Egypt

Micron breaks ground on $9bn Hiroshima expansion to chase AI memory demand

Micron Technology broke ground on Saturday on a ¥1.5 trillion, roughly $9.3bn, expansion of its factory in Hiroshima, western Japan, the company’s latest bet on the AI memory boom that has already pushed its market value past $1 trillion. The Boise, Idaho based chipmaker will use the site to produce high-bandwidth memory, the stacked DRAM

Bitcoin Is Passing the Geopolitical Test. Why Is Crypto Rising While Stocks Fall?

In recent weeks, geopolitical tensions have caused strong volatility in global financial markets. However, Bitcoin has shown a contrary reaction to many traditional assets. While global stock markets wiped out trillions of dollars in value and precious metals struggled to maintain gains, Bitcoin and the broader crypto market recorded significant increases. This development is drawing

Potential War Pause Fuels BTC Rally as Shorts Get Squeezed — Can Bitcoin Hit $80K in 5 Days?

On March 23, U.S. President Donald Trump posted an announcement on the Truth Social platform, stating that the U.S. will temporarily suspend military strikes on Iran for five days. According to him, the two sides have held “positive and constructive” negotiations. This move inadvertently triggered a wave of short position liquidations in the crypto market

Egypt as a Global Operations Hub: How It Got Here, and a Framework for Where It Goes Next

In 2003, a newly established subsidiary of Telecom Egypt called Xceed began its first contact center operations in Cairo, handling customer-facing communications for global companies. Its early contracts were straightforward: inbound voice support, handled in Arabic, English, and French. At the time, India, China, and Malaysia dominated the global outsourcing conversation, with Egypt not even

Opella Egypt outlines growth roadmap with EGP 1bn investment, local production focus

Opella Egypt is scaling up its commitment to the local market with total investments of approximately EGP 1bn over the past decade, as the global self-care giant doubles down on local manufacturing, portfolio expansion, and youth development while ruling out an immediate stock market listing. The company, which serves an estimated 15 to 20 million

Egypt, Kenya deepen health, pharmaceutical cooperation to strengthen African health security

Egypt and Kenya have explored ways to expand cooperation in healthcare and the pharmaceutical industry, as Egyptian Health Minister Khaled Abdel Ghaffar took part in the Global Health Summit Nairobi. According to Egypt’s health ministry, Abdel Ghaffar led the country’s official delegation to the summit, which focuses on digital health transformation...

Egypt marks International Nurses Day, reaffirms support for healthcare workers

Egypt’s Health Ministry highlighted the importance of investing in nursing staff and expanding training programs during celebrations marking International Nurses Day, held under the slogan “Supporting nurses saves lives.” Health Minister Khaled Abdel Ghaffar emphasized that nursing staff represent one of the main pillars of Egypt’s healthcare system...

Egypt works to open investment avenues for Czech pension funds: Minister

Mohamed Farid, Minister of Investment and Foreign Trade, said Egypt is actively working to enable Czech pension funds to access investment opportunities in the local market, as part of broader efforts to deepen economic cooperation with the Czech Republic. His remarks came during an expanded meeting with Ivan Jukl, Czech Ambassador to Cairo, and Ondřej

Egypt to Offer Free Natural Birth for First-Time Mothers

Egypt announced that first-time mothers will be able to give birth naturally for free in public hospitals to make childbirth safer and less expensive for families, according to the Ministry of Health and Population on Wednesday, 6 May.  Health officials want to encourage natural births instead of caesarean sections (C-sections), which are common in Egypt.

Egypt private investment grows 73% as government flags further tax cuts

Egypt’s private sector investments surged by 73% during the previous fiscal year and continued to grow at a rate of 42% in the first quarter of the current year, Finance Minister Ahmed Kouchouk said on Monday. Speaking at an Alexandria Businessmen’s Association (ABA) event, Kouchouk stated that the “bet on the private sector” to drive

Egypt and Saudi Arabia cement strategic alliance during high-stakes Ramadan summit

Egyptian President Abdel Fattah al-Sisi met with the Crown Prince and Prime Minister of Saudi Arabia, Mohammed bin Salman bin Abdulaziz Al Saud on Monday in Jeddah, coming as part of President Sisi’s fraternal visit to the Kingdom of Saudi Arabia.   Reception and fraternal ties The Official Spokesperson for the Egyptian Presidency stated that

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Micron breaks ground on $9bn Hiroshima expansion to chase AI memory demand

Micron Technology broke ground on Saturday on a ¥1.5 trillion, roughly $9.3bn, expansion of its factory in Hiroshima, western Japan, the company’s latest bet on the AI memory boom that has already pushed its market value past $1 trillion. The Boise, Idaho based chipmaker will use the site to produce high-bandwidth memory, the stacked DRAM

Bitcoin Is Passing the Geopolitical Test. Why Is Crypto Rising While Stocks Fall?

In recent weeks, geopolitical tensions have caused strong volatility in global financial markets. However, Bitcoin has shown a contrary reaction to many traditional assets. While global stock markets wiped out trillions of dollars in value and precious metals struggled to maintain gains, Bitcoin and the broader crypto market recorded significant increases. This development is drawing

Potential War Pause Fuels BTC Rally as Shorts Get Squeezed — Can Bitcoin Hit $80K in 5 Days?

On March 23, U.S. President Donald Trump posted an announcement on the Truth Social platform, stating that the U.S. will temporarily suspend military strikes on Iran for five days. According to him, the two sides have held “positive and constructive” negotiations. This move inadvertently triggered a wave of short position liquidations in the crypto market

Institutions Are Frantically Buying Bitcoin While Retail Traders Short It — What the Divergence Tells NFT Collectors

In recent weeks, as institutional flows back into the Bitcoin (BTC) market through investment products like ETFs, derivatives market data reveal a contrary trend: many retail traders are still betting on a decline in BTC prices. This divergence not only reflects current market sentiment but could also serve as an early indicator of how capital

India Markets Regulator Reinstates Open Market Buybacks, Tightens Rules for Officials

Updated 19 June 2026 at 18:15 IST The Securities and Exchange Board of India (SEBI) has approved the re-introduction of share buybacks directly through stock exchanges starting August 1, limiting the window to 66 working days with strict promoter lock-in safeguards. SEBI | Image: Reuters India's markets regulator on Friday approved the re-introduction of share