The Prime Minister of Yemen emphasized the significance of ongoing consultations with the International Monetary Fund to support economic recovery efforts in the country. He highlighted that coordinated […]
Economy
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Finance Minister Expects Successful Completion of Fifth and Sixth IMF Reviews Soon
Ahmed Kojok, Egypt’s Minister of Finance, stated that the fifth and sixth reviews of the country’s economic reform program with the International Monetary Fund are expected to be […]
Economy
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Egyptian Economist Highlights State-Led Industrial Development Initiatives
Dr. Khaled El-Shafey, an economic expert, emphasized that the industrial sector plays a pivotal role in Egypt’s economy. He noted the government’s ongoing efforts to expand the industrial […]
Economy
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Minister Highlights Egypt’s Commitment to Strengthening Economic Ties with Malaysia
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 […]