Day: May 28, 2025

Egypt’s President Abdel Fattah Al-Sisi convened a meeting on Wednesday with Minister of Communications and Information Technology, Amr Talaat, and Lieutenant General Ashraf Salem Zaher, Director of the Egyptian Military Academy, to review the latest developments in the implementation of the “Digilians” initiative, Egypt’s flagship national programme to build digital…

BASF Agricultural Solutions Egypt, a division of the global chemical company BASF, has officially launched commercial operations for its specialized vegetable seed brand, BASF | Nunhems, in Egypt. The launch event, held at the iconic Pyramids of Giza, marks a major milestone in BASF’s regional expansion and its commitment to…

The European Bank for Reconstruction and Development (EBRD) and Banque Misr have extended a syndicated loan of approximately $80m to Orange Egypt to support the company’s acquisition of a 5G mobile license and rollout of next-generation network infrastructure. The financing package includes €39m from the EBRD and $40m (around €35.6m)…

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Johan Forssell, Swedish Minister for International Development Cooperation and Foreign Trade, to discuss expanding bilateral cooperation in the transport and industrial sectors. Swedish Ambassador to Cairo, Håkan Emsgård, also attended the meeting. Al-Wazir underscored…

Egypt is set to roll out a new Investment Guarantee Mechanism in June 2025, in collaboration with the European Union, aiming to provide guarantees worth EUR 1.8 billion (EGP 101 billion).  Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, announced this initiative during the Egyptian-Swedish Business Forum on…

In the arid stretches of Sinai and Matrouh, Bedouin families have for generations survived on the edge of Egypt’s deserts by mastering the art of rainwater harvesting. In villages scattered across these regions, where the average annual rainfall is a scant eight billion cubic meters, and only 200-300 million are…

CAIRO, May 26 (MENA) – The House of Representatives approved during its plenary session Monday under Speaker Hanafy Gebaly Presidential Decree No. 115 of Year 2025 concerning a free trade agreement between Egypt and Serbia. According to a report of the joint committee of the House’s Economic Affairs Committee and…