This marks an increase of $500m and a growth rate of 5.7%,…
Engineering exports surge 25.6% to $3.9bn in 9M 2024
Egypt’s engineering exports surged by 25.6% to $3.9bn in the first nine months of 2024, compared to $3.1bn during the same period in 2023. The monthly report from the Engineering…
Egypt’s Petroleum Minister highlights energy sector progress, development plans
Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, provided an update on the country's energy sector during a Tuesday address to members of the American Chamber of Commerce in…
ETA chief highlights new tax facilities, community engagement
Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority (ETA), emphasized the Minister of Finance's commitment to fostering community dialogue between the Authority and taxpayers. She noted that effective communication…
Multilateral banks laud Egypt’s Climate Finance Platform at COP29
Twelve multilateral development banks issued a joint statement at COP29 in Azerbaijan praising Egypt's Nexus of Water, Food, and Energy (NWFE) program as a model for mobilising climate finance. The…
Egypt’s Prime Minister marks progress at Dabaa Nuclear Plant
Egypt’s Prime Minister Mostafa Madbouly attended the fourth annual Nuclear Energy Day celebration in Egypt's New Administrative Capital, representing President Abdel Fattah Al-Sisi. The event, hosted by the Egyptian Nuclear…
Egypt, Côte d’Ivoire discuss enhancing health cooperation
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, received Dole Gueu Albert, Ambassador of Côte d'Ivoire to Egypt, to discuss ways to enhance health cooperation…
United Bank to launch private placement on EGX
Egypt’s United Bank has announced the opening of the private placement market for registering buy and sell orders on its shares on the Egyptian Exchange (EGX) starting tomorrow, Wednesday, until…
