Category Archives: Egypt News

Egypt News

Africa hotel development: It’s Egypt, Morocco, Accor & Marriott

Just four words are needed to sum up the main findings of this year’s African hotel chain development pipeline survey conducted by W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF); those words are Egypt, Morocco, Accor and Marriott. This year’s annual survey, which is widely acknowledged as the industry’s most authoritative […]

Africa is leapfrogging into the future of retail

The bi-annual Global Retail Development Index (GRDI), which is a study of the global retailing landscape has revealed Africa is poised to move away from traditional retail models and become the fastest-growing, richest, and most sophisticated market in the world. Prashaen Reddy, a partner at management consulting firm Kearney says that this is thanks to the […]

Global Cities Report – Five strategic imperatives for city leaders

Last year’s edition of the Kearney Annual Global Cities report provided a revealing overview of urban centres amid the unprecedented public health catastrophe of the COVID-19 outbreak. A stark snapshot was painted of a volatile, increasingly fragmented environment characterized by fierce competition among cities for status, a situation acutely exacerbated by the coronavirus pandemic. “The […]

Sheikh Mohammed bin Zayed tours Egypt pavilion at Expo 2020 Dubai

His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, toured Egypt pavilion at Expo 2020 Dubai and expressed his admiration for the display and amazing content of the pavilion, especially the mixture of history and civilization, as well as the vision for […]

UAE Government leaders, African Ministers share insights on their digital transformation agenda at GITEX GLOBAL 2021

Africa is set to power the world’s digital transformation with its huge young talent base powering an offshore services export revolution with Egypt in pole position and Ghana set to lead on bridging the digital gender divide. Insights shared by Leaders during GITEX GLOBAL Leaders Vision Summit in Dubai. Speaking on the Africa focus opening […]

H.B. Fuller to Build New Facility in Egypt

The new plant will become a regional production hub for the company’s adhesives business growth in the Middle East and Africa Cairo, Egypt – H.B. Fuller (NYSE: FUL), a leading global adhesive manufacturer, announced on 4 August a strategic investment to build a new facility in Cairo to support customers’ increased demand in the fast-growing […]

Trip to Egypt! Buckle Up for the Most Luxurious Staycation at Rixos Hotels Egypt

Pack your bags and head to Rixos Hotels Egypt’s chain of luxurious properties! Egypt is finally welcoming back international tourists from the GCC region after the travel restrictions and Rixos Hotels Egypt is offering discerning guests with the most blissful getaway to take a breather and escape the stresses of life. There are loads of […]

The Lost Golden City of Egypt

One of the most profound discoveries in recent times is the “Lost Golden City”, discovered in Egypt. The remains were found in Egypt by archeologists declared to be the largest ancient city found in the entire country. The “Lost Golden City” had been sleeping within Luxor for over three thousand years buried under sand near […]

Competition law in post-pandemic Africa a key driver for market participation, consumer protection and fair practices

 With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business practices. However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction. […]

Orange Business Services to design and build cloud-based ICT infrastructure for Egypt’s newest smart city

Sahem Azzam, Vice President Middle East, Africa and Turkey, Orange Business Services

 – Selected as master system integrator to deliver a new data center, offering critical cloud and smart services –  Supports Orange Egypt – the prime contractor – in a multimillion Euro project to develop part of the New Administrative Capital Orange Business Services, a network-native digital services company, has announced that it will design and […]

African dealmaking decreases, the Africa’s Free Trade Agreement expected to boost recovery

Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]

A Young Egyptian Researcher Attracts the Attention of British and European Oil Companies. Dr. Mohammad ElSayed Develops the First Multi-Sensing Robot System for Monitoring Offshore Oil and Gas Platforms in Britain

In an interview with Iris Media Agency, Dr. Mohammed ElSayed, a young Egyptian researcher at the University of Edinburgh, asserted that his success in developing a new multi-sensing robot has attracted the attention of both British and European oil and gas companies. Dr. Mohammad, who is currently spending his vacation in Abu Dhabi, mentioned that his novel invention will […]

Exclusive Interview with NJ Ayuk

NJ Ayuk is the CEO of Centurion Law Group and the Executive Chairman of the African Energy Chamber.

NJ Ayuk is the CEO of Centurion Law Group and the Executive Chairman of the African Energy Chamber. His experience negotiating oil and gas deals has given him an expert’s grasp of Africa’s energy landscape. He is the author of few books and one of them named “Billions at Play: The Future of African Energy and […]

How Egypt banks on renewables to meet expected surge of energy demand

Essakane hybrid power plant 15 MWp solar PV power plant in Essakane, Burkina Faso. The solar PV plant will be built next to a 55 MW Wärtsilä power plant currently running on heavy fuel oil, Africa’s largest engine-solar PV hybrid power plant.

To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic?  Egypt’s population has now passed 100 million. As one of the most populous and fastest-growing nations on the African continent, providing electricity […]

African competition authorities respond to the COVID-19 crisis

Lerisha Naidu, Partner, Sphesihle Nxumalo, Associate, and Thato Mkhize, Candidate Attorney, Competition and Antitrust Practice, Baker McKenzie, Johannesburg The substantial increase in confirmed COVID-19 cases in Africa has led to innumerable complaints of anti-competitive conduct from customers and consumers across the continent, who have expressed concerns over sudden price hikes of healthcare and hygiene products […]

93% of mobile transactions blocked as fraudulent in 2019 says new report on mobile ad fraud by Upstream

93 percent of total mobile transactions in 20 countries were blocked as fraudulent in 2019 according to a report on the state of malware and mobile ad fraud released today by mobile technology company, Upstream.

98,000 malicious Android apps and 43 million infected devices in 20 countries 32% of most malicious apps still available on Google Play 93 percent of total mobile transactions in 20 countries were blocked as fraudulent in 2019 according to a report on the state of malware and mobile ad fraud released today by mobile technology company, Upstream. […]

The growth of competition laws and enforcement in Africa

Greater Cape Town. January 2007. Photo Credit: Andrew Massyn

By Lerisha Naidu, Partner, and Angelo Tzarevski, Senior Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg African competition law on the continent is the subject of notable growth. An increasing number of jurisdictions have adopted laws and regulations, established authorities, secured membership to regional antitrust regimes and ramped-up enforcement of suspected violations of prevailing competition […]

12 ventures, which represent the best investment opportunities on the African continent

VC4A

VC4A (https://VC4A.com/) is proud to announce the 12 ventures (11 Series A and 1 Seed+) for its 2019 Venture Showcase. They have been vetted by 40 VC investors through a rigorous referral and selection process. The companies demonstrate strong revenues and competitive edge, are well-positioned for regional and internal expansion, and are working on important […]

Professor Sujit Choudhry on the Issue of Constitutional Resiliency

Labour-Day-how-far-Ethiopia-and-the-Globe-made-progress

Professor Sujit Choudhry’s Point of View on Constitutional Restraints Against Populism The reason why Professor Sujit Choudhry is so frequently consulted for his opinion on constitutional best practices is that he is quite literally the man on the ground in some of the most violent countries around the world helping to rebuild governments through constitutional […]

Middle East Facility Management Association hosts an event in Egypt to discuss challenges and opportunities for local FM sector

Middle East Facility Management Association hosts an event in Egypt to discuss challenges and opportunities for local FM sector

 Association aims to improve & strengthen country’s FM industry on back of rising urban sector The Middle East Facility Management Association (MEFMA), which provides a dedicated platform for facilities management (FM) professionals, wider construction industry stakeholders, and owner associations, discussed a wide spectrum of opportunities as well as pressing challenges in Egypt’s FM industry on […]

FVC Partners with Avaya to Help Businesses Across Africa Deliver Next-Generation Digital Experiences

Fadi Hani, Vice President – Middle East, Turkey and Africa, Avaya & K.S. Parag – Managing Director, FVC at the signing ceremony. 2019

Under the Distribution Agreement, FVC will market, deliver and support Avaya’s industry-leading range of solutions in Africa & Egypt. FVC, a leading Value-Added-Distributor in the Middle East and Africa, has partnered with Avaya Holdings Corp. (NYSE: AVYA) to help businesses across North, West, East, Centra Africa and Egypt (NWECA) deliver unmatched customer experiences with Unified […]