Industry minister, Bel Egypt discuss expansion plans, future investments

Minister of Industry Khaled Hashem met with executives of Bel Egypt to discuss the company’s operations, expansion plans, and future investment strategy in the Egyptian market, reaffirming the government’s commitment to supporting investors and strengthening the country’s industrial base. The meeting was attended by Hany Aram, Regional Manager of Bel…

Egypt, US celebrate completion of Sultan Qaitbey Mausoleum restoration

US Embassy Chargé d’Affaires Robert Silverman and Minister of Tourism and Antiquities Sherif Fathy celebrated the completion of the restoration of the Sultan Qaitbey Mausoleum, a 15th-century architectural landmark located in Cairo’s City of the Dead. The mausoleum was restored through a partnership between the US Embassy in Cairo, the…

ESCWA reaffirms strategic partnership with Egypt to advance sustainable development

Marking the 74th anniversary of Egypt’s July 23 Revolution, United Nations Economic and Social Commission for Western Asia (ESCWA) Executive Secretary Rania Al-Mashat reaffirmed the organisation’s strategic partnership with Egypt, highlighting the close cooperation between the two sides in advancing sustainable development, strengthening national institutions, and promoting regional integration. Al-Mashat…

Bajel Projects signs $40m power transmission agreement with Egypt’s EETC

Bajel Projects Limited, a leading power transmission engineering, procurement and construction (EPC) company of the Bajaj Group, has signed an agreement worth more than $40m with the Egyptian Electricity Transmission Company (EETC) to construct two contiguous sections—Lot 1 and Lot 5—of a 500 kV overhead transmission line (OHTL), further strengthening…

From the Strait of Hormuz to the Egyptian Pound: How Risk Travels

Wars are no longer measured solely by the number of missiles launched or aircraft deployed. Increasingly, they are measured by their impact on oil prices, capital flows, exchange rates, and investor confidence. The developments of recent weeks provide a clear illustration. Barely a month after the United States and Iran…