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Ministry of Planning, Economic Development, and International Cooperation - Egypt
Source: Ministry of Planning, Economic Development, and International Cooperation - Egypt |

Minister of Planning, Economic Development & International Cooperation Announces Disbursement of €1 Billion from the EU under the Macro-Financial Assistance & Budget Support Mechanism (MFA) Following the Implementation of 16 Measures under the National Structural Reform Program

This financing forms part of the broader package signed in October during the first Egypt–EU Summit in Brussels

H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, announced today, Thursday, the disbursement of €1 billion in concessional development financing from the European Union under the first tranche of the second phase of the Macro-Financial Assistance and Budget Support Mechanism (MFA). This disbursement follows the announcement…

Delegation of the European Union to Egypt
Source: Delegation of the European Union to Egypt |

Commission provides €1 billion in macro-financial assistance to Egypt

This financial support, the first of the expected three instalments under the ongoing €4 billion MFA operation, will help Egypt cover part of its ongoing financing needs and ensure macroeconomic stability

Today, the European Commission disbursed €1 billion in Macro-Financial Assistance (MFA) to Egypt, an important commitment of the EU-Egypt Strategic Comprehensive Partnership signed in March 2024.   Ursula von der Leyen, President of the European Commission said: “Egypt is an important strategic partner for the European Union. Today's €1 billion payment shows both the EU's commitment to this partnership…

Barq Group

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    • Barq Group and Elroy Air to Establish Chaparral Manufacturing Joint Venture in Abu Dhabi
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Source: Barq Group |

Barq Group and Elroy Air to Establish Chaparral Manufacturing Joint Venture in Abu Dhabi

Barq Group and Elroy Air signed an agreement to form a $200 million joint venture for the manufacturing and servicing of autonomous cargo aircraft in the UAE

Barq Group (www.BarqEV.com), the leader in smart mobility and logistics solutions in the MENA region, and Elroy Air, the leading U.S.-based developer of autonomous aerial systems for middle-mile logistics, today announced the signing of an agreement. This collaboration between the parties establishes the framework for a joint venture (JV) that…

United Nations Support Mission in Libya (UNSMIL)
Source: United Nations Support Mission in Libya (UNSMIL) |

Libyan youth engage on United Nations (UN) Youth, Peace and Security agenda in Amman

Participants highlighted regional challenges, including limited institutionalised youth engagement, uneven implementation of Youth, Peace and Security commitments, and the need for stronger coordination

Libyan youth are helping shape the next decade of the Youth Peace and Security agenda in the Middle East and North Africa, bringing national priorities into a regional effort to move youth participation from policy commitments to tangible action on the ground in Libya. Three Libyan youth-led civil society organisations,…

Presidency of the Arab Republic of Egypt
Source: Presidency of the Arab Republic of Egypt |

President El-Sisi Inaugurates Egypt Defence Expo (EDEX 2025)

The President also inspected the pavilions of the United Arab Emirates and the Hashemite Kingdom of Jordan

Today, President Abdel Fattah El-Sisi witnessed the opening of the fourth Egypt Defence Expo (EDEX 2025), at Al-Manara International Conference Center and the Egypt International Exhibition Center in New Cairo. The President was received by Prime Minister Dr. Moustafa Madbouly, Commander-in-Chief of the Egyptian Armed Forces and Minister of Defense and military Production…

Presidency of the Arab Republic of Egypt
Source: Presidency of the Arab Republic of Egypt |

Egypt: President El-Sisi Sends Letter to President Abbas on International (Int.) Day of Solidarity with Palestinian People

The President paid tribute to the heroic Palestinian people, affirming that Egypt has always been, and will continue to devotedly support the Palestinian cause in all forums

The Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said President Abdel Fattah El-Sisi sent a letter to Palestinian President Mahmoud Abbas on the occasion of the International Day of Solidarity with the Palestinian People, reaffirming Egypt's unwavering position in support of the Palestinian cause and Palestinian people. President El-Sisi emphasized…

World Future Energy Summit

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    • The 2026 edition of World Future Energy Summit
    • Artificial intelligence emerges as a transformative force
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Source: World Future Energy Summit |

World Future Energy Summit 2026 to spotlight potential of Artificial Intelligence (AI) in Middle East’s clean energy sector

Gathering thought leaders, innovators, and policy influencers, the Summit will laser in on AI’s predictive power and its ability to optimise the management of clean energy flows

AI will be key enabler for countries to achieve national clean energy goals AI technologies help companies reduce energy consumption by as much as 60% Artificial Intelligence Conference to explore ways to tackle AI’s energy footprint As artificial intelligence emerges as a transformative force in the clean energy sector, the…

Visa Inc.

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    • Godfrey Sullivan, Head of Product and Solutions for CEMEA at Visa and Phil Sham, CEO of Aquanow
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Source: Visa Inc. |

Visa Partners with Aquanow to Enable Faster Settlement Using Stablecoins

The integration of Aquanow’s digital asset infrastructure with Visa’s world-class technology stack will enable Visa’s network of issuers and acquirers to settle transactions using approved stablecoins

Visa (NYSE: V) (https://www.Visa.co.in/), a global leader in digital payments, today announced the expansion of its stablecoin settlement capabilities across the Central and Eastern Europe, Middle East and Africa region (CEMEA) through a partnership with Aquanow, a global digital assets platform expert in liquidity and infrastructure solutions. The integration of…

Kaspersky

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    • Kaspersky and VDC Research reveal over $18B in potential losses from ransomware attacks on the global manufacturing industry in 2025
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Source: Kaspersky |

Kaspersky and VDC Research reveal over $18B in potential losses from ransomware attacks on the global manufacturing industry in 2025

When ransomware hits, production lines halt, triggering immediate revenue losses from an idle workforce and longer-term shortfalls from reduced output

Kaspersky (www.Kaspersky.co.za) in collaboration with VDC Research announced that in the first three quarters of 2025 ransomware attacks on manufacturing organisations could have generated over $18 billion in losses. This figure reflects just the direct cost of an idle workforce during downtime, with overall operational and financial impacts far exceeding…

AFRICA24 Group
Source: AFRICA24 Group |

The AFRICA24 Group presents : Visa for Music 2025

This edition of Visa For Music, held in Rabat, Morocco, aims to be a vibrant cultural crossroads, bringing together artists, professionals and festival-goers around a rich and diverse programme

From November 19 to 22, 2025, the AFRICA24 Group (https://Africa24TV.com) will offer exceptional coverage of the 12th edition of the Visa For Music Festival 2025, a major event celebrating the cultural richness of Africa, the Middle East and beyond, through a vibrant and eclectic programme. This edition of Visa For…