John Cockerill, a global company, is set to enter into a partnership with Scatec and other companies to implement a green ammonia production plant in Damietta, Egypt, with an investment exceeding $900 million.

During a meeting with Egypt’s Petroleum …

The Central Bank of Egypt (CBE) will launch an investment guarantee agency for Africa tomorrow, Tuesday 1/10/2024, with a capital of $50m, the Deputy Minister of Foreign Affairs and Emigration, Ambassador Abu Bakr Hefny, said. The agency will be the f…

The Egyptian programme for paying dues to foreign partners in petroleum sector is on track, with regular payments set to continue from October, Minister of Petroleum and Mineral Resources Karim Badawy affirmed on Monday 30/9/2024.

Badawy further high…

Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, announced on Monday 30/9/2024 that centralised distribution of mazut to building materials factories shall start on October 1st.

The Ministerial Group for Industrial Devel…

Acting Director General of the Central Agency for Information Technology (CAIT) Najat Ibrahim affirmed on Sunday the importance of exchanging experience in fields of information technology (IT) between the GCC countries.

This came in a statement by …

Minister of Investment and Foreign Trade Hassan Al-Khatib is heading to the French capital, Paris, on his second European tour. The visit includes holding official meetings with representatives of major French companies and the French business communi…

Prime Minister Moustafa Madbouli reviewed a number of work files with Finance Minister Ahmed Kouchouk, in the presence of several ministry leaders.

At the beginning of the meeting, Kouchouk referred to the ministry’s efforts regarding the government’…