BRICS leaders convene in Russia for 16th Summit
The 16th BRICS summit kicked off in the Russian city of Kazan on Tuesday with the participation of leaders from 36 countries, including 22 heads of state or government. The…
Local Development Ministry, MSMEDA collaborate to expand support for small enterprises
Minister of Local Development, Manal Awad, and CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), Basel Rahmi, signed a cooperation protocol on Tuesday. The agreement aims to…
Investment fund demand fuels gold price surge: Gold Bullion
Global gold price is trading on Tuesday, near the historical level it recorded on Monday, as demand for the precious metal continues to increase amid ongoing uncertainty with the upcoming…
Beltone Leasing concludes its first securitization worth EGP 1.33bn
Beltone Holding announced Tuesday that its wholly owned subsidiary, Beltone Leasing and Factoring, had completed its first securitization issuance, raising EGP 1.33bn. Beltone Investment Banking’s Debt Capital Markets Division acted…
VACSERA contracts Bilthoven for polio vaccine manufacturing technology
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, witnessed the signing of a cooperation agreement between the Holding Company for Biological Products and Vaccines (VACSERA)…
Agriculture Minister launches CropLife-backed ‘Sustainable Pesticide Management Framework’ in Egypt
Alaa Farouk, Egypt's Minister of Agriculture and Land Reclamation, has launched the "Sustainable Pesticide Management Framework" project, initiated by CropLife Group in coordination with the Agricultural Pesticides Committee. The Minister…
New chapter in Gaza conflict: Assassination of Yahya Sinwar paves way for tougher Israeli stance
The killing of Yahya Sinwar, the head of the political bureau of Hamas, could serve as a significant justification for closing the chapter on the war in Gaza, which has…
BRICS unveils game-changing payment system to challenge Western financial hegemony
In a pivotal moment for the BRICS economic alliance, the "BRICS Pay" system was officially unveiled during the BRICS Business Forum held in Moscow a few days ago, as part…
Egypt-BRICS trade exchange increases to $30.2bn in 8M 2024: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that the trade exchange between Egypt and the BRICS members increased to $30.2bn during the first eight months of this…
Egypt poised to lead wind energy in Middle East with 76 GW capacity by 2050: Study
Egypt is positioned to become a leading force in wind energy within the Middle East, with the capacity to generate an excess of 76 gigawatts per hour by 2050, according…