The acquisition of a minority stake in Kenzi Wealth represents EFG Hermes’ significant commitment to driving innovation in the fintech sector.
22.05.2024
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News by
Wamda
The first of the Velaro EGY high speed trainsets which Siemens Mobility is to supply to Egypt is undergoing dynamic testing at the Wegberg-Wildenrath.
22.05.2024
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News by
Railway Gazette International
The company aims to enhance production and inject further investments into Egypt's petroleum sector.
22.05.2024
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News by
oil and gas middle east
The loan is part of a potentially larger financing programme that could be implemented in multiple stages.
22.05.2024
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News by
Ahram Online
Representative Amr Darwish warned that Uber’s request to access the citizen database violates national security.
22.05.2024
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News by
Egypt Independent
The Egypt-based VC firm Glint has completed the first close of its second venture fund, which will invest in early-stage startups, at US$3 million.
22.05.2024
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News by
Disrupt Africa
Egypt’s tourism revenues hit $4.3 billion over the first four months of 2024, according to the country’s Minister of Tourism Ahmed Issa.
22.05.2024
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News by
economy middle east
The devaluation of the Egyptian pound has dented revenue at contractor Orascom, although this was partially offset by a strong performance in the US.
22.05.2024
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News by
construction briefing
Saudi Arabia emerged as the top importer of Egyptian goods, with imports totaling USD 2.7 billion.
22.05.2024
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News by
Scene now
The added storage capacity is expected to contribute to oil storage and export operations for the upcoming 2024 - 2025 fiscal year.
22.05.2024
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News by
Enterprise
In 2022, Egypt launched an initiative to export real estate with an aim to bolster the local property market and increase foreign currency reserves.
21.05.2024
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News by
economy middle east
This revival caused the significant increase in the number of tourists traveling to Egypt from Türkiye, thanks to the visa facilitation process.
21.05.2024
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News by
daily sabah
The SwitchMed III initiative was funded by the European Union (EU) and implemented by the United Nations Industrial Development Organization (UNIDO).
21.05.2024
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News by
eco textile
Egypt-based Cash for Microfinance, a subsidiary of Beltone Holding, has partnered with Microfinanza Italia to launch a $2.4 million project.
21.05.2024
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News by
Wamda
Under the least severe scenario, the projected cost to the Egyptian economy would decrease to $5.6 billion for the current and the upcoming FYs.
21.05.2024
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News by
Zawya
Jung detailed that the factory's current production capacity stands at 6 million units annually, encompassing televisions, mobile phones, and tablets.
21.05.2024
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News by
MENAFN
EgyptAir, the national carrier of Egypt, is set to expand its Cairo-New Delhi service to daily flights, up from the current four flights per week.
21.05.2024
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News by
Travel and tour world
These revisions reflect reduced pressures on these banks' capital ratios in the upcoming FY2024/2025.
21.05.2024
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News by
economy middle east
Egypt plans to increase the foreign tourist flow annually by 25% in order to reach the figure of 30 million tourists by 2030.
21.05.2024
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News by
oreanda news
Net Interest Income increased by 71% to reach EGP 1.4 billion by the end of March 2024 compared to EGP 841 million over the same period in 2023.
21.05.2024
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News by
eledtisadenews
