Egypt Features Headlines

Al-Sisi to make maiden visit to Turkey on July 27 as ties upgrade

Egyptian President Abdelfattah al-Sisi will make his first ever visit as leader to Turkey on July 27 amid improvement of ties between the two countries, reports say. During the visit, Al-Sisi will meet with Erdogan to discuss bilateral relations as well as regional developments, the reports add. The upcoming visit is coming amid an outstanding […]

Africa Energy Features Headlines International

Africa, backed by EU investment, is poised to lead global green hydrogen boom

African countries are aspiring to establish themselves as renewables-driven hubs to supply escalating global demand for green hydrogen, just as hydrogen diplomacy has intensified in recent years, with the EU outpacing other competitors on the green hydrogen front in Africa. More than 50 projects have now been proposed across Africa to supply an expected surge […]

Business Emerging Markets Energy Features Headlines

Africa50 signs MoU with International Solar Alliance in a Lome meeting

Africa50, an infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, signed Monday in the Togolese capital of Lome, a Memorandum of Understanding (MoU) with the International Solar Alliance (ISA) to support and finance solar projects in Africa. The deal, Africa50 notes, advances the organizations’ mutual goal of increasing […]

Asia Headlines International Morocco

Why Iran is not serious about normalizing ties with Morocco

Few days after Iran said it looks forward to normalizing ties with Morocco and Egypt, the regime of the Moullah has once again shown its hostility to Morocco by supporting the thesis of the Polisario and its Algerian mentors at the UN’s fourth committee. Foreign minister Hossein Amirabdollahian told Iranian ambassadors to Muslim countries on […]

Europe Features Headlines International Tunisia

Italy to expulse 12000 illegal migrants including 4000 Tunisians

Italy is set to flash out 12000 people from its territory including 4000 Tunisians, for illegal migration, the European country’s Interior minister Matteo Pintedosi has indicated. According to Pintedosi, the move targets illegal migrants who arrived in the first half of this year and is in accordance with the Cutro decree adopted in May and […]

Business Egypt

Egypt starts building its first integrated fishing port

Egypt has begun the construction of its first integrated fishing port in the city of Rosetta, on the Mediterranean, “Egypt Today” reports. The project, valued at $19.4 million, will feature a quay whose capacity is 60 fishing boats per hour, and another dedicated to maintenance. The quay will be equipped with a tugboat whose capacity […]

Business Egypt Features Finance Headlines

Banque Misr taps Talabat Egypt to provide financial and non-financial services MSMes

Egyptian State-owned “Banque Misr” has signed an agreement with food delivery services provider Talabat Egypt to offer financial and non-financial services to Micro and Small businesses (MSMes), per a press release issued Monday. According to the agreement, Talabat Egypt’s partners will receive concessional financing of up to EGP 2 million ($65,000) needed for their micro […]

Blogs Business Community Emerging Markets

Saudi startup supporter VMS acquires minor stakes in Egyptian startup accelerator ‘Cash Cows’

Saudi Arabia-based venture studio VMS has acquired a minority stake in Egyptian start-up accelerator ‘Cash Cows’ as part of a strategic partnership agreement aimed at supporting the entrepreneurial ecosystem in both countries, reports say. ‘Cash Cows’ in a press release indicated that the partnership aims to bring together resources, expertise and support to help the […]

Asia Blogs Community Egypt Features Headlines International

Egypt: parliament rubber-stamps Japan’s fund for Universal Health Insurance System

The Egyptian legislature green-lighted Wednesday a signed agreement between the Government and the Japan International Cooperation Agency (JICA) in which the Japanese agency will provide funds for the country’s Universal Health Insurance System (UHIS), Ahram Online reports. Egypt and JICA inked an agreement in March 2023 for the Japanese agency to provide a loan of […]