Egypt News Archives - Page 3 of 5

25May

By Africa BusinessNo Comments

Egypt News

Esaal Completes $1.7M Seed Round

A15 invests final tranche of Seed round in online health & wellness platform for further expansion across MENA Cairo, Egypt. Esaal, one of the largest technology platforms for online health and wellness consultations in the MENA region, has completed the final tranche of its $1.7M Seed funding round, led by A15. This tranche brings the company’s total investment to date to $3M since being founded in 2018. Esaal will continue to deploy this tranche of capital to scale its expansion across the MENA region, further invest in product and brand development, and increase talent acquisition. A15 has been backing Esaal since it was founded to solve the rising health needs in one of the world’s most underserved markets in accessing health and wellness services. The platform delivers a conve...

6Jan

By Africa BusinessNo Comments

Egypt News, Ghana News, Main, Morocco News, South Africa News

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 explosive growth of young, urban, and digitally savvy consumers; increasing mobile phone penetration; the creation of digital payment and shopping networks; favorable governmental regulations and spending initiatives; and significant investment by both foreign and domestic companies. In the most stable times, retailers expanding their global footprint face a series of difficult decisions. Yet in the wake of COVID-19, together, these f...

3Dec

By Africa BusinessNo Comments

African News, Egypt News, Ethiopia News, South Africa News

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 2020 report provided a perspective on where the world was just before the impact of COVID-19 was felt. In this year’s report, the data used—largely collected from 2020 and early 2021 publications—provides a view of the impact of the first year of the pandemic. It also sheds light on the different recovery trajectories across the world’s global cities,” says Prashaen Reddy, a partner at global managemen...

5Nov

By Africa BusinessNo Comments

Egypt News

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 the future. Bin Zayed watched the pharaonic real coffin and replicas, along with the shows of the modern initiatives recently launched by Egypt. Sheikh Mohammed bin Zayed was received by Ashraf Al Deep, Consul General of Egypt in Dubai and Ashraf Hamdy, Head of the Egyptian Commercial Office in Dubai. This important visit follows many other visits by high-level UAE officials to the Egypt pavilion, which showcases how strong are the Egyptian-UAE ties. For mo...

20Oct

By Africa BusinessNo Comments

Egypt News, GITEX, Tech

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 day of the inaugural Leaders Vision summit, H.E Dr. Amr S. Talaat, Egypt’s Minister of Communications & IT, revealed the country’s ITC Vision 2030 aims to transform the nation into a world-leading digital services exporter. And Dr. Talaat said the vision was already producing results with 3,000 software engineers now exporting services to Europe’s automotive industry with more to come. He told the audience that 2,500 electronic engineers were now ...

9Aug

By Africa BusinessNo Comments

Egypt News

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 markets of Egypt, Turkey, the Middle East, and Africa. The new factory will become a regional supply hub and a center of excellence for manufacturing for adhesives serving the hygiene, packaging, labeling, paper converting, and graphic arts, among other industries. “Egypt has naturally become a main gateway to the region and with the new plant, we will extend our current leadership in Egypt and Turkey and grow our competitive position across the em...

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

21May

By Africa BusinessNo Comments

Africa Travel, Egypt News, travel

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 ways to spend a relaxing retreat in the country, but none is better than to unwind with a rich horizon brought by Rixos Alamein, the majestic combination of golden sands and turquoise waters of Rixos Sharm El Sheikh and Rixos Premium Seagate at the Red Sea, and the luxurious leisure activities at Rixos Premium Magawish Suites & Villas. Following all protocols and hygiene measurements imposed by the Egyptian Ministry, all Rixos Hotels Egypt are operat...

20Apr

By Africa BusinessNo Comments

archaeology, Egypt News

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 the Nile River and the famous valley of the three kings. One of the most popular and visited spots ever. All the secrets that this city holds are still for the most part a mystery yet to be unraveled though some parts of it have been interpreted. However, before this Luxor was already popular for having most of the oldest cities in Egypt, Cities that have played important roles over the course of history. Home to the most powerful pharaohs. Zahi Hawass, an Egyptol...

16Apr

By Baker McKenzieNo Comments

Botswana News, Egypt News, Main, Mauritius News, Morocco News, South Africa News

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. According to Lerisha Naidu, Partner in Baker McKenzie’s Competition & Antitrust Practice in Johannesburg, “These efforts were aimed at curbing the persistence of unjustified price hikes, anticompetitive cooperation between competitors and other harmful business practices that sought to undermine competition. In addition to the urgent responses to the unprecedented impacts of the global COVID-19 c...

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

9Feb

By Africa BusinessNo Comments

Egypt News, Tech

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

- 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 build a new data center to provide cloud services for Egypt’s ‘New Administrative Capital'. The project will be implemented in collaboration with Orange Egypt, who will supply the required infrastructure and services, following their appointment as the project’s prime contractor by Administrative Capital for Urban Development (ACUD) – owner and developer of the New Administrative Capital. The ACUD project has been designed as a smart sustainable...