Beltone Asset Management launches gold fund ‘Sabayek’
Beltone Financial Holding announced that its wholly owned subsidiary, Beltone Asset Management, the largest non-bank affiliated asset manager in Egypt, has been awarded the management of Beltone Evolve Gold Fund…
Foodics plans to double its operations in Egypt this year
We are considering options for increasing capital through IPO in Q3 2024: Omar Knio
EFG Finance aims to overhaul its technological infrastructure by 2025: CEO
We are restructuring non-banking finance companies: Afifi
Ministry of Emigration responds to Egyptian expatriates’ questions about tax-free car import initiative
Sahar Gendi, the Minister of State for Emigration and Egyptian Expatriates’ Affairs, met with Egyptian communities in Saudi Arabia and the United Arab Emirates during her foreign tour. She encouraged…
Al-Mashat, NDB Vice President discuss cooperation in first official visit since Egypt’s membership
The Minister of International Cooperation and Alternate Governor of Egypt at the New Development Bank (NDB) Rania Al-Mashat, met with the Vice President of the NDB, Vladimir Kazbekov, and his…
Namibia condemns Germany for defending Israel at ICJ over Gaza genocide allegations
Namibia has denounced Germany for backing Israel’s stance at the International Court of Justice (ICJ), where it is accused of genocide against Palestinians in the blockaded Gaza Strip. The Namibian…
Egypt’s external debt edges lower to $164.521 in Q1 FY 2023/24
Egypt's external debt burden eased in the first quarter of fiscal year (FY) 2023/24, inching down to $164.521bn from $164.727bn at the end of the previous quarter. This welcome decline…
100 days of Israeli attacks and Palestinian resistance in Gaza
The Gaza Strip’s Ministry of Health said that the Israeli forces carried out 11 massacres, killing 125 people, in the past 24 hours. The ministry reported on Sunday that the…
Al-Sisi, Wang Yi discuss Gaza crisis, bilateral cooperation
Egyptian President Abdel Fattah Al-Sisi met with Chinese Foreign Minister Wang Yi on Sunday to discuss the situation in Gaza and ways to enhance their strategic partnership. The meeting, which…
Banque du Caire, TAKYIEM partner to market Urban Development Fund projects
Agreement leverages bank’s expertise in marketing, promoting, and financing real estate assets