‘Octane’ fuel sales hit EGP 1bn in 2023
Octane, the leading fleet management and digital fuel payments startup announced significant fuel sales amounting to EGP 1bn in the 1st year of operations. The fuel sales were accomplished by…
Opinion| Netanyahu escalates conflict in Southern Lebanon amidst waning US support, seeking political salvation
Israeli Prime Minister Benjamin Netanyahu is determined to do whatever it takes to save himself from the upcoming trials he faces, whether they are related to political, military, or intelligence…
ABE reports impressive growth in business results for 2023
Loan portfolio increases to EGP 78.8bn, benefiting 543,177 customers with 23% growth
NBE manages 28 financing deals worth EGP 322.5bn in 2023
Bank leads market in corporate financing, syndicated loans, with 36% share: Okasha
CBE reconstitutes five main committees affiliated with Board of Directors
They are monetary policy, management, audit, capital markets, banking development committees
Egypt’s Healthcare Authority, French IMM explore cooperation in medical tourism, health investment
Ahmed ElSobky, the Chairperson of the Healthcare Authority and General Supervisor of the Comprehensive Health Insurance and Decent Life projects, met with representatives of the French Institut Mutualiste Montsouris (IMM),…
EGX launches new market ‘Tanmeya’ for voluntarily delisted companies
The Egyptian Exchange (EGX) plans to launch a new market called ‘Tanmeya’, where trading rules are based on the issuer company’s request. EGX can list companies on this market directly,…
Egypt’s Housing Ministry announces new facilities for mixed-use, industrial projects in new cities
Assem Al-Gazzar, the Minister of Housing, Utilities and Urban Communities, announced some facilities and amendments for service, investment, urban and industrial lands in new cities. Al-Gazzar said that these facilities…
5G technology will boost data services’ revenues: Egypt Telecom CEO
Mohamed Nasr, the CEO and Managing Director of Telecom Egypt, said that 5G technology will boost revenues from data services over the next five years. He said that the 5G…
Egypt needs $4bn in external financing for current fiscal year: Finance Ministry
Moody’s did not consider government’s current efforts when it changed outlook to negative: Finance Ministry