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Tag Archives: Egypt

Siemens to digitalize Egypt’s Al Ezz Dekheila Steel with industrial cloud tech for data analytics

DTA solution supports industrial companies to increase asset reliability and availability, while reducing cost In a new step towards digitalizing the future of Egyptian industry, Siemens announced today it has signed a contract with Al Ezz Dekheila Steel Company Alexandria SAE (EZDK) to deploy the company’s leading digital industrial solutions across EZDK‘s diverse steel production assets. Under the agreement, Siemens …

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Egypt’s Global Telecom’s profit boosted by Algerian arm

Company’s shares edged 0.21% higher on Monday Shares in Egypt’s Global Telecom Holding (GTH) rose on Monday as the company reported a rise in fourth quarter (Q4) 2018 earnings. The company’s Q4 2018 net profit amounted to $98 million, compared to a loss of $136 million for Q4 2017. GTH’s shares added 0.21 percent on Monday, and have gained 28.23 …

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UK – UNICEF Partnership to support Education Reform in Egypt

A three-year project (GBP 12 million) agreed among the Government of Egypt, Foreign Commonwealth Office (FCO) and UNICEF In an official ceremony on Sunday, February 4, the Egyptian Minister of Education and Technical Education, Professor Dr. Tarek Shawky; the British Ambassador to Egypt, Sir Geoffrey Adams; and UNICEF Representative in Egypt, Bruno Maes, launched a three-year project agreement titled “Integrated …

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Statement by International Monetary Fund (IMF) Managing Director Christine Lagarde on Egypt

The Egyptian authorities embarked on an ambitious economic reform program in 2016 that is being supported by an International Monetary Fund (IMF) financial arrangement Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today: I would like to take this opportunity to commend the patience and commitment of the Egyptian people to the reform …

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Egypt shares its education reform vision in London

The Education World Forum in London welcomed delegations from across the globe to present the country’s vision on reforming education His Excellency Minister of Education Tarek Shawky headed the high-ranking Egyptian delegation is headed by. There is no place better than the Education World Forum and BETT show for Egypt to share its vision with world leading pioneers, experts and …

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Merck Foundation partners with National Cancer Institute of Egypt to provide Master Degree in Medical Oncology for African Doctors

This initiative is a part of Merck Foundation’s ‘Merck Cancer Access Program’ that has been initiated by the Merck Foundation to increase the limited number of oncologists across Africa Merck Foundation supports Africa through the partnership with Egypt, to build the Cancer Care Capacity in the African Continent; Through this partnership, Merck Foundation aims to provide two-year Medical Oncology Master …

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GEMS Education exercises its option to increase ownership in Egypt schools

Investment involves phased roll-out plan over a 5-year period catering for up to 40,000 students GEMS Education and EFG Hermes plan to acquire more than 30 schools in Egypt 50/50 joint venture will offer investors unique access to Egypt – MENA’s largest education market – with over 20 million enrolled students Dubai, United Arab Emirates: GEMS Education, one of the …

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WFP celebrates 50 years in Egypt with launch of Knowledge-Sharing Partnership with Government

The agreement allows for WFP and the Government to share and expand its expertise on interventions in areas such as water management, nutrition, diversification of livelihoods and increased agricultural productivity Celebrating the 50th anniversary of the United Nations World Food Programme (WFP) in Egypt, the Egyptian Government and WFP yesterday signed an agreement to benefit neighbouring and African countries through …

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Egypt pledges a number of initiatives to boost investment, integration and governance during Africa 2018 Forum

A Guarantee Fund created to assist Egyptians companies to invest in the continent Egypt sends a clear message of intent as it prepares to take over chairmanship of the African Union; A Guarantee Fund created to assist Egyptians companies to invest in the continent; Governance and the fight against corruption, two core issues at the centre of their AU agenda. …

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Egypt’s Nawah Scientific bags $1m and plans on disrupting scientific research

Nawah Scientific announced today closing its pre-series A round of 1M USD. With a mission to empower scientific research and scientists in the region, Nawah has established a core hub of advanced equipment specialized in natural and medical sciences. Nawah’s online platform receives experiments requests, a courier collects samples for analysis, Nawah’s scientists carry needed tests and return results online. …

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