Chairperson of the General Authority for the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, presided over the foundation stone-laying ceremony this morning for the Trigas project—an advanced facility for the production and filling of (...)
Egypt's Minister of Investment and Foreign Trade Hassan El Khatib met with the Czech Ambassador to Egypt Ivan Jukl, to discuss strengthening bilateral economic cooperation and encouraging joint investments, as per a Cabinet statement.
The two sides (...)
The Czech Republic has fully ended its reliance on Russian oil for the first time, Prime Minister Petr Fiala announced on Thursday, following the completion of upgrades to the Transalpine (TAL) pipeline.
The TAL pipeline, which carries crude from (...)
Central Europe's export-driven economies face risks from slowing global trade and potential US tariffs, the International Monetary Fund (IMF) said according to Reuters, urging EU-wide reforms to boost resilience.
Exports account for up to 92 per (...)
كشفت أكاديمية فنون وعلوم الصور المتحركة عن عدة تغيرات في جدولها، وذلك بسبب حرائق الغابات، حيث تم تمديد فترة التصويت على ترشيحات الأوسكار حتى يوم 17 يناير، بينما يتم الإعلان عن الترشيحات النهائية يوم 23 يناير.
وألغت الأكاديمية حفل الغداء السنوي الذي (...)
The Engineering Export Council of Egypt (EECE) has announced a historic milestone, reporting a 21.6% increase in engineering industry exports during the first 11 months of 2024. Exports reached an impressive $5.1bn, surpassing the $4.2bn mark (...)
كشفت أكاديمية فنون وعلوم الصور المتحركة المانحة لجوائز الأوسكار، عن عدد من الفئات في القائمة المختصرة للجائزة، فيما نال مشروع المنتج والمخرج الفلطسيني رشيد مشهراوي ترشيحا عن دولة فلسطين، عن فيلم "من المسافة صفر" هو مجموعة من الأفلام القصيرة أطلقها (...)
كشف أكاديمية فنون وعلوم الصور المتحركة المانحة لجوائز الأوسكار، عن عدد من الفئات في القائمة المختصرة للجائزة، فيما نال مشروع المنتج والمخرج الفلطسيني رشيد مشهراوي ترشيح عن دولة فلسطين، عن فيلم "من المسافة صفر" هو مجموعة من الأفلام القصيرة أطلقها (...)
Egypt's engineering exports surged by 25.6% to $3.9bn in the first nine months of 2024, compared to $3.1bn during the same period in 2023.
The monthly report from the Engineering Export Council of Egypt revealed a 15% increase in exports for (...)
South Korean Finance Minister Choi Sang-mok and Czech Finance Minister Zbynek Stanjura agreed to establish a high-level dialogue channel for enhanced economic and financial cooperation during their meeting in Prague on Friday.
The director-level (...)
The Engineering Export Council of Egypt announced that the sector's exports during the first seven months of 2024 increased by 29.9% during the period from January to July 2024, reaching $3.052bn compared to $2.350bn in the same period of 2023.
The (...)
The Czech government has unveiled the draft budget for 2025, targeting a reduced deficit of CZK 230 billion ($10.2 billion), compared to the CZK 252 billion deficit projected for this year. This represents a substantial improvement from the record (...)
Romania's central bank is facing a tough decision on whether to cut interest rates again amid a global market meltdown and domestic challenges.
After making its first rate cut in three years in July, the National Bank of Romania is considering (...)
World central banks' gold demand dropped significantly in the second quarter of 2024, decreasing by 39 per cent to 183 tons compared to the previous quarter. This also represents a six per cent increase from 173.6 tons in the same period last (...)
Egypt's President Abdel Fattah Al-Sisi and his Czech counterpart, Petr Pavel, reaffirmed their commitment to bolstering bilateral relations in a phone call on Tuesday.
The discussion highlighted the strong bond between the two nations and the (...)
The European Commission announced on Wednesday that none of the six European Union (EU) countries that have yet to adopt the euro meet the requirements to join the eurozone, although Bulgaria is the closest.
The countries in question are Sweden, (...)
Central European monetary policymakers are alarmed as double-digit wage increases, significantly outpacing average growth rates in the European Union (EU), raise concerns of a potential inflation rebound amidst the region's economic recovery.
The (...)
The European Commission is forging ahead with imposing 25 per cent tariffs on imported Chinese electric vehicles (EVs) starting next month, a move projected to generate over €2 billion annually.
The EU has decided to impose tariffs on Chinese EV (...)
Four central European nations are urging Brussels to address a gas tariff imposed by Germany, claiming it undermines their energy security, Reuters reported on Wednesday.
The levy was implemented during the 2022 energy crisis when Moscow reduced gas (...)
Sherif Al-Sayyad, Chairperson of the Engineering Export Council of Egypt, has announced a remarkable 32.3% surge in engineering exports from January to April 2024, reaching a historic high of $1.673bn, compared to $1.264bn during the same period in (...)
Reports indicate the European Commission might sue Germany over a gas storage fee seen as breaking EU single market rules. The fee applies to neighbouring countries when buying gas from German storage, according to Reuters citing two informed (...)
Engineering Export Council of Egypt (EEC) announced an increase in engineering industries exports in February 2024, recording the highest monthly figure in the history of engineering exports, reaching $459m, compared to $345m in February 2023.
The (...)
Six countries that share a common vision of gender equality and women's empowerment joined forces to celebrate Egyptian Women's Day in a grand ceremony. The event, hosted by the Mexican Ambassador in Cairo on 6 March 2024, featured the prestigious (...)
Traders are selling European gas for the upcoming winter on optimism that they will continue to receive Russian shipments via Ukraine after the current transit agreement expires, Bloomberg reported on Thursday.
Since the year's beginning, contracts (...)
Shell anticipates growth in the German biomethane markets, where its clientele is looking for decarbonised energy and where its fossil fuel operation may be restricted to support future profitability from a high-value segment, Reuters reported on (...)
