The National Authority for Tunnels signed a contract with a consortium of companies including South Korean Hyundai Rotem and the National Egyptian Railway Industries Company (NERIC) to manufacture and supply …
Egypt
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Egypt to sign 7 new MoUs with int’l companies to produce green hydrogen
Egypt will sign seven new Memoranda of Understanding (MoUs) on green hydrogen production in the Suez Canal Economic Zone with international companies and alliances, announced the Egyptian Cabinet in a …
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USAID funds Egypt’s response to Covid-19 with $9M
The US government is supporting Egypt’s Covid-19 response with $9 million (EGP 173.4 million) in new funding, the United States Agency for International Development (USAID) in Egypt announced in a tweet on …
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Egypt launches ‘Your Road is Safe’ initiative targeted at delivery workers
After launching the “Safe Shores” initiative targeted at fishermen and the “Silky Hands” initiative targeted at carpet makers, the ministry of social solidarity Egypt launched Tuesday “Your Road is Safe” …
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Value of Egyptian non-oil exports drop by 18.3%
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
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Egypt aims to increase wheat productivity by 33% with atomic energy
Egypt’s Atomic Energy Authority succeeded recently in expanding the peaceful uses of atomic energy in different fields, which sends a clear message to the world on the country’s keenness to …
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Egypt in final stage of talks with IMF on new funding, says PM
The Egyptian government is in the final stage of talks with the International Monetary Fund (IMF) on a new funding, Prime Minister Mostafa Madbouli said during the Logos Coptic Youth …
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Egypt launches ClimaTech RUN 2022 initiative
Ministries of International Cooperation, Environment and Communications held an event Monday to launch the global initiative“ClimaTech Run 2022”. The ClimaTech Run 2022 aims to attract and motivate technology startups working …
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Egypt’s environment minister opens new water treatment plant at Rameda
Egyptian Minister of Environment Yasmine Fouad inaugurated a new high-efficiency water treatment plant at the Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) (RMDA), according to a press release on Monday. …
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IMF urges Egypt to cancel low-interest loans initiatives
The International Monetary Fund( IMF) has called on the Central Bank of Egypt to cancel all low-interest initiatives, such as loans to small and medium enterprises, the tourism sector, and …