Month: September 2024

Egypt’s Prime Minister Mostafa Madbouly met with Minister of Petroleum and Mineral Resources Karim Badawi on Monday to discuss a number of priority issues, including the payment of foreign partner dues and the results of the incentive package for exploration and research. The meeting was part of the government’s ongoing…

Kraft Heinz Egypt celebrated the inauguration of its newly expanded production facility in 6th of October City on Saturday, following a two-year project with a total investment of EGP 2 billion (USD 50 million). The expansion includes seven new production lines, a sewage treatment unit, and an upgraded administrative building,…

INTRO Technology, the technology arm of INTRO Holding and the parent company of Advansys and Forte Cloud, specialized in technological solutions and digital transformation, announced the signing of a strategic Memorandum of Understanding (MoU) with Oman Data Park, Data Centre and Cloud Service provider in Oman, to establish Kemet Data…

Beltone Holding, one of the fastest-growing financial institutions, has announced that its fully owned subsidiary, Beltone Venture Capital (BVC), has completed its first international investment through a strategic investment in VelyVelo, a leading French e-bike rental company, specializes in optimizing e-bike fleet management through a full-service subscription and an all-in-one…

Egypt’s Prime Minister Mostafa Madbouly held a meeting on Monday to discuss efforts to ensure a consistent supply of petroleum products for power plants. Attending the meeting were Minister of Electricity and Renewable Energy Mahmoud Essmat, Minister of Finance Ahmed Kouchouk, and Minister of Petroleum and Mineral Resources Karim Badawi.…