Day: December 13, 2023

It is time to discover the wonders and merriment of the festive season with an endless list of things to do at the world’s gathering place, Sheraton Cairo Hotel & Casino. On Christmas, jingle those bells and come together with your family and friends to enjoy a wide variety of…

Foreign Minister Sameh Shoukry met with the African Union (AU) and COMESA mission to oversee the 2024 presidential elections, and welcomed the completion of their mission. Shoukry’s comments were made during a Tuesday meeting with Msikwiza Kazibwe Wandera, Chairperson of the AU-COMESA joint mission to monitor the 2024 presidential elections.…

At the Food Africa 2023 expo, held from 12 to 14 December at the Egypt International Exhibition Center, Food Trip Egypt, a burgeoning Egyptian snack manufacturer, disclosed a new investment of EGP 150m. The event is graced by the patronage of the Egyptian Ministry of Trade and Industry and the…

Space Tank, a firm specializing in the management of commercial establishments and service centres, has launched operations in Egypt. The company’s expertise lies in providing consultations, developing commercial units, and attracting top international agencies. The company’s strategy includes analyzing the Egyptian market’s needs to enhance project profitability through partnerships with…

Nutanix, a pioneer in hybrid multi-cloud computing, and Cisco, a titan in enterprise networking and security, have unveiled a collaboration in Egypt to expedite hybrid multi-cloud adoption, drive innovation, and ensure a seamless customer experience. This move builds on a global partnership, with both companies striving to offer the most…

The pivotal role of fossil fuels in energy transition has taken center stage at COP28 in the UAE. The International Energy Authority (IEA) report, highlighting government-linked fossil fuel production and tax revenue, suggests the conference may be extended by two days to forge a binding energy transition agreement. Sultan Al…

The Information Technology Industry Development Agency (ITIDA), serving as Egypt’s Ministry of Communications and Information Technology’s (MCIT) executive IT arm and a hub for foreign investors in IT and business services, has signed a Memorandum of Understanding (MoU) with Siemens Digital Industries Software. This global leader in digital transformation solutions…

In a closing address at COP28, former Climate Champion for COP27 Mahmoud Mohieldin emphasized the crucial link between climate action and sustainable development. He highlighted the success of several initiatives launched during his tenure, demonstrating how climate efforts can drive economic growth and achieve equity. Mohieldin, also UN Special Envoy…

The Egyptian government seeks the World Bank’s expertise to establish a mandatory market for carbon certificates, sources have disclosed. The World Bank is anticipated to contribute to the setup and provide the necessary know-how for the market’s creation, as well as advice on the legislative framework. In such markets, companies…

Minister of International Cooperation Rania Al-Mashat met with Zhou Jun, President of the Silk Road Fund, which aims to support infrastructure projects and foster cooperation with countries along the Silk Road, particularly in investment, trade, and economic collaboration with the private sector. During the meeting, Minister Al-Mashat welcomed the Fund’s…