Dr. Sherif Farouk, Acting Minister of Supply and Internal Trade, represented the Prime Minister at a ceremony hosted by the Malaysian Embassy in Cairo to mark Malaysia’s National […]
Uncategorized
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Egypt and Norway Discuss Expanding Green Energy and Industrial Collaboration
Egypt’s Minister of Public Business Sector, Engineer Mohamed Shimi, met with Norway’s Minister of International Development, Osmond Okrost, at the ministry’s headquarters in the new administrative capital, as […]
Uncategorized
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Constellation Brands CEO on Navigating Market Challenges and Consumer Trends
Constellation Brands (STZ) delivered a mixed performance in its second quarter, with softness in wine and spirits offset by sustained strength in beer sales. CEO Bill Newlands appeared […]
Technology
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OpenAI’s Potential For-Profit Shift and Its Strategic Implications for Microsoft
OpenAI, the developer behind ChatGPT, is evaluating a structural transformation from its current non-profit status to a for-profit entity under the framework of a Delaware public benefit corporation. […]
Markets
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What Investors Should Watch Next Week: Fed Minutes, Inflation Data, and Major Bank Earnings
Next week brings a series of key developments that could shape market direction. Investors will hear from several Federal Reserve officials, including Governor Michelle Bowman, who was the […]
Real Estate
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New Administrative Capital Reaches 335 Billion EGP in Assets, Aims for 1 Trillion
Egypt’s New Administrative Capital has evolved from a visionary blueprint into a functioning economic hub, marking a significant milestone in the country’s urban and financial development. As of […]
Economy
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Parliamentary Committee Advocates for Strengthening Domestic Manufacturing in 2025/2026 Economic Plan
Egypt’s House Industry Committee has recommended enhancing local industrial production as a central component of the country’s 2025/2026 economic strategy, aiming to foster sustainable economic growth. The proposal […]
Economy
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Egyptian Economic Reforms Expected to Yield Tangible Results Within Two to Three Years, Says Former Finance Minister
Economic reform programs are widely recognized as essential tools for governments aiming to strengthen financial stability and improve macroeconomic conditions over the long term. However, their impact is […]
Economy
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Economic Fallout of Gaza Conflict: Regional Losses Exceed $200 Billion
The Gaza conflict has evolved into a profound economic crisis, extending far beyond military confrontations and reshaping the stability and growth landscape across the Middle East. Since October […]
Economy
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East Texas State Fair Generates $28.8 Million in Economic Activity
The East Texas State Fair has contributed significantly to the regional economy, generating an estimated $28.8 million in economic activity. This figure reflects spending across various sectors including […]