Economy
President Lee to unveil large-scale tech investment plans including chip cluster
Reported by AI Image generated by AI
President Lee Jae Myung is set to unveil large-scale investment plans on Monday for semiconductors, physical AI and AI data centers, including a new chip cluster.
Alaa Farouk announced approval of EGP 499.415m in new financing for 372 beneficiaries under the National Veal Project. The funds will support raising and fattening 7,137 head of livestock. This step forms part of the Decent Life initiative aimed at rural development.
Reported by AI
Egypt's cosmetics and personal care market generated more than 900 million dollars in revenue in 2025, fueled by strong demand and sustained growth.
Hong Kong finance chief Paul Chan said the city is positioned to help Beijing promote its China Opportunity 2.0 initiative to global investors.
Reported by AI
Egypt is positioning digital freelancers at the center of its strategy to grow cross-border services and digital exports, according to a senior official.
An estimated 100,000 electric vehicles now circulate in Ethiopia one year after restrictions on fossil-fuelled vehicles took effect. The vehicles test insurance rules written for petrol cars.
Reported by AI
South Korea lowered price ceilings on fuel products on Friday. Finance Minister Koo Yun-cheol vowed to freeze electricity and gas rates in the second half of the year.
Swedish fuel tax cut starts Wednesday with expected Norwegian rush
June 28, 2026 16:15Ruto shifts focus from Uhuru with emphasis on affordable housing
June 28, 2026 15:24Seoul shares open lower amid Iran ceasefire uncertainty
June 28, 2026 13:20Dance band VAT lowered from July but not cheaper everywhere
June 28, 2026 09:58Trump's threats of troop withdrawal cause unrest in German communities
June 27, 2026 23:09Egyptian ministers discuss start-up financing fund
June 27, 2026 20:14Remittances surpass US$1 billion mark for 24 straight months
June 27, 2026 14:20South Africans may see fuel price cuts from next Tuesday
June 27, 2026 13:07Senate approves idea to legislate reconstruction tax reform bill
June 27, 2026 10:01MSMEDA marks 35 years with EGP 79.6bn in financing