Egypt’s NBE, EIB sign investment grant deal to support green industry drive
The National Bank of Egypt (NBE) signed an investment grant agreement on Sunday with the European Investment Bank…
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industrial sector
Egypt’s PM: Hard currency inflows cover demand, no backlog
Egypt’s domestic hard currency resources have been sufficient over the past two months, particularly last month, to…
Spain could face €1b economic hit from blackout, analysts say
Spain could suffer economic losses of up to €1 billion following Monday’s widespread blackout, according to…
Egypt drives industrial development via public firms upgrades
Egypt is pushing forward with the modernisation of its industrial sector through state-owned companies, aiming to…
Egypt, Morocco discuss industrial, transport cooperation
Egypt’s Minister of Industry and Transport, Kamel El Wazir, met with Morocco’s Ambassador to Cairo, Mohamed Ait…
Geely launches first car assembly plant in Egypt
Egypt's Prime Minister Moustafa Madbouly witnessed on Wednesday the inauguration of Geely's new car assembly plant…
AOI awarded 2.5 MWp solar power stations for Qir Fertilizers
Egypt's Abu Qir Fertilizers Company (AFC) approved a project to install solar stations with a capacity of 2.5 MWp…
Fitch Ratings sees positive shift in L. American corporate ratings
Fitch Ratings indicates a positive shift in Latin American corporate ratings for the third quarter of 2024, as…
Egypt mulls carbon border adjustment to boost exports
The Egyptian government is discussing the Carbon Border Adjustment Mechanism (CBAM) part of efforts to enhance the…
Private equity investments surge in the Middle East
Private equity and venture capital investments in the Middle East have seen significant growth in 2024, focusing on…