News
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Schneider Electric and Tatweer Misr: Partnership shaping future of real estate in Egypt
Partnerships play a crucial part in accelerating digital transformation and sustainability in the local real estate market.
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NBE, Banque Misr offer new dollar certificates
Banque Misr and the National Bank of Egypt are now offering up new US dollar savings certificates, characterized by high returns.
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UNDP, ITIDA launch new tech-project plan
The project’s focus is to build an ecosystem that fosters innovation, eases access of finance, and creates a network of all actors involved.
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Premiums rise by nearly 29% in Egypt
Data from Egypt’s Financial Regulatory Authority showed that local insurers recorded a 28.9% year-on-year growth.
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Oil minister confers with Apache officials on exploration activities in Med. Sea
Molla said Apache has recently achieved many successes as part of a promising program for digging oil wells in the Western Desert.
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Due diligence on Egypt’s United Bank to kickstart end of September: CBE
The due diligence for the acquisition of the United Bank is scheduled to start by the end of September 2023.
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Citizens complain about lack of units matching CBE’s mortgage finance initiatives’ requirements
Sara Soliman said that unit prices do not reflect their areas and locations.
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Egypt to represent Africa in AIIB's 8th annual meeting in Sharm El-Sheikh
Egypt is set to represent Africa at the eighth annual meetings of the Asian Infrastructure Investment Bank (AIIB)
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Egypt: KIMA posts 83% YoY profit growth in FY 2022/23
Sales surged 48.88% YoY to EGP 6.611 billion in FY 2022/2023, compared to EGP 4.440 billion in the FY before.
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Egypt discusses investment opportunities with Tarastan
The visit comes as part of the minister’s plan to enhance cooperation and industrial integration with major republics of Russia and the Eurasian Uni
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Sisi orders continuing support to increase volume of MSME enterprises
This came during Sisi’s meeting on Sunday with Prime Minister Mostafa Madbouly and Head of MSEA Bassel Rahmy.
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Here’s when daylight savings time will end in Egypt
The summer daylight savings time will end on Thursday, October 26, at 23:59, with the clock shifting back 60 minutes.
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US Embassy in Egypt concludes camp on threats of AI and misinformation in media
Digital Skills Camp dealt with the advantages and risks of artificial intelligence (AI) in media, and the creation of ethical media content.
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US Corp. "Apache" Pto Invest $1.4 Billion in Egypt's Energy Sector
CEO of Apache Corp. said that the company is committed to its investments in Egypt and looks forward to the government's support.
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E-commerce to fuel aper packaging market growth in MEA
Propaper Dubai 2023 will host a large contingent of global paper and packaging companies which are at the vanguard of innovation.
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Changi Airports International signs deals to develop Cairo International Airport
Changi Airport has won the Skytrax World’s Best Airport Award a record 12 times, and is one of the top airport hubs in the world.
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Egyptian company to manufacture Indian mobile phones locally
The company will launch some production lines for the manufacture of mobile devices to third parties, in order to attract investments in this field.
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Egypt authorizes IFC to issue local currency bonds in global markets
The Egyptian Cabinet has approved permitting the IFC, to issue Egyptian pound bonds in international markets.
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Promoting tourism with mangoes: Festival northeast of Cairo is major draw
The festival was organized in cooperation with the Ministry of Tourism and Antiquities.
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Egyptian President extends Hassan Abdalla's term for one year
Abdalla succeeded the former governor Tarek Amer, who resigned from the position a year before the end of his term.