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Novartis Egypt supports COP27, showcases commitment to water, energy saving

Novartis Egypt supports COP27, showcases commitment to water, energy saving

With the participation of the Ministry of Environment represented by Ahmed Hafez, Head of the Central Administration for Inspection and Environmental Compliance, and Ahlam Farouk Ammar, Head of the Central Administration for the Protection and Improvement of Industrial Environment and Energy, Novartis’s Water Panel discussion shed light on its efforts championing climate action and showcasing on-ground progress.

Daily News Egypt

Euromoney Egypt Conference 2022 to discuss opportunities Sovereign Fund of Egypt is exploring

Euromoney Egypt Conference 2022 to discuss opportunities Sovereign Fund of Egypt is exploring

We’ll be reviewing this year and the years ahead to get a clear picture of the Egyptian investment narrative.  Is the country still fragile, or has the liberalisation of the EGP a lasting turning point? The markets seem to think so — foreign capital is returning, and the EGX-30 is up 1.33% in USD terms year to date and is up nearly 45% in EGP terms since it’s low point in early July.

Daily News Egypt

EBRD supports Egypt’s green economy with $100m loan to Banque Misr for on-lending to local SMEs

EBRD provides $50m to NBK Egypt to support local MSMEs

The package comprises a loan of $40m that NBK Egypt will on-lend to local private MSMEs and a $10m loan under the EBRD Youth in Business programme, co-financed with EU funds under the Egypt Micro and Small Financial Inclusion programme, to be on-lent by NBK Egypt to local private MSMEs that are led or majority owned by entrepreneurs under the age of 35.

Daily News Egypt

Lozan Urban Development Group launches Methaq Development an Egyptian-Saudi partnership new entity with investments exceeding EGP 5bn

Lozan Urban Development Group launches Methaq Development an Egyptian-Saudi partnership new entity with investments exceeding EGP 5bn

Abdullah Al-Amoudi, Regional President of Methaq  Development, expressed his happiness at his presence in his second homeland Egypt, and his new partnership with the Lozan Development Group, stressing that as Saudi businessmen they are happy to be present as investors in the land of Mahrousa, especially since Egypt is one of the most important countries that have strong economic relations with the Kingdom of Saudi Arabia.

Daily News Egypt

Egypt’s NMEC celebrates 100th anniversary of discovery of Tutankhamun’s tomb

Egypt’s NMEC celebrates 100th anniversary of discovery of Tutankhamun’s tomb

CEO of the Museum Authority Ahmed Ghoneim and Italy’s Ambassador in Cairo Michele Quaroni began the celebration by giving a speech in which they welcomed the guests which included Minister of Supply and Internal Trade Ali Al-Moselhi, former minister of antiquities Zahi Hawass, former director of the Library of Alexandria Mostafa El-Feki, a number of ambassadors of foreign and Arab countries in Cairo, a group of higher authorities, and a number of researchers and those interested in the field of archaeological work.

Daily News Egypt