TEZ Tour to launch Egypt’s first advertising sports airline

TEZ TOUR Egypt has announced new investments in the aviation sector, preparing to launch the country’s first advertising sports airline. This innovative venture aims to offer a unique experience of sports-themed flights over Egypt’s iconic tourist attractions.   Reaffirming its commitment to the development of Egypt’s tourism sector, TEZ TOUR…

Suez Canal Bank offers EGP 1.2bn credit facility to Madkour Group

Suez Canal Bank has signed a credit facility agreement worth EGP 1.2bn with Madkour Group. This collaboration aims to expand the bank’s partnership base by offering innovative and flexible financing solutions to various institutions, helping them grow their businesses and achieve strategic goals. Akef El Maghraby, CEO and Managing Director…

Egypt prioritises human development in new vision, says Al-Mashat

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, underscored the critical importance of human development as a key driver of economic growth, emphasising the government’s commitment to this vital sector. Speaking at a high-level roundtable on Population and Human Capital Development in Egypt, held during the Global…

Egypt allocates 40,000 sqkm for renewable energy projects

Prime Minister Mostafa Madbouly recently met with Nasser Fawzy, Director of the National Center for Planning State Land Uses, to discuss various aspects of the center’s work. Fawzy provided an update on land allocations for projects in the electricity and renewable energy sectors. Since 2022, over 40,000 sqkm have been…

TV BRICS expands reach with launch of Arabic language portal

Ahead of the 16th BRICS Summit in Kazan, Russia, from 22 to 24 October, the TV BRICS International Media Network has launched an Arabic version of its news portal, expanding its operations to include the Arab-speaking world. The launch of the Arabic portal follows the addition of Spanish earlier this…

BRICS Summit in Kazan to host expanded group of nations

The upcoming BRICS summit in Kazan, Russia, from 22 to 24 October, will host a wider group of nations, with representatives from 36 countries and six international organisations participating. According to Russian Presidential Aide Yury Ushakov, the summit will be attended by several heads of state, including Egypt’s President Abdel…

MSMEDA chief discusses developing industrial SMEs in Port Said

Port Said Governor Moheb Habashi met with Basil Rahmi, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), during his visit to the governorate. Both parties discussed potential cooperation between the Authority and the governorate to develop industrial small and medium enterprises (SMEs) and boost their production and…
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