Hanan Mohamed

Annual Capital Markets Summit discusses Ras El Hikma deal

Mon, 26 Feb 2024 - 11:35 GMT

Themis came during a session entitled,”Promotional efforts to attract foreign direct investment”.

Future contracts for carbon certificates to listed on EGX

Mon, 26 Feb 2024 - 11:09 GMT

Farid announced, during his speech at the annual summit of Capital Markets, Monday, the issuance of new rules for the listing and removal of carbon emissions reduction certificates in the coming days.

Egypt's FDI surges to $10B in FY 2022/23, marking 15-year high

Mon, 26 Feb 2024 - 10:07 GMT

Through analyzing the evolution of net foreign direct investments over the past nine years, excluding the COVID-19 period, foreign direct investments entering non-petroleum sectors reached a net flow of $11 billion.

Into Egypt’s objectives for Northwest Coastal Development plan

Sun, 25 Feb 2024 - 07:13 GMT

According to a government report, the Northwest Coastal region, with its various resources, is Egypt’s hope for absorbing the population increase over the next 40 years, estimated at about 34 million people.

Talaat Moustafa leads gainers on EGX following Ras El Hikma project collaboration

Sun, 25 Feb 2024 - 05:42 GMT

The company stated in a filing to the EGX that the collaboration in implementing the Ras El Hikma project aligns with the group's strategy of creating continuous added value that benefits its shareholders by maximizing returns and creating additional value.

Egypt's PM initiates gradual release plan for $1.3B goods in customs with focus on essential commodities, medicines

Sun, 25 Feb 2024 - 03:24 GMT

This directive was given during a meeting on Sunday, chaired by the Prime Minister, to monitor the provision of necessary financing in foreign currency for strategic goods and medicines.

Things to know about "Ras El Hikma" Deal

Fri, 23 Feb 2024 - 05:33 GMT

The government expects the project to attract investments of up to $150 billion during its development, helping to provide millions of job opportunities and inject liquidity into the Egyptian economy.

Ras El Hikma investment deal unveils 5 key factors

Fri, 23 Feb 2024 - 03:55 GMT

the project represents the largest direct investment deal in the country's history, noting that it will bring $150 billion in investments to Egypt over the project's lifetime.

Egypt, UAE ink largest investment deal for Ras El Hikma Project with $35B FDI

Fri, 23 Feb 2024 - 03:25 GMT

The deal involves $150 billion in investments during the project development period, including around $35 billion in direct investments for the Egyptian state within two months.

ADNOC Distribution's investment in Egypt based on 'strong fundamentals, boasting current 244 service stations: CEO to ET

Wed, 21 Feb 2024 - 09:41 GMT

Al Lamki shared insights in an exclusive interview with ET during the Egypt Energy Show (EGYPS) 2024, marking the company's first participation in the conference, which Al Lamki described as impressive and exciting.

Egypt, Brazil strengthen ties with signing of agreements and centennial celebration

Thu, 15 Feb 2024 - 04:45 GMT

The signed agreements included a memorandum of understanding between the Ministry of Higher Education and Scientific Research in the Arab Republic of Egypt and the Ministry of Science, Technology, and Innovation in the Federal Republic of Brazil regarding cooperation in the fields of science, technology, and innovation.

Launch of UCC supports Egyptian economy amid challenges: Ahmed Swailam

Wed, 14 Feb 2024 - 01:32 GMT

Swailam told Egypt Today (ET) that in this difficult situation, the company’s goal is to establish a presence to support the Egyptian economy.

Working with Egypt 'high priority", significant progress made in economic reform discussions: IMF

Mon, 12 Feb 2024 - 03:48 GMT

This came during her meeting with Egypt’s Prime Minister, Mostafa Madbouly, on the sidelines of the World Government Summit in Dubai.

UCC launches coding solutions in Egyptian Market

Fri, 09 Feb 2024 - 07:54 GMT

During the press conference, the company has signed multiple collaboration protocols with regional and international partners.

Jordan, Egypt to activate alternative shipping route amid Red Sea navigation halt

Tue, 26 Dec 2023 - 11:43 GMT

With the escalating Houthi threats in the southern Red Sea, targeting ships heading to and from Israel to pressure the occupying state to cease the war on the Gaza Strip, several international shipping companies announced, earlier in December, a 200 percent increase in ship insurance costs.

IATF2023 achieves $43.7B in trade, investment deals: Afreximbank EVP

Tue, 28 Nov 2023 - 02:45 GMT

Awani mentioned during a press conference that the number of visitors to the fair, whether in person or virtual, reached 28,282, with the number of exhibitors totaling 1,939.

SCZone, EBRD sign consultancy agreement for Ain Sokhna seawater desalination project

Sun, 19 Nov 2023 - 09:15 GMT

The agreement was signed by Walid Gamal El Din, Chairman of the General Authority for the Suez Canal Economic Zone, and Khaled Hamza, Director of the European Bank for Reconstruction and Development office in Egypt.

Al-Mashat unveils outcomes of NWFE Program after "Year of Implementation"

Sun, 19 Nov 2023 - 08:49 GMT

This came during a roundtable to discuss the progress made within Egypt's Country Platform for the Nexus of Water, Food and Energy (NWFE) program, which was launched in July 2022.

Egypt eyes LNG export resumption, navigating energy challenges amid regional turbulence

Fri, 17 Nov 2023 - 03:21 GMT

Egypt relies on imports of Israeli gas to meet a portion of its domestic demand, as well as for re-export purposes.

IATF2023 explores challenges and opportunities in African sports industry

Tue, 14 Nov 2023 - 10:45 GMT

Founder and President of SWA Sports, Aisha Shuaibu, highlighted challenges facing the continent, including political interference, corruption, and lack of funding.