Day: September 8, 2024

Chairperson of JB1 Real Estate Development, John Talaat, stated that his company was the first real estate developer in Egypt and the Arab world to utilize artificial intelligence (AI).   Talaat explained that AI is responsible for both the design and sales processes and that all processes within the company…

Egypt’s Foreign Minister Badr Abdelatty met with Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, on Sunday during his current visit to Abu Dhabi. The two leaders discussed regional security issues, including the ongoing tensions in the region, the Gaza Strip crisis, the Sudanese crisis, the…

Egypt’s Cred Developments has organized a media tour for several journalists and media professionals inside the CLM, the company’s first project in the New Administrative City (NAC) to inspect the latest developments in the project in terms of deliveries and construction updates. CLM project is situated on an area of…

The Egyptian government is taking strategic steps to transform the North Coast into a year-round destination, moving beyond its traditional status as a seasonal hotspot. This involves extensive infrastructure improvements, encouraging the development of essential services such as healthcare, education, and hospitality that can support a continuous influx of residents…

Cesena Fiera and the Egyptian Exporters Association will hold a press conference to announce the 42nd edition of the Macfrut Italy Exhibition at the Nile Tower Hotel in Cairo, on 11 September.   The event will shed light on the details of this prominent international exhibition, which is set to…

The Central Agency for Public Mobilization and Statistics issued the monthly bulletin of “Foreign Trade Data” in June 2024. The trade deficit reached $2.87bn during June 2024, versus $3.02bn for the same month of previous year, a decrease of 5.1 %. Exports value Decreased by 1.6 % as it reached…

The Central Bank of Egypt (CBE), in collaboration with Visa, hosted the first edition of “Egypt Fraud Combating Forum,” aiming to raise awareness of the Egyptian banks and financial institutions’ employees on the latest fraud trends impacting the financial systems, and how to mitigate them. The forum aims at enhancing…

Mohamed Salah El-Din, the Minister of State for Military Production, chaired an extensive meeting with the chairpersons of affiliated companies, along with sector heads and advisors from the ministry and the National Authority for Military Production. The meeting aimed to review the latest developments in the projects executed by the…

Hassan El-Khatib, Minister of Investment and Foreign Trade, held extensive talks with John Humphrey, the UK’s Trade Commissioner for Africa, and his accompanying delegation. The discussions focused on strengthening trade and investment relations between Egypt and the United Kingdom in the coming period.   British investments in Egypt reach $21.5bn…

Sameh El-Hefny, Egypt’s Minister of Civil Aviation, met with Madut Biar, Minister of Transport of South Sudan, on the sidelines of the 2024 Egypt International Airshow to discuss potential collaborations in civil aviation. The meeting, reflecting the strong ties between the two countries, focused on enhancing bilateral cooperation in the…