Day: January 28, 2025

Mohamed El-Shimy, Minister of Public Enterprises Sector, held a key meeting with representatives from Al Safi Group, American International Holdings Corporation (AMIH), and its Indian subsidiary, Wilson Company, to assess the ongoing progress of a major industrial project. The initiative seeks to boost the concentration of phosphate ore extracted by…

Wadi Degla Developments showcased its significant achievements for 2024 during its annual press conference, marking a milestone 20th anniversary. Over the past two decades, the company has become a key player in Egypt’s real estate market, delivering 12,000 units and welcoming 18,000 families into its communities, despite facing numerous industry…

Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, met with Rasha Ragheb, Executive Director of the National Training Academy, to discuss strengthening joint efforts in human capital investment and collaborative programs. Al-Mashat praised the Academy’s role in enhancing human resources and emphasized the Ministry’s commitment to expanding…

BAGHDAD – Technical meetings for the third session of the Egyptian-Iraqi Joint Committee have commenced in Baghdad. The meetings, which began on Monday, are being co-chaired by the Egyptian Ministry of Planning, Economic Development, and International Cooperation and the Iraqi Ministry of Trade. These discussions aim to strengthen relations and…

Egyptian President Abdel Fattah Al-Sisi met with Christopher Caldwell, CEO of Concentrix, a global leader in outsourcing, business services, and call centers, on Tuesday to discuss expanding cooperation between the company and Egypt. The meeting was attended by Amr Talaat, Minister of Communications and Information Technology; Ahmed Elzaher, CEO of…

Mansour Automotive, the exclusive distributor of Chevrolet in Egypt, has announced the launch of the all-new Chevrolet Optra 2025 in the Egyptian market. This reflects the company’s commitment to delivering the latest innovations in the automotive industry. It aligns with the company’s strategy to provide a diverse range of vehicles…

Bonyan Real Estate Investment executives held a press conference on Tuesday to share key updates regarding their forthcoming initial public offering (IPO) on the Egyptian Exchange (EGX). The company announced that it had received official approval for the listing, with the IPO expected to take place by the end of…

Egypt now ranks amongst the top 10 African countries with the largest proven crude oil reserves in 2025, according to the ‘Business Africa‘ platform. In a report released on Tuesday, the platform stated that oil is a vital source of energy and economy in many African countries, which possess huge…