Business

WB chief affirms keenness on promoting partnership with Egypt

President of the World Bank (WB) Group Ajay Banga affirmed keenness on promoting partnership with Egypt during the upcoming period, in line with priorities of the newly-appointed government toward boosting development in all sectors.

The president of…

US to invest USD 400 mln in semiconductor manufacturing

The US Department of Commerce said Friday that it signed a non-binding preliminary memorandum of terms (PMT) with Amkor Technology, Inc., to provide up to USD 400 million in proposed direct funding under the CHIPS and Science Act.

President Biden sig…

Turkey to offer $30 billion in high-tech incentives

Istanbul, His Excellency Recep Tayyip Erdogan, President of the Republic of Trkiye, announced that Trkiye will provide $30 billion in financial grants and tax incentives for high-tech investments.

His Excellency unveiled the high-tech incentives prog…