News
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Saudi Batterjee Group announces acquisition plans in Egypt’s pharmaceutical market
The Saudi Batterjee Holding Group has unveiled its plans to acquire a pharmaceutical company listed on the Egyptian Exchange (EGX) within 6 months.
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Hisham Mahran, Chief Business Officer at Orange Egypt Discusses Long-Term Strategy and Future Investment
On the sidelines of ICT, Hisham Mahran, Chief Business Officer at Orange Egypt shares a lot of insights on the company’s future investments.
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Egypt's International Cooperation Minister participates in G20-Africa Summits
International Cooperation Minister Rania Al-Mashat joined on Tuesday the G20 Compact with Africa (CwA) summit hosted by Germany.
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Egypt is seeking to issue additional green and sustainable bonds, Maait
Maait also emphasized Egypt’s successful issuances of various bonds - foreign-currency-denominated and green.
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EBRD and A³&Co.® join forces to drive decarbonisation at Arabian Cement Company in Egypt
The Arabian Cement Company has been a leading player in Egypt's cement industry since 1997, with two production lines in Sokhna, Suez Governorate.
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Egypt, Qatar to boost cooperation over governance and sustainable development
Qatar recently announced that it will invest around $1.5 billion into Egypt’s industrial sector in 2024.
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EIB strengthens Middle East and North Africa cooperation with new Cairo hub
The European Investment Bank (EIB) has inaugurated a new regional hub in Cairo to foster cooperation in Middle Eastern and North African (MENA).
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Egypt's electronic payment system surpasses LE 7.8T, benefits 20M citizens annually
The total transaction value for 59 economic entities through the system during the fiscal year 2022-2023 amounted to about LE 3.46 trillion.
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Orange Egypt Exhibits Newest Cybersecurity Technologies, Digital Twins, and Fifth-Generation Robotics at Cairo ICT 2023
Orange's participation in the event is part of the company's expansion strategy to provide digital solutions to Egyptian businesses.
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Will the foreign exchange crisis in Egypt end soon?
Prime Minister Mostafa Madbouly assured Saturday that Egypt’s currency crisis is “transient” and will come to an end soon.
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Emirates NBD, Turkish Hayat sign €30 mln loan to establish tissue facility in Ain Sokhna
Earlier this year, Egypt and Turkey expressed their intention to further develop trade exchange and encourage Turkish investments in Egypt.
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Egypt, Zimbabwe agree to boost cooperation in agriculture, infrastructure
The meeting took place during Mnangagwa’s visit to Egypt, where he attended the third intra-African Trade Fair.
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President El-Sisi Holds Meeting on Developments of Agriculture and Irrigation National Projects
The Spokesman for the Presidency Counselor Ahmed Fahmy said the meeting reviewed programs to modernize the agricultural sector in Egypt.
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Egyptian govt taps Jan De Nul for Egypt-Europe undersea export cable
Jan De Nul will carry out a financial and technical study with the ultimate intention of participating in the development of the project.
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SCZone, EBRD sign consultancy agreement for Ain Sokhna seawater desalination project
The agreement also includes conducting the necessary legal, technical and environmental studies to implement the project by specialized consultants.
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Egypt will host the largest international competition in the field of programming and artificial intelligence for childr
“Shagoof” organizes the “codeavour” competition for programming and artificial intelligence to develop children’s skills... next February.
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Explainer: What Egypt’s $14.7 bln NWFE achieved in 2023
The Ministry of International Cooperation held a high-level roundtable of the Nexus of Water, Food, and Energy (NWFE) program on the first anniversary
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FinTech companies attracts $800M in 2022: CBE
The CBE's efforts in electronic payments have resulted in the issuance of 62 million electronic payment cards.
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Saudi Al-Lami Group to invest $500 million in Egypt's tourism and real estate sectors
The Saudi Al-Lami Holding Group unveiled its plans to make a substantial investment of $500 million in Egypt over the next two years.
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Khazna Data Centers and Benya Group ink historic deal to establish Egypt’s first premier Hyper-Scale Data Center
The data center reflects these organizations’ shared dedication of promoting Digital Transformation and innovation in Middle East and North Africa.