Barry Callebaut to Build $30 Million Chocolate Factory in Egypt
By Chris Hamill-Stewart October 30, 2024, 3:25 PM Switzerland-based Barry Callebaut, the world’s largest chocolate manufacturer, has announced plans to…
Month: October 2024
Global Car Makers Expand Operations in Egypt Amid Economic Recovery
By Edmund Bower October 31, 2024, 10:39 AM In a significant move, global car manufacturers are ramping up operations in…
Egypt Plans New Bonds Issuance Amid Economic Pressures and IMF Review
October 30, 2024 — Egypt is set to issue new sukuks and green bonds valued between EGP 5 billion ($102.9…
Egypt Unveils New Upper Egypt Railway Station Amid Major Rail Investments
October 30, 2024 — Egypt has inaugurated the Upper Egypt Railway Station in Bashteel, Giza, marking a significant milestone in…
United Marine Egypt Shipping Becomes First Customer for Neom-Backed Seaglider
October 31, 2024 — United Marine Egypt Shipping (UME) has officially become the launch customer for the Monarch seaglider, an…
Egypt Expands Cotton Production to Meet Rising Global Demand
Cairo, Egypt — In response to increasing global demand for cotton, Egypt has expanded its cotton-growing area by 23%, bringing…
Egypt Plans IPO for United Bank in Early 2025
Cairo, Egypt — Egypt’s central bank is preparing to list the state-run United Bank on the local stock exchange in…
Egypt Pursues New Mega-Development Deals Along Red Sea Coast
Cairo, Egypt — Egypt is actively exploring new development opportunities along its Red Sea coast, with Prime Minister Mostafa Madbouly…
Egypt to Boost Gas Imports from Israel Amid Rising Demand
Cairo, Egypt — In response to increasing domestic electricity needs, Egypt plans to raise its natural gas imports from Israel…
Egypt Seeks Gulf Investment to Tackle Energy Blackouts
Cairo, Egypt — As Egypt grapples with frequent power blackouts, the government is turning to Gulf investors to boost the…