Day: December 14, 2024

An Egyptian-Spanish archaeological mission, led by the University of Barcelona and the Institute of Ancient Near Eastern Studies, has uncovered a treasure trove of tombs from the Ptolemaic era in the Bahnasah archaeological area of Minya. The discoveries include colorful inscriptions, ritual texts, mummies, skeletal remains, coffins, and a remarkable…

Ateco Pharma Egypt, a leading producer of intravenous solutions, hosted a high-level delegation from the US Embassy in Cairo to discuss potential collaboration, showcase its products, finalize export agreements, and bolster its reputation as a success story within the Suez Canal Economic Zone (SCZONE). The US delegation included Scott Bozell,…

Egypt’s Minister of State for Military Production, Mohamed Salah El-Din Mostafa, presided over a series of general assembly meetings for the ministry’s affiliated companies and units. Spanning three days, these meetings focused on reviewing financial statements for the fiscal year 2023/2024 and evaluating the performance of the associated entities. The…

Egypt’s Minister of Higher Education and Scientific Research, Ayman Ashour, has announced a significant investment of EGP 10bn to upgrade the digital infrastructure of public universities. Among the groundbreaking initiatives is the launch of Egypt’s first generative AI integration pilot at Ain Shams University, developed in collaboration with Microsoft. This…

Egypt’s Minister of Finance, Ahmed Kouchouk, has reaffirmed the government’s commitment to bolstering the private sector as a cornerstone of its financial policy. Speaking at the Economic Forum in Hurghada, organized by the Center for International Private Enterprise in collaboration with the Alexandria Business Association, Kouchouk emphasized that attracting investments…

Shell Egypt, along with partners Mubadala Energy, Woodside Energy, and Tharwa, has launched a project to protect coral reefs in the Red Sea. The initiative, in collaboration with the Egyptian Ministry of Petroleum and Mineral Resources, Ganoub El Wadi Petroleum Holding Company (Ganope), and the Hurghada Environmental Protection and Conservation…

The Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, met with a Romanian delegation on Wednesday to discuss ways to strengthen cooperation between the Egyptian petroleum sector and Romanian companies. The delegation included Olivia Toderean, the Romanian Ambassador to Cairo, and Horatiu Horatiu Sebastian Calugar, chief executive of CIS…

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has overseen the signing of three strategic agreements aimed at enhancing the sustainability and efficiency of Abu Qir Fertilizers. The agreements, signed on Monday, commit the company to emissions reduction, improved energy efficiency and the adoption of green technologies. The first…

Egypt has inaugurated the 500-megawatt Abydos 1 Solar Power Plant in Kom Ombo, with Prime Minister Mostafa Madbouly stating the project demonstrates the country’s dedication to providing significant investment opportunities for national, Arab, and foreign private sectors. Speaking at the launch, the Prime Minister said that the Abydos 1 plant…