Egypt’s tourism revenues double in 10 Years

Recognizing tourism as a key economic pillar, Egypt has been actively implementing its National Tourism Development Strategy to maximize the sector’s potential. The state is enhancing global competitiveness, showcasing its unique heritage, and expanding promotional efforts to attract new markets. It also prioritizes investment by fostering private sector partnerships and…

M squared expands into West Cairo with 31WEST

Egyptian real estate developer M squared, the real estate arm of Intro Investments Holding, has officially announced the launch of 31WEST, a 31-feddan residential development in 6th of October City, West Cairo. With excavation already underway, 31WEST promises a fast three-year delivery timeline, significantly ahead of the market average of…

ETA, FEI strengthen coordination to resolve tax issues efficiently

Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), emphasized the ongoing collaboration with the Federation of Egyptian Industries (FEI) to address tax-related challenges faced by its members. This partnership aims to strike a balance between upholding state revenue rights and providing necessary support to taxpayers. Abdel Aal highlighted…

SCZONE secures 251 projects worth $6.23bn, creating 28,000 jobs

Chairperson of Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, met on Monday with Mohamed Zaki El Sewedy, Chairperson of the Federation of Egyptian Industries, along with representatives from key industrial chambers, at the SCZONE headquarters in Sokhna. The meeting followed up on discussions held during the Annual International Industry…

India Invests $57.35m in AI Centres of Excellence

India is strengthening its commitment to artificial intelligence (AI) with a $57.35 million investment in three new Centres of Excellence (CoEs), according to IANS, a partner of TV BRICS. Finance Minister Nirmala Sitharaman announced the initiative, which aims to boost AI research, develop advanced learning tools, and foster collaboration between…

Al-Sisi reviews efforts to enhance higher education, scientific research

Egypt’s President Abdel Fattah Al-Sisi met on Monday with Prime Minister Mostafa Madbouly, Minister of Higher Education and Scientific Research Ayman Ashour, Presidential Advisor for Urban Planning Amir Sayed Ahmed, Head of the Armed Forces Financial Affairs Authority Ahmed El-Shazly, and Head of the Armed Forces Engineering Authority Ahmed El-Azzazi.…
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