Egypt is poised to sign a deal that will see the production of electric vehicles in the country, Minister of the Public Business Sector Hisham Tawfik has said. Three companies …
Northern Africa
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Northern AfricaPress Releases
Etqan appointed as consultant for Nile Business City project in New Capital
Nile Developments has contracted with Etqan Business Development as a financial and marketing consultant to launch the Nile Business City project in the New Administrative Capital. Mohamed Taher, Chairperson of …
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Egypt will launch its first fleet of buses powered by natural gas next year, Minister of Public Enterprise Hisham Tawfik has said. About 70 per cent of the components used …
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Egypt’s government will begin its move to the country’s New Administrative Capital (NAC) in December, a presidential statement said on Wednesday. Once the finishing construction touches are added to the …
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EntrepreneurshipNorthern Africa
Egypt’s Leading Grocery Delivery Platform ‘Breadfast’ Secures $26 Million
Breadfast, Egypt’s leading grocery delivery platform, announced on Wednesday that it had secured $US 26 million in a Series A round co-led by Vostok New Ventures and Endure Capital. The …
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A boom in Egypt’s automotive parts industry is being fuelled by a burgeoning population, vehicle sales growth and government move to combat auto emissions, according to a new report highlighting …
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Egypt will aim to increase the share of renewable energies to over 42 per cent by 2035 after the country reached 2022’s target for boosting renewables to 20 per cent …
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Promoting creativity in Egypt and the MENA region, the Creative Industry Summit (C-S) announces launching its 12th edition, supported by the strategic partner Heartwork innovated by Mountain View and prominent …
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An undersea cable linking the electricity grids of Cyprus and Egypt could be key to helping both countries transition to a green economy and meet their commitments on battling climate …
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AfricaNorthern AfricaPress Releases
World Bank approves $360 Million loan for Egypt post-pandemic recovery
The World Bank has approved a $360 million development policy financing (DPF) loan to support Egypt’s post-pandemic recovery, the lender said on Thursday. “To further support the achievement of the …