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Industry & Trade
Microsoft to invest $1.7b in Indonesia’s cloud, AI infrastructure
Microsoft is set to invest $1.7 billion in Indonesia's cloud and AI infrastructure over the next four years.
Egypt’s welcomes Alstom’s industrial hub in Alexandria
Egypt’s Minister of Transport Kamel El-Wazir met with Alstom CEO Henri Poupart on Monday and welcomed the…
China slams Japan’s proposed export controls on semiconductors
China's Ministry of Commerce criticised Japan's proposed export controls on semiconductors, warning that they would…
UAE, Ukraine to boost bilateral trade agreement
The United Arab Emirates and Ukraine have concluded talks on a bilateral trade agreement, according to Reuters…
Egypt eyes $1b annual exports in Marble, Granite
Egypt seeks to develop Shaq el-Thoaban area into a major industrial hub for marble and granite, aiming to boost…
Sisi announces direct flights between Egypt, Bosnia
Egypt’s President Abdel Fattah al-Sisi announced on Monday the country’s welcome for new direct flights from…
Nigeria secures $600m seaport infrastructure investment w/ Maersk
Nigeria secured a significant $600 million investment in its seaport infrastructure from Danish shipping giant A.P.…
FT archive to be available for OpenAI soon
The Financial Times and OpenAI have agreed to allow the latter to train Artificial Intelligence (AI) models using…
Egypt’s gold prices drop on Monday
Egypt's gold prices saw a modest decline on Monday at 12:00 pm compared to April 28th, with the average price…
AstraZeneca injects $50m in Egypt over four years
AstraZeneca doubled its capital in Egypt in 2023 and injected investments amounting to $50 million over the past…