Preloader

Category: Business 9423

Egyptian Economy Records Growth Exceeding Target in 2024-2025, Highest in Two Years at 4.4%
Business
  • 1 mins read

Egyptian Economy Records Growth Exceeding Target in 2024-2025, Highest in Two Years at 4.4%

Egypt's economy grew by 4.4% in the fiscal year 2024-2025, surpassing the targeted 4.2%, driven by growth in tourism, non-oil manufacturing, and telecommunications sectors. Private investment contribution increased significantly, while Suez Canal activity declined due to regional geopolitical tensions.

US Commerce Chief Seeks to Help Taiwan Manufacture 50% of America's Chips Locally
Business
  • 1 mins read

US Commerce Chief Seeks to Help Taiwan Manufacture 50% of America's Chips Locally

The Trump administration is pushing Taiwan to relocate semiconductor investments and production to the US to manufacture half of American chips domestically, aiming to reduce heavy reliance on Taiwan, which produces over 90% of advanced semiconductors worldwide.

Egypt's Agriculture Minister Affirms Support for Lebanese Agricultural Sector - Al-Ahram Gate
Business
  • 1 mins read

Egypt's Agriculture Minister Affirms Support for Lebanese Agricultural Sector - Al-Ahram Gate

Egypt's Agriculture Minister Alaa Farouk affirmed Egypt's full support to enhance agricultural cooperation with Lebanon, noting that Lebanon is the second-largest apple exporter to Egypt, with Egypt importing about 53,000 tons of Lebanese apples in 2024.

Are US Markets Betting on Regulatory Relief to Boost Confidence?
Business
  • 1 mins read

Are US Markets Betting on Regulatory Relief to Boost Confidence?

US markets are moving toward easing regulatory burdens to boost investor confidence. The SEC is considering replacing quarterly reporting with semi-annual reports to reduce costs, encourage innovation, and increase stock market listings.

Cultural Fund Signs Agreement to Establish Second Film Sector Investment Fund Worth 375 Million SAR
Business
  • 1 mins read

Cultural Fund Signs Agreement to Establish Second Film Sector Investment Fund Worth 375 Million SAR

The Cultural Fund signed an agreement to establish the second private investment fund in Saudi Arabia's film sector with a capital of 375 million SAR. The fund aims to boost local and global investments in the film industry. This is the second fund where the Cultural Fund is a main investor, bringing the total investment to 750 million SAR.

Tuesday, September 30, 2025: Dollar Continues to Fall Below 48 Pounds; Selling Price at Lowest Level in a Year
Business
  • 1 mins read

Tuesday, September 30, 2025: Dollar Continues to Fall Below 48 Pounds; Selling Price at Lowest Level in a Year

On Tuesday, September 30, 2025, the US dollar continued to decline against the Egyptian pound, with the selling price reaching 47.95 pounds, the lowest level in a year. Several banks recorded decreases ranging from 11 to 15 piasters.

DMCC Launches Wealth Centre to Support Expansion of Family Offices and Private Capital in Dubai
Business
  • 1 mins read

DMCC Launches Wealth Centre to Support Expansion of Family Offices and Private Capital in Dubai

The Dubai Multi Commodities Centre (DMCC) has launched the Wealth Centre to support the expansion of family offices and private capital in Dubai. Family offices in Dubai manage assets exceeding one trillion US dollars. The centre provides a comprehensive ecosystem for governance, succession planning, and investment strategies with tailored licensing and investment opportunities.

Flaword Paves the Way for Future Programmers with 100 Regional Programming Scholarships
Business
  • 1 mins read

Flaword Paves the Way for Future Programmers with 100 Regional Programming Scholarships

Flaword has launched the "Future Programmers" initiative offering 100 scholarships to children and youth across the Middle East to learn programming and digital skills, in partnership with local educational institutions like Pure Minds Academy in the UAE.

Minister of Local Development Witnesses Launch of Egypt's National Smart Cities Strategy
Business
  • 1 mins read

Minister of Local Development Witnesses Launch of Egypt's National Smart Cities Strategy

The Minister of Local Development launched Egypt's National Smart Cities Strategy, aiming to develop existing and new cities through strategic plan updates, infrastructure improvements, and enhanced citizen participation in sustainable urban development.

Minister of Communications: National Smart Cities Strategy a Step Towards a Digital Society
Business
  • 1 mins read

Minister of Communications: National Smart Cities Strategy a Step Towards a Digital Society

Dr. Amr Talaat, Minister of Communications, announced that the national smart cities strategy aims to build a digital society with accurate databases and advanced infrastructure. The strategy includes upgrading telecommunications networks to fiber optics in new cities and rural areas.

1 67 68 69 70 71 245