Vodafone says Egypt’s digital growth driven by talent, regulation
Egypt’s digital sector growth is being driven by regulation, talent, and customer-focused services, Vodafone…
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North Africa
Egypt’s non-oil private sector contracts in May – PMI
ypt’s non-oil private sector remained in contraction in May, with the S&P Global Egypt PMI rising to 47.1 from…
Egypt re-elected to chair CARDNE executive committee
Egypt has been re-elected to chair the Executive Committee of the Regional Centre on Agrarian Reform and Rural…
Construction underway for IETOS electromechanical facility in New Alamein City – El…
Egypt’s IETOS is building a new electromechanical equipment factory in New Alamein City, with production slated to…
Egypt committed to securing health data – Health Min.
Egypt's Minister of Health Khaled Abdel Ghaffar emphasised the government's dedication to utilising digital and…
EU launches €5b guarantee to unlock global investments
The European Commission and the European Investment Bank (EIB) announced a new €5 billion guarantee agreement aimed…
Egypt keen to cement sustainable African health partnerships – Deputy PM
Egypt’s Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar affirmed the country’s…
Egypt launches IMO regional office
Egypt’s Minister of Transport inaugurated on Monday the International Maritime Organisation (IMO) regional office…
Spain’s manufacturing sector ends ’24 on a high note – PMI
Spain’s manufacturing sector showed resilience in December, with the HCOB Spain Manufacturing PMI rising to 53.3,…
AlShaya halts sale of Starbucks stake
Kuwait's AlShaya Group has halted the sale of a stake in its Middle East, North Africa, and Central Asia Starbucks…
Egypt, Wuhan FiberHome sign deal to establish fiber optic cable factory
Egypt and Wuhan FiberHome International Technology signed a Memorandum of Understanding (MoU) aimed at bolstering…
US thermal coal exports to Asia, Africa increase, European shipments decline
US thermal coal exports surged to Asia and Africa in the first half of 2024, contributing to an overall rise in US…
Indian TCI Sanmar to build $150-m ethylene station in Egypt
Indian TCI Sanmar Chemicals plans to invest $150 million to establish a new ethylene receiving and transfer station…
S. Arabia 2nd in ’24 VC rankings
Saudi Arabia achieved the second position in emerging-market venture capital for the first half of 2024, closely…
Nokia eyes expanding operations in Egypt
HMD Global, the parent company of Nokia Mobile, reiterates its commitment to expand manufacturing in Egypt. In a…
IMF: Red Sea shipping activity down 50% due to Gaza war
Shipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the conflict in Gaza,…
Apollo targets stake in AlShaya’s Starbucks
Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in the…
PLASTEX 2024: 30 years of leading plastics and rubber solutions in MENA
PLASTEX 2024, the leading plastics and rubber exhibition in the Middle East and North Africa, is preparing for its…
Algeria applies to join BRICS with $1.5 bln support
Algerian President Abdelmadjid Tebboune announced on Friday that state applied to join the BRICS group and…
Wildfires kill 34 in Algeria due to heatwave
Wildfires in Algeria killed 34 people on Monday, including ten soldiers, according to Reuters, citing the interior…
Citi appoints new North Africa, Levant, Central Asia head
Citi group has appointed Omar Hafeez new CEO for its operations in North Africa, Levant and Central Asia, Reuters…
IFC: Unemployment costs Middle East and North Africa over $40 billion a year
The unemployment costs the Middle East and North Africa more than $40 billion a year, said an International Finance…
Gender gap worldwide to take another 99 years to close; says WEF
It will take another 99.5 years to close global gender gap, said an annual report by the World Economic Forum (WEF)…
Lighting giant Signify targets 25% growth in Egypt business
Signify, the world’s largest maker of lights, is targeting a 25 percent growth in size of businesses and…
Consolidated Contractors Company names Mohamed Tarek VP for North Africa
Athens-based construction firm Consolidated Contractors Company (CCC) on Tuesday named Mohamed Tarek as executive…
Egypt is important for Barco investments: official
Deputy Chairman of Barco International technology company Ramzi Itani on Wednesday asserted that the Egyptian…
Egypt’s booming ICT sector calls for increased cybersecurity measures
Egypt continues to face a growing threat from cyberattacks with malware detections during the first quarter of…
Gold reserves fall 1% in Egypt last December
Egypt’s gold reserves declined by $30 million or 1.1 percent month-on-month in December 2017, according to data…
Egypt’s Bitcoin scene seemingly growing despite looming uncertainties
In a widely reported announcement, the founders of Bitcoin Egypt said in August that their project would be…
Egypt’s Ezz Steel expects demand to pick up in 2018
George Matta, marketing director of Egypt’s biggest producer Ezz Steel expects demand for steel to improve in the…
China’s Uber rival Didi making a move in Middle East and North Africa
Chinese ride-hailing giant Didi Chuxing has announced plans to expand its business in the Middle East and North…
Hilton assigns new VP for Egypt, North Africa
Hilton, one of the largest hospitality companies in the world, announced Wednesday the appointment of Mohab Ghali…
Swedish mobile games developer FunRock opens its first MENA office in Egypt
Stockholm-based mobile games development company FunRock has chosen Egypt as its first office in the Middle East…
SDX Energy finishes drilling campaign at SD-1X well in Egypt
North Africa focused oil and gas company SDX Energy Inc said on Friday drilling on the SD-1X on the South Disouq…
Moody’s: Egypt economy to grow 4.5% in 2017/18
Credit rating agency Moody’s said Sunday it forecasts Egypt’s economy to grow by 4.0 percent and 4.5 percent in…
Spain Ceuta: Migrants found hidden in car and suitcase
Police have detained two Moroccans who tried to smuggle migrants into Spain's North African enclave of Ceuta - two…
Nissan, KidZania to establish 1st role-play auto-production line in Egypt
Nissan Egypt is set to cooperate with KidZania Cairo to establish a role-play attraction modelled after their…
Report: 4 obstacles to business in MENA, North African countries including Egypt
Political instability, corruption, unreliable electricity supply, and inadequate access to finance are factors that…
Italy’s coast guard says over 1,300 migrants rescued at sea
Italy's coast guard said on Saturday it had picked up at sea 1,348 migrants in 11 rescue operations between Sicily…
Trump says he made ‘a lot of money’ in deal with Gadhafi
Donald Trump says he made "a lot of money" in a deal years ago with Moammar Gadhafi, despite suggesting at the…