Day: September 14, 2023

The global beauty industry continued to gain momentum in the first half of 2023, with online sales up 15% year-over-year, according to the Admitad partner network. The MENA region saw an even stronger increase in online beauty sales, with orders up 20% YoY. This growth was driven by a number…

Egypt University of Informatics (EUI) has launched the “Metaverse for Startups” competition, under the slogan “Extended Reality for the Public Good,” as part of the “Workshop on Metaverse and Artificial Intelligence,” supported by Meta, the American University in Cairo, Meta Academy, and Simplon. The competition aims to showcase and support…

The Africa Climate Summit (ACS) hosted by Kenya last week succeeded in highlighting climate action as a solution to food, energy and debt crises, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda Mahmoud Mohieldin said in an interview with CGTN.Mohieldin stressed…

Hala El-Said, Egypt’s Minister of Planning and Economic Development, met with Sue Barrett, Director of the European Bank for Reconstruction and Development (EBRD) for Infrastructure in Turkey, Middle East, and Africa, on Wednesday to discuss the progress of the bank’s sovereign portfolio and various areas of cooperation between the two…

Minister of Trade and Industry Ahmed Samir announced Wednesday that the ministry issued about 7,200 industrial licences and allocated 4.7 million sqm of industrial land in one year, marking a 530% increase compared to the previous year. He said that the ministry prioritizes new expansions, export capacity and financial solvency…

Egypt is getting ready to host the eighth annual meeting of the Asian Infrastructure Investment Bank (AIIB) in Sharm El-Sheikh on 25-26 September. The event, which will be held in Africa for the first time, will bring together more than 3,000 prominent economic figures and leaders from around the world,…