City Farm, an Egyptian enterprise renowned for exporting frozen vegetables to the US, is embarking on an ambitious expansion strategy. This plan is set to broaden its market reach, starting with Kenya and extending into the European continent. The (...)
The Intergovernmental Panel on Climate Change (IPCC) has emphasized the need for "rapid and far-reaching changes" to avert dire climate change consequences. Johannes Stangl of the Complexity Science Hub (CSH) notes that transitioning to a (...)
Ukraine made its mark in the European Union (EU) by becoming one of the top three chocolate exporters in 2023, delivering a total of 22,000 tonnes, accounting for 13 per cent of the EU's chocolate imports, Interfax reported on Monday.
Switzerland (...)
Asian markets showed hesitation on Monday as fears over US inflation data threatened to upset the trajectory towards lower interest rates, according to Reuters.
Japan's potential currency intervention has momentarily checked the yen's fall. In (...)
Egypt's Prime Minister Moustafa Madbouly said on Tuesday that credit-rating agency S&P revising its outlook on Egypt from stable to positive signals confidence in Egypt's agenda of economic reforms.
He emphasised that recent government decisions, in (...)
The Egypt-EU Summit commenced in Cairo on Sunday, with Egyptian President Abdel Fattah Al-Sisi hosting dignitaries at the Ittihadya Palace, including the President of the European Commission, the Prime Minister of Belgium, the President of the (...)
The European Union (EU) is finalizing a €7.4bn aid package for Egypt, aiming to bolster the country's finances amid regional instability, the Financial Times reported on Wednesday.
The newspaper cited concerns over the ongoing conflicts in Gaza and (...)
Egyptian Minister of International Cooperation Rania Al-Mashat arrived in Luxembourg on Monday to visit the headquarters of the European Investment Bank (EIB), the European Union's financial arm and climate bank.
This marks Al-Mashat's first visit (...)
Badr Abdel Aty, Egyptian Ambassador to Brussels, received a high-level Egyptian economic delegation of senior public and private sector officials. The delegation aimed to promote investment in Egypt, review the economic reform process in the (...)
French energy firm Engie, announced on Thursday, it increased its financial forecast for 2024 following a rise in annual core profits, driven by robust gas and power sales during a slightly chillier winter, Reuters reported.
Engie reported a net (...)
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met with François Cornet d'Elzius, Ambassador of Belgium to Cairo, to discuss cooperation and promotion of SCZONE.
Gamal El-Din presented the competitive advantages of SCZONE, (...)
The European Union stated that its provisional agreement to remove the bloc's significant reliance on a post-Brexit London for clearing euro derivatives will boost mainland Europe's capital strength, Reuters reported on Wednesday.
The London Stock (...)
European Union (EU) policymakers are aiming to agree on new regulations to boost local manufacturing of solar and wind power equipment, fuel cells, and other green technologies, Reuters reported on Tuesday.
This move aims to make the EU industry (...)
Technology giant Google announced on Thursday that it has signed its largest ever power purchase agreement (PPA) with offshore wind projects off the coast of the Netherlands for its data centres in Europe.
This will help Google's Dutch data centres (...)
Egypt Post is hosting a workshop on the "PRIME" agreement, which is organized by the International Bureau of the Universal Postal Union and aims to improve the quality of postal services in Africa.
The workshop, which is taking place at the Regional (...)
IKEA is making investments to lower prices on select products in several countries, in an effort to unwind price increases it implemented in 2022, according to Reuters.
The main IKEA retailer stated that it has reduced expenses and is witnessing a (...)
يبحث الكثير من عشاق كرة القدم العالمية عن تردد القنوات الناقلة لمباراة برشلونة أمام نظيره فريق ريال بيتيس مساء اليوم الأحد في الجولة الحادية والعشرين من عمر بطولة الدوري الإسباني.
ومن المقرر أن تنطلق صافرة بداية المباراة مساء اليوم الأحد في تمام (...)
The European Union (EU) reached a provisional agreement to protect EU's citizens and the EU's financial system against money laundering and terrorist financing, according to the European Council statement on Thursday.
"This will ensure that (...)
The Euro area annual inflation rate rose in December 2023 to 2.9 per cent, against 9.2 per cent a year earlier, Eurostat data showed on Wednesday.
The European Union's annual inflation was at 3.4 per cent in December 2023, going up from 3.1 per cent (...)
The governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, the Netherlands, New Zealand and the United Kingdom stated on Wednesday calling on the Houthis to immediately cease what they described as (...)
دعت نائبة رئيس الوزراء البلجيكي بيترا دي سوتر بلادها للانضمام لمبادرة جنوب إفريقيا في مقاضاة إسرائيل دوليًا بسبب جرائمها داخل قطاع غزة.
وطالبت المسئولة البلجيكية من خلال حسابها على موقع «إكس» حكومة بلادها بالتحرك لمقاضاة سلطات الاحتلال الإسرائيلي (...)
The Engineering Export Council of Egypt (EEC) announced on Tuesday that Egypt's engineering exports reached $3.876bn in the 11 months from January to November 2023, a 10% increase from the same period in 2022.
The EEC also reported a 28% increase in (...)
Leading fertiliser producer Uralchem Group has announced the successful loading and departure of a humanitarian shipment carrying over 23,000 tonnes of fertilisers destined for Zimbabwe. The vessel, loaded at ports in Riga, Latvia, and Ghent, (...)
The Ministry of International Cooperation has unveiled a partnership with the World Bank Group (WBG) to foster innovation in climate-smart agriculture. This announcement was made at an event held in the Egyptian Pavilion during the UN climate (...)
The Engineering Export Council of Egypt (EECE) has announced that engineering exports increased by an impressive 8.5% during the period from January to October 2023 (10M 2023), reaching $3.516bn compared to $3.241bn in the same period last year. (...)