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Category: Business 5528

British Embassy in Cairo Hosts Farewell Ceremony for Chevening Scholars
Business
  • 1 mins read

British Embassy in Cairo Hosts Farewell Ceremony for Chevening Scholars

The British Embassy in Cairo held a farewell event for the 2025/2026 Chevening Scholarship recipients, including 29 Egyptian scholars pursuing master's degrees in the UK. The program supports students from Egypt and the wider region to become future leaders.

Al Sharqia Governor Receives Japanese Ambassador in Cairo to Discuss Joint Cooperation
Business
  • 1 mins read

Al Sharqia Governor Receives Japanese Ambassador in Cairo to Discuss Joint Cooperation

Al Sharqia Governor met with the Japanese Ambassador in Cairo to discuss enhancing joint cooperation in various fields, focusing on technical education and industrial investment in the governorate.

Fayoum Governor Discusses Challenges of Developing Kom Oshim Industrial Zone and Supporting Investments
Business
  • 1 mins read

Fayoum Governor Discusses Challenges of Developing Kom Oshim Industrial Zone and Supporting Investments

Fayoum Governor Ahmed Al-Ansari met with investors and utility companies to discuss the development of Kom Oshim Industrial Zone, addressing challenges such as increasing electrical capacity, improving water pressure, road maintenance, and supporting new industrial projects to boost economic growth and job creation.

For the First Time in 30 Years: Central Banks' Gold Holdings Surpass U.S. Treasuries
Business
  • 1 mins read

For the First Time in 30 Years: Central Banks' Gold Holdings Surpass U.S. Treasuries

Gold futures hit a record $3,540 as global central banks' gold holdings surpassed U.S. Treasury bonds for the first time since 1996, amid expectations of a Federal Reserve interest rate cut.

Record High Gold Prices: Ounce at $3540.64
Business
  • 1 mins read

Record High Gold Prices: Ounce at $3540.64

Gold prices hit a record high above $3500 per ounce amid expectations of a US interest rate cut in September. Other precious metals showed mixed price movements.

Sharp Volatility in Global Bond Markets
Business
  • 1 mins read

Sharp Volatility in Global Bond Markets

Global bond markets have seen sharp volatility this year with rapid fluctuations. Long-term bond yields hit record highs in Japan, the US, and Europe amid investor concerns about fiscal and monetary policies.

Al-Muajil: Salam Hosts Data Within Saudi Arabia and Adheres to Highest Governance Standards to Support Vision 2030
Business
  • 1 mins read

Al-Muajil: Salam Hosts Data Within Saudi Arabia and Adheres to Highest Governance Standards to Support Vision 2030

Salam Telecommunications Union Company hosts data within Saudi Arabia and adheres to the highest governance standards to support Vision 2030, adopting the "Cybersecurity by Design" approach and leveraging AI to enhance cybersecurity.

Singapore Criminalizes E-Cigarettes; Immigration Warns Egyptian Travelers Against Violating the Law
Business
  • 1 mins read

Singapore Criminalizes E-Cigarettes; Immigration Warns Egyptian Travelers Against Violating the Law

Singapore has criminalized the possession and use of electronic cigarettes, imposing strict penalties including fines and imprisonment. The Egyptian immigration sector warns travelers to comply with local laws to avoid violations.

With $8 Million Investment, Suez Canal Economic Zone Signs Contract for Chinese Ready-Made Garments Project in West Kantara
Business
  • 1 mins read

With $8 Million Investment, Suez Canal Economic Zone Signs Contract for Chinese Ready-Made Garments Project in West Kantara

The Suez Canal Economic Zone signed a contract with a Chinese company to build a ready-made garments factory in West Kantara with an $8 million investment, aiming to produce 16.5 million pieces annually and create 2,000 jobs, with all production dedicated to export.

Over 5,000 Economic Violations Recorded in August 2025
Business
  • 1 mins read

Over 5,000 Economic Violations Recorded in August 2025

The Ministry of Trade reported over 7,368 economic violations in August 2025, while confirming stable supply in markets except for some subsidized products like coffee and sugar, which were managed by supplying exceptional quantities.

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