Year: 2022

Egypt’s PM stresses gov’t’s support for industrial sector amid Russian-Ukrainian conflict

To be specific, the meeting discussed the results of the financial and…

Sami Hegazi

EFG Hermes completes advisory on $6.1bn IPO of state-owned DEWA on the DFM

This is the largest ever listing in the Middle East since 2019…

Fatma Salah

Egyptian Cabinet approves draft law prohibiting underage marriage

During its weekly meeting, the Egyptian cabinet approved on Tuesday a draft…

Daily News Egypt

ADQ acquires stakes in five largest Egyptian companies in deals worth $1.8bn

The shares that were bought are as follows: 17.1% from the CIB,…

Fatma Salah

Russian invasion to shrink Ukraine economy by 45% this year: World Bank

Emerging economies in Europe, Central Asia also hit hard

Daily News Egypt

Geidea collaborates with Fatoura to provide digital solutions for retailers

The partnership allows merchants to manage their stock of goods through the…

Fatma Salah

Elections necessary to bring Libya out of cycle of transitional governments: US ambassador

US works with key actors on all sides to maintain stability, meet…

Sami Hegazi

ADQ acquires stake in CIB with a value of $911.457m

ADQ also executed another transaction on Fawry’s shares for 215.124m shares at…

Hossam Mounir

Orange Egypt signs exclusive agreement with Visa for Orange Cash customers

This exclusive agreement comes in line with Orange’s keenness to enrich its…

Daily News Egypt

Egypt’s Ambassador to Brussels discusses cooperation in agriculture and employment with EU officials

The meeting tackled ways to strengthen cooperation between Egypt and the EU…

Sami Hegazi