Day: September 1, 2024

Influence Public Affairs (IPA), a consultancy firm specializing in government relations, public policy, and investment affairs, has entered into a strategic partnership with the Swiss Chamber of Commerce in Egypt (SwissCham). This collaboration aims to enhance business ties between Switzerland and Egypt, driving sustainable economic growth and creating new opportunities…

  The Engineering Export Council of Egypt (EEC) has signed a Memorandum of Understanding (MOU) with the National Academy of Sciences and Skills (NASS), a subsidiary of the Samcrete Group. This partnership aims to enhance vocational and technical training programs in the engineering sector, producing a generation of qualified technical…

The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has announced that Egypt is set to launch its first digital bank in the fourth quarter of 2024. This follows the initial approval granted by the Central Bank of Egypt (CBE) to Egypt Digital Innovation Company, a subsidiary of…

The Egyptian Ministry of Finance plans to issue 26 treasury bills and bond offerings worth EGP 506.5bn in September. This includes 16 treasury bill offerings totalling EGP 480bn and 10 bond offerings valued at EGP 26.5bn. The Central Bank of Egypt (CBE), acting on behalf of the government, will oversee…

Egypt’s Prime Minister Mostafa Madbouly met on Sunday with Basil Rahmy, CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), at the government headquarters in New Alamein City. The meeting focused on reviewing the agency’s progress and discussing key work files. During the meeting, Rahmy presented a detailed…

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), during the bank’s annual meeting in Cape Town. The meeting focused on expanding private sector financing mechanisms and supporting Egypt’s commitment to renewable energy. Al-Mashat highlighted the…

Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation, met with Dilma Rousseff, President of the New Development Bank (NDB) of the BRICS group, on the sidelines of the bank’s annual meeting in Cape Town, South Africa. Al-Mashat expressed her appreciation for the NDB’s role in supporting development…

Egypt’s President Abdel Fattah Al-Sisi reviewed the key aspects of the National Human Development Project “Bedaya – A New Beginning for Human Building” during a meeting on Sunday with Prime Minister Mostafa Madbouly and Deputy Prime Minister for Human Development and Minister of Health and Population, Khaled Abdel Ghaffar. The…

IMKAN Misr, a leading real estate development company, has announced the signing of agreements worth EGP 2.1bn. The contracts include a deal with Forward Construction for the development of three new residential areas within the Alburouj project, one of the largest integrated residential communities in New Heliopolis, with a total…

Rwabet Developments has announced the launch of its first project in the Egyptian real estate market, the Sela Business Hub, located in the Financial District of the New Administrative Capital. The project represents an investment exceeding EGP 4bn. Mohamed Magdy, Head of Marketing at Rwabet, emphasized that the prime location…