Egypt launches $1bn data centre project, first sovereign AI facility
Egypt launched a strategic partnership between Vodafone Business, Elsewedy Electric, and Cassava Technologies to…
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Egypt’s PM opens $4m VIVATURF factory in SCZONE
Egypt’s Prime Minister Moustafa Madbouly today inaugurated the VIVATURF Artificial Grass Egypt factory in the…
Egypt’s offshoring services exports hit $5.2bln in 2025
Egypt’s offshoring services exports reached $5.2 billion in 2025, with global technology and business services…
Egypt, Chinese group discuss $2bn SCZONE complex
Egypt is in talks with a leading Chinese aluminium group over plans to invest up to $2 billion in an integrated…
Egypt’s Nissan begins production of 1st Magnite SUV in Africa
Egypt's Nissan began production of the first Nissan Magnite SUV in Africa at its plant in 6th of October City,…
Egypt’s unemployment falls to 6.0% in Q1 2026 – CAPMAS
Egypt’s unemployment rate fell to 6.0 per cent in the first quarter of 2026 from 6.2 per cent in the previous…
Egypt’s Prime Minister inaugurates 9 projects in SCZONE with $6.5b investments
Egypt’s Prime Minister Moustafa Madbouly inaugurated nine industrial projects in the Sokhna Industrial Zone on…
Egypt approves first private investment zone with customs services for The Spine Project
Egypt’s General Authority for Investment and Free Zones (GAFI) approved on Sunday the country’s first special…
Egypt signs $350 million deal for integrated textile complex
Egypt has signed a contract with an initial investment of $350 million to build a fully integrated textile and…
Egypt transforms historic Cairo site into integrated service complex
Egypt advances its downtown Cairo redevelopment with the transformation of the former Ministry of Interior building…
Egypt’s Ismailia free zone to host Adient-Deniz car seat manufacturing hub
Egypt’s Investment and Foreign Trade Minister Hassan El-Khatib met with executives from US-based Adient and…
Egypt’s Labour Min. discusses vocational training, workers’ rights in Qalyubia
Egypt’s Labour Minister Mohamed Gobran and Qalyubia Governor Ayman Attia have met with investors in the governorate…
Egypt establishes 2 textile cities in Minya, Fayoum
Egypt has launched two integrated textile cities in Minya and Fayoum with a combined investment exceeding E£27…
Mexico manufacturing sector declines in August
Mexico's manufacturing sector experienced a significant decline in August 2024, with the S&P Global Mexico…
WB Group launches advisory council to address global jobs crisis
The World Bank Group has launched a High-Level Advisory Council on Jobs to tackle the anticipated jobs crisis in…
Egypt’s MSMEDA invests EGP 647m in New Valley governorate
Egyopt's MSMEDA has invested 647 million Egyptian pounds in the New Valley Governorate from July 2014 to May 2024.
Morgan Stanley to open new Paris office, adding 100 jobs
Morgan Stanley will open a new European office in Paris, creating an additional 100 jobs, according to France’s…
COP28: Energy transition to generate 40mln new jobs
By 2050, the energy transition will generate 40 million more jobs in the energy sector, with renewables alone…
UAE’s Al-Futtaim Group invests up to $1bln in Egypt
UAE's Al-Futtaim Group announced on Sunday that it plans to inject new investments of $1 billion into the Egyptian…
German IFE signs deal with Egypt’s Nahdet Misr to establish Ta’heal International…
German-government backed Facility Investing for Employment (IFE) signed on Monday a grant agreement Egypt's Nahdet…
OPEC historic deal to save ‘more than 2 million’ jobs in the U.S.
The OPEC and its allies deal that’s supporting oil prices could save millions of U.S. jobs, according to the chief…
The Jobs with the best and worst heart health according to Bupa study
People’s hearts are ageing "faster than their owners", a recent study by Bupa showed.
Nissan to cut 9% of workforce as Q1 profit nearly wiped out
Japanese car maker Nissan Motor Co said it is cutting 12,500 jobs and warned a quick turnaround in its performance…
Deutsche Bank plans to cut over 20,000 jobs amid revamp
Deutsche Bank AG is studying slashing headcount by more than a fifth in what’s shaping up to be its biggest…
AI, robotics to create almost 60 mln more jobs than they destroy by 2022: WEF
Machines will overtake humans in terms of performing more tasks at the workplace by 2025 — but there could still be…
General Motors warns new wave of tariffs could force U.S. job cuts
General Motors on Friday warned that another wave of tariffs being considered by U.S. President Donald Trump could…
Oil prices rise on reduced US drilling activity, booming job market
Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production and as…
Asia markets trade lower; major indexes in Japan, South Korea, Australia and China fall
Asian markets fell across the board on Monday, following a sharp decline in U.S. stocks on Friday on a…
Gold prices drop as dollar strengthens after US jobs data
Gold prices declined on Friday as the U.S. dollar ticked up against the euro after U.S. jobs data showed a robust…
Dow plummets 666 points, capping worst week in 2 years
U.S. stocks fell sharply on Friday after a stronger-than-expected jobs report sent interest rates higher. The Dow…
Smartphones in Egypt bring biting humor but also scrutiny
How do New York Times journalists use technology in their jobs and in their personal lives? Declan Walsh, The…
Trump considers Fed’s Powell, economist Taylor to lead central bank
U.S. President Donald Trump is considering nominating Federal Reserve Governor Jerome Powell and Stanford…
Dollar drops on North Korea fears, offsetting wage data boost
U.S. dollar prices tumbled on Friday on a report that North Korea is preparing to test a long-range missile,…
British PM asks Trump to help over Boeing’s Bombardier challenge
British Prime Minister Theresa May has asked President Donald Trump to intervene in a dispute between Boeing Co…
Oil prices rise 1.1%, settling at $49.58, after strong US jobs report
Oil prices rose after a strong U.S. jobs report bolstered hopes for growing energy demand, but crude posted a…
Stocks in Asia gain as US jobs data beat
Most Asian indexes were in positive territory in Monday trade after U.S. jobs data beat expectations and as…
Dollar firms after strong US jobs report, backs Fed hike view
The dollar gained on Friday after a report showed the U.S. economy created far more jobs than expected in June…
Microsoft plans to cut ‘thousands’ of jobs, majority of them outside US:…
Microsoft Corp (MSFT.O) is planning to cut "thousands" of jobs, with a majority of them outside the United States,…
Trump takes second crack at a pivot next week with apprentice push
U.S. President Donald Trump, who became a reality television star with a show called "The Apprentice," will spend a…
France’s Macron mixes political shades in ministerial appointments
Newly inaugurated centrist French president Emmanuel Macron chose his government on Wednesday, appointing a mix of…