Avanz Capital Egypt invests in Bosta to boost its innovation, regional growth
Avanz Capital Egypt, the private capital arm of Avanz Capital Management, and Avanz Manara for Private Equity (Avanz Manara) have invested in Bosta, a leading technology-based shipping and logistics company…
Egypt Post hosts ‘PRIME’ workshop to enhance postal services in Africa
Egypt Post is hosting a workshop on the “PRIME” agreement, which is organized by the International Bureau of the Universal Postal Union and aims to improve the quality of postal…
CEQUENS celebrates 13 years of innovation, growth in communication sector
CEQUENS, a global omnichannel communication platform that offers integrated communication channels such as SMS, voice, and other messaging applications, has announced its key milestones and growth strategies in Egypt and…
Minister of Communications visits Hungary to boost cooperation in information technology
Amr Talaat, the Minister of Communications and Information Technology, travelled to Budapest, the capital of Hungary, for a two-day visit. He met with government and company officials to discuss cooperation,…
Libya declares state of extreme emergency over groundwater crisis in Zliten
The Libyan government, backed by the parliament, declared a state of extreme emergency in the city of Zliten in the west of the country on Tuesday, due to the rising…
Egypt’s IMC, EFIA discuss ways to develop industry in various sectors
The Industrial Modernization Center (IMC) is committed to supporting emerging national companies by promoting local manufacturing, which the state strongly supports, to enhance the competitiveness of products and reduce imports,…
Afreximbank leads BADEA’s first €500m social bond
The African Export-Import Bank (Afreximbank) announced that it has successfully acted as Joint Global Coordinator for the first €500m RegS-only senior unsecured social bond issued by the Arab Bank for…
Gold sales stall in Egypt
The local gold price in Egypt is unstable, with inconsistent pricing and trading, according to a Gold Bullion report. The shops are worried about their gold reserves and the lack…
Minister of Tourism urges new hotel investment incentives
The Minister of Tourism and Antiquities, Ahmed Issa, urged the banks and the private sector institutions to provide hotel investment incentives according to the new regulations approved in a cabinet…
Egypt, General Electric cooperate in health sector
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, Tuesday met with representatives of General Electric at the Arab Health Exhibition in Dubai, UAE. The exhibition will run from January…