Nabiora

Egypt news

What matters across Egypt and Hurghada: recent stories first and earlier coverage in the archive.

Stories: 712

Stories: 712

News archive

Earlier coverage in a compact, duplicate-free view.

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Infrastructure

Aid convoys continue to enter Gaza through the Rafah Crossing

The relevant supervisory authorities continued today, Monday, allowing convoys of trucks carrying various types of relief aid to enter from the Rafah land crossing to the Kerem Shalom crossing, in order to bolster efforts to meet the needs of the Palestinian people in the Gaza Strip. A source at the Rafah crossing confirmed to “Al-Shorouk” that convoys of trucks loaded with hundreds of metric tons of essential food items, medical supplies, basic necessities, tents, and petroleum produc

Infrastructure

Egypt signs contract to establish EGP 2bn electric battery plant with CATL

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a contract to establish an electric battery manufacturing plant in Egypt through a partnership between Egyptian battery manufacturer BME and China’s Contemporary Amperex Technology Co. Limited (CATL), one of the world’s largest electric battery manufacturers. The agreement was signed by Maged Wahib, chairman of BME, and [...] The post Egypt signs…

Economy

Egyptian Competition Authority approves seven M&A, joint venture transactions

The Egyptian Competition Authority (ECA) has approved seven applications involving mergers, acquisitions, and joint ventures as part of its review of economic concentration transactions. The approvals include the proposed acquisition by Indo Suez for General Trading of a 51% stake in Fanar Foods. The authority also approved the indirect acquisition by Genel Energy PLC of [...] The post Egyptian Competition…