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Egypt

IFC-Egypt: Agreement on aspects of airport privatization plan

November 25, 2024 Khalid Al Mouahidi 0

The International Finance Corporation (IFC) announced substantial progress in its discussions with the Egyptian Government regarding the country’s airport privatization program. During a meeting on […]

Moody’s projects 5% growth for Egypt’s economy in next fiscal year

November 23, 2024 Geraldine Boechat 0

Credit ratings Agency Moody’s has expressed confidence in Egypt’s economic future, forecasting a 5% growth rate for the upcoming fiscal year, building on an estimated […]

Chinese EV makers to boost investments in Africa to avoid tariffs as rivalry with EU, US heats up

November 20, 2024 Steven Addamah 0

With the United States and the European Union imposing hefty tariffs on Chinese electric vehicles (EVs), its carmakers are searching for alternative markets, notably in […]

Sudan crisis: UN appeals for ceasefire as attacks on civilians escalate

November 14, 2024 Geraldine Boechat 0

The United States and four Arab states have reportedly renewed their efforts to resolve the crisis in Sudan, while the United Nations has launched its […]

Egypt, Turkey hold talks on African affairs with focus on the Horn of Africa and Libya

November 14, 2024 Pawla Nibramich 0

The recently held second round of political consultations between Egypt and Turkey focused on African affairs, particularly in the Horn of Africa and the Red […]

Egypt’s food industry exports hit $4.6B in 9 months

November 13, 2024 Khalid Al Mouahidi 0

Egypt’s food industry exports reached $4.6 billion from January to September 2024, marking an 18% growth and an increase of $688 million compared to the […]

Egypt’s agricultural exports rise by 32% amid expansion of fertile land

November 8, 2024 Steven Addamah 0

Egypt’s agricultural exports saw a 32% increase in the first 10 months of 2024, according to a report from the Ministry of Agriculture and Land […]

African leaders congratulate Trump on election victory amid looming uncertainty

November 7, 2024 Steven Addamah 0

Congratulatory messages from leaders all across Africa to Donald Trump on his decisive election victory have been pouring in, with some hailing the return of […]

Egypt approves $158.6M Draschem project to localize specialized chemical production

October 31, 2024 Pawla Nibramich 0

Egypt’s Cabinet has approved a proposal from the Ministry of Investment and Foreign Trade to establish a new private free zone at the Sidi Kerir […]

Venezuela: Parliament forms friendship Groups with Portugal and Guinea-Bissau

October 29, 2024 Geraldine Boechat 0

The Venezuelan National Assembly has announced on October 29 the creation of parliamentary friendship groups with six countries, including Portugal and Guinea-Bissau. These groups, led […]

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