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 * Trade
   
   
   HOW BOYCOTTS ARE BOOSTING LOCAL BRANDS IN EGYPT
   
   Recent boycott campaigns in Egypt, driven by solidarity with Gaza, have had a
   significant impact on global brands.
 * IT-Telecom
   
   
   YOUR COMPANY NEEDS AN AI VOICE
   
   Talking is the oldest and most effective form of communication. AI is making
   it possible for voice to become more important for companies too.
 * Finance
   
   
   WHY EGYPT IS AFRICA'S 3RD MOST ATTRACTIVE INVESTME
   
   Egypt has emerged as one of Africa's top investment destinations, ranking
   third in a recent report by Rand Merchant Bank (RMB).
 * Energy
   
   
   EGYPT'S GOLD: AN ECONOMIC SHIELD
   
   Gold continues to play a crucial role, not just as a symbol of wealth but as
   a strategic financial asset amidst economic uncertainties.


ROSATOM AIMS FOR 30% COMPLETION RATE AT DABAA NUCLEAR PLANT IN EGYPT

Likhachev noted that this collaboration would greatly assist Egypt in achieving
its objectives in the realm of new and renewable energy sources.

29.08.2024 | Egypt-Business.com





EGYPTIAN SUPER-MANGOES SET TO CONQUER SOUTHEAST ASIA SOON

Southeast Asia may soon become a new export market for one of Egypt’s most
unexpected fruits – mangoes, according to EastFruit.

29.08.2024 | Egypt-Business.com





INFOGRAPH: EGYPT EXPORTS GROWTH IN 2023

This is especially after the announcement of the new government's programme,
which included raising exports to $130 billion until FY2026/2027.

29.08.2024 | Egypt-Business.com





EGYPT IN THE TOP 100 GLOBAL SCIENCE AND TECHNOLOGY CLUSTERS

The report noted that from 2019 to 2023, Cairo filed 166 patent applications
with WIPO under the Patent Cooperation Treaty.

29.08.2024 | Egypt-Business.com





IMF EASES SUPPORT PACKAGE CONDITIONS FOR EGYPT

This new review involves easing some of the fund’s criteria, and is part of the
two reviews the IMF conducts per year before disbursing funds.

29.08.2024 | Egypt-Business.com





BLACK & DECKER TO ESTABLISH FIRST ELECTRICAL EQUIPMENT FACTORY IN EGYPT

Hossam Heiba, GAFI CEO, assured that all necessary investment facilities and
incentives would be provided to accelerate the process.

29.08.2024 | Egypt-Business.com





AUTOMOTIVE SALES JUMP BY 42.2% MOM IN JULY

Passenger cars led the sales increase, rising 50.7 percent from June to
approximately 9,700 units, making up 85.5 percent of total sales.

29.08.2024 | Egypt-Business.com





FINANCE MINISTER: WE EYE MORE BRITISH INVESTMENTS IN EGYPT

Minister of Finance Ahmed Kouchouk has described Britain as key partner to
Egypt, saying that it is one of the biggest investors in Egypt.

29.08.2024 | Egypt-Business.com





IRRIGATION MIN LAUDS COOPERATION BETWEEN EGYPT, SWEDEN IN WATER RESOURCES SPHERE

The minister also hailed the support provided by the Swedish International
Development Cooperation Agency (Sida) to Egypt.

29.08.2024 | Egypt-Business.com





EGYPTIAN CONSORTIUM TO SET UP A USD 1.2 BN CHEMICAL PRODUCTION PLANT O FEED
FERTILIZER INDUSTRY

A local consortium led by Abu Tartour For Phosphoric Acid will set up a USD 1.2
bn phosphoric acid production plant.

29.08.2024 | Egypt-Business.com





PRIVATE & INTERNATIONAL SCHOOL FEES RISE BY UP TO 25% ACROSS EGYPT

The increase is applied to schools at a rate dependent on school fees, with more
expensive schools seeing smaller increases.

28.08.2024 | Egypt-Business.com





UK TO INCREASE ITS PROJECTS IN PRODUCTION SECTORS, HUMAN DEVELOPMENT IN EGYPT

The United Kingdom (UK) aims to increase its projects in Egypt, particularly in
production sectors and human development.

28.08.2024 | Egypt-Business.com





PACKAGING COSTS IN EGYPT HAVE RISEN BY AROUND 45%

Egyptian exporters of all crops are complaining about soaring costs this season,
the packaging costs in particular.

28.08.2024 | Egypt-Business.com





EGYPT’S ECONOMY SHOWING SIGNS OF RECOVERY: IMF

Egypt’s banking sector remains stable and financial institutions could achieve
profitability and have sufficient capital liquidity, IMF said.

28.08.2024 | Egypt-Business.com





EGAS ANNOUNCES BID TO EXPLORE NATURAL GAS IN 12 REGIONS IN MEDITERRANEAN & NILE
DELTA

This endeavor aligns with the Ministry's strategy to attract new investments to
Egypt by leveraging opportunities in gas and oil exploration.

28.08.2024 | Egypt-Business.com





NOORNATION SECURES INVESTMENT FROM KBW VENTURES AS IT SCALES GREEN
INFRASTRUCTURE IN AFRICA

The company’s flagship product, LifeBox, delivers clean energy and safe water to
rural communities, farms, and tourism businesses.

28.08.2024 | Egypt-Business.com





EGYPT TARGETS OVER 15 MILLION TOURIST ARRIVALS IN 2024

The number of tourist arrivals to Egypt during the first half of 2024 reached a
record high of 7.069 million.

28.08.2024 | Egypt-Business.com





EGYPT EXPECTS SAVINGS OF $615 MILLION AFTER RISING ELECTRICITY PRICES

This comes as the Egyptian government has increased electricity prices with
rates ranging from 14 percent to 40 percent for prepaid household meters.

28.08.2024 | Egypt-Business.com





EGYPT SOVEREIGN FUND APPOINTS NOHA KHALIL NEW ACTING CEO

Khalil's appointment was announced during a TSFE board of directors
meeting headed by Minister Rania Al-Mashat.

28.08.2024 | Egypt-Business.com





ENTREPRENEURSHIP SECTOR ATTRACTS $2B IN FDI

This came during the release of Entlaq’s Egyptian Entrepreneurship Sector
Diagnostics Report for the first half (H1) of 2024. 

28.08.2024 | Egypt-Business.com





WHAT'S DRIVING HIGH PRICES OF AUTOS IN EGYPT?

The US dollar's surge against the Egyptian pound, coupled with a shortage of
imported vehicles, has fueled the re-emergence of the "over-price".

27.08.2024 | Egypt-Business.com





ALEXANDRIA PORT AUTHORITY TO HANDOVER MANAGEMENT OF 3 PORTS BY END OF YEAR

In July, it was reported to be won by a consortium of three local firms, which
plan to invest about $50 million in the project's first phase.

27.08.2024 | Egypt-Business.com





EGYPTIAN START-UP TURNS PLASTIC WASTE INTO TILES

In a factory on the outskirts of the Egyptian capital, Cairo, workers are using
tiny shards of discarded plastic to make tiles.

27.08.2024 | Egypt-Business.com





EGYPT, SINGAPORE EXPLORE COLLABORATION OPPORTUNITIES IN TOURISM SECTOR

The meeting also addressed the possibility of increasing investment
opportunities in the tourism sector, especially in the field of hospitality.

27.08.2024 | Egypt-Business.com





EGYPT TO ESTABLISH 3,450MW WIND ENERGY PROJECTS, 3700MW SOLAR ENERGY PROJECTS

Minister Mahmoud Esmat, overseeing the Ministry of Electricity and Renewable
Energy, highlighted ongoing wind energy initiatives totaling 3,450 mw.

27.08.2024 | Egypt-Business.com





PM MADBOULY REAPPOINTS AHMED ELSHEIKH EGX CHAIRMAN FOR 2ND TERM

Ahmed Elsheikh appoints as the Egyptian Stock Exchange's chairman and Heba
ElSerafi as the vice chairman for a one-year term, starting 26 August.

27.08.2024 | Egypt-Business.com





US-EGYPT JOINT ECONOMIC COMMISSION 2ND ROUND TO START IN SEPTEMBER

The second round of the US-Egypt Joint Economic Commission is scheduled for 4-5
September.

27.08.2024 | Egypt-Business.com





NEW SURVEY SPOTLIGHTS EGYPT’S PROGRESS IN FINANCIAL TRANSPARENCY AND OVERSIGHT

Egypt has improved its position by six spots in the 2023 Open Budget Survey, now
ranking 63rd among 125 countries.

27.08.2024 | Egypt-Business.com





CBE CLARIFIES LIMITS ON FOREIGN AND DOMESTIC CURRENCY EXCHANGE

The bank emphasized that it had previously increased the daily withdrawal limit
for domestic currency from ATMs to LE30,000 in April.

27.08.2024 | Egypt-Business.com





GOLD PRICES SURGE BY EGP 290 SINCE THE START OF 2024

At the beginning of 2024, a gram of 21-karat gold was priced at EGP 3,175. In
January, it peaked at EGP 4,200.

27.08.2024 | Egypt-Business.com




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A management consulting firm with a reputable experience in Investment Analysis,
market research, feasibility studies, Franchise Support.



Egytec is a consultancy firm, specializing in electrical power, energy
industries, digital identity, management and information security.



SLB is a leading provider of technology and services to the energy industry.



KAD is the number one mall management and retail solutions consultant in Egypt.



Easy Lease started its operation in June 2021 it's a part of El Sewedy
inaugurated with the aim to provide easy & innovative financial solutions



00001413470000000481000003928200001710820000177391

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LED Middle East EXPO 29.08.2024

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Paper Middle East 08.09.2024

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