The Minister of Energy of the Kingdom of Saudi Arabia, Prince Abdulaziz bin Salman bin Abdulaziz, met with Egyptian Foreign Minister Dr. Badr Abdelatty to discuss enhancing cooperation in the energy sector. This meeting took place in Riyadh on Monday, as reported by the Saudi News Agency (SPA). During their discussions, the two officials explored...
Tag: Central Bank of Egypt
WEEX Crypto Exchange Reports 30% of MENA Clients from Egypt
WEEX, a global crypto exchange, has revealed that 30 percent of its clients in the MENA region are based in Egypt. This significant customer base highlights Egypt’s leading position among countries using the platform, which also includes Algeria, Iraq, Morocco, and Saudi Arabia. Since its launch in the MENA region in January 2025, WEEX has...
Dr. Greiche Group Invests $9 Million in Automotive Glass Facility in Egypt
Dr. Greiche Group has announced a substantial investment of EGP 500 million (approximately $9 million) to establish a high-tech automotive glass facility in 10th of Ramadan City, Egypt. This investment aligns with the country’s national strategy to localize advanced industries and address the domestic production gap, according to a press release from the company. The...
Capgemini to Establish AI Center of Excellence in Egypt by May 2025
Capgemini, a global leader in technology services, is set to launch an AI Center of Excellence (CoE) in Egypt, aimed at enhancing AI-driven innovation for its worldwide clients. The implementation of this new center is expected to begin in May 2025, according to an emailed press release from the company. The CoE will focus on...
Egypt Launches Instant International Remittance Service from UAE and Saudi Arabia
Egypt has officially introduced a new instant international money transfer service that allows citizens to receive remittances directly from the United Arab Emirates and Saudi Arabia. This service operates through a government-aligned digital wallet platform, enhancing the ease and security of receiving funds from abroad. The initiative enables users to access transferred money immediately without...