CIRA turns to private funding
As Egypt’s middle class grows over the coming years, so too will the demand for high-quality private education at affordable prices, and that is...
How financial institutions are supporting Egypt’s private sector
In the 2017-2018 fiscal year, Egypt’s economic growth reached 5.3 percent, up sharply from the previous year’s 4.2 percent and marking the country’s highest...
Foreign reserves hit $44.5 billion
Egypt’s foreign reserves surged to a record $44.5 billion at the end of October, providing a strong buffer for the Egyptian pound against sharp...
Creating a better investment climate through reforms
Egypt has put its dark days behind it, thanks to an economic reform program that has restored confidence in North Africa’s largest economy.
The economic...
A US energy delegation discovers economic opportunities in the energy sector for Eastern Mediterranean
Minister of Petroleum and Mineral Resources Tariq El-Mulla received Assistant Secretary of State for Energy Resources Francis R. Fannon who is currently visiting Cairo...
libaba Group Founder Jack Ma to Donate US$10 Million to Establish Africa Entrepreneur Prize
Jack Ma Foundation will recognize 100 African entrepreneurs over the next 10 years focused on grassroots innovation, economic empowerment of women and small businesses
Alibaba...
Care AI a European Commission new technology that can transform Africa’s Health Care System
The European Commission in Brussels (Belgium) revealed some fascinating AI and blockchain-based projects, which the Commission is funding. Across industrial sectors, from healthcare to...
Short and long term impact of Trump’s withdrawal from the Iran agreement on Egypt
US President Donald Trump has decided to withdraw from the 2015 agreement between Iran and a group of six nations led by the Obama administration....
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Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...
El Molla Witnesses Signing of Two Agreements for Brownfields in Gulf of Suez
Minister of Petroleum and Mineral Resources Eng. Tarek El Molla and ADES Drilling Company CEO Mohamed Farouk have witnessed the signing of...