Al-Mashat, World Bank discuss expanding partnership

Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania A. Al-Mashat, met with World Bank Country Director for Egypt, Yemen, and Djibouti, Stephane Guimbert, on Tuesday to discuss expanding the strategic partnership between the two institutions. The meeting, which followed the formation of the new Egyptian cabinet, aimed to…

Egypt, China strengthen ties as Madbouly meets with Parliament Leader

Egypt’s Prime Minister Mostafa Madbouly met with Zhao Leji, chairperson of the Standing Committee of the National People’s Congress, in Beijing on Tuesday, ahead of the upcoming Forum on China-Africa Cooperation (FOCAC). The meeting, which was followed by a formal working dinner, underlined the growing strategic partnership between the two…

MENA Companies Turn to Outsourced Security

A new survey by information security and risk management solutions vendor SearchInform shows that organisations in the Middle East and North Africa (MENA) region are increasingly turning to Managed Security Services (MSS). The survey, conducted among business executives, information technology and security (IT, IS) professionals, and Chief Information Security Officers…

Signify partners with Misr El Kheir for ‘Taqat Nour’ to improve school lighting and education

Signify, the global leader in lighting, has announced a strategic partnership with Misr El Kheir Foundation under the “Taqat Nour” initiative, supported by Signify Foundation under its ‘Brighter Education’ programme. This collaboration aims to transform educational environments, enhance safety, and foster a conducive learning atmosphere by providing state-of-the-art lighting solutions…

FRA approves registration of 12 voluntary carbon reduction projects

The Financial Regulatory Authority (FRA), through its Committee for the Oversight and Supervision of Carbon Emission Reduction Units, chaired by Mohamed Farid, has approved registering 12 projects in its carbon emissions reduction database. These projects are part of the Voluntary Carbon Registry by the Egyptian Biodynamic Agriculture Association (EOL), accredited…

Mass Developments announces EGP 22bn project in New Cairo

Mass Developments has announced the launch of a new mixed-use project on Gamal Abdel Nasser Axis in New Cairo, with an investment exceeding EGP 22bn, spanning an area of 30,600 sqm. Atef Manai, Chairperson of Mass Developments, stated that this project is part of the company’s expansion plan in the…

German businesses to join President Steinmeier’s visit to Egypt

A delegation of representatives from leading German companies will accompany German President Frank-Walter Steinmeier on his upcoming visit to Egypt, marking the first visit by a German president to the country in 24 years.   The visit, announced by Alexis Bello, Economic Counsellor at the German Embassy, highlights the growing…
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