Opinion| Has Washington retreated from its previous strategy?
For nearly three years, the world has been transitioning from a unipolar stage to a multipolar one. Former US President Donald Trump, a businessman before his presidency, played a role…
ITIDA prioritises human resource training in collaboration with private sector
Hazem Mohamed Nabil, Executive Vice President of the Information Technology Industry Development Authority (ITIDA), highlighted the alignment of Huawei’s training initiatives with ITIDA and the Ministry of Communications’ vision to…
CIB champions climate initiatives at COP28 in Dubai
Egypt’s Commercial International Bank (CIB), the nation’s leading private sector bank, actively participated in the World Economic Forum (WEF) panel at COP28 in Dubai. The discussion, titled “Accelerating Climate Action…
Metito Utilities, Tahliya Group forge partnership for Moroccan projects
Following a declaration signed by President Sheikh Mohamed bin Zayed Al Nahyan and King Mohammed VI of Morocco on December 4th, 2023, to foster economic and investment cooperation, Metito Utilities…
Egypt’s trade deficit sees 10.3% surge in September 2023
The Central Agency for Public Mobilization and Statistics released its September 2023 “Foreign Trade Data” bulletin, revealing a 10.3% increase in the trade deficit, reaching $3.14bn compared to $2.84bn in…
ADCB launches first sustainable corporate account in Egypt
Abu Dhabi Commercial Bank (ADCB) Egypt has taken a groundbreaking step by introducing the first sustainable corporate account in the country, aligning with its sustainability goals and Egypt’s Sustainability Strategy…
Beltone Financial to expand into securitization by acquiring SODIC subsidiary
Beltone Financial Holding has expressed its intention to acquire Sodic Securitization, a subsidiary of SODIC, as part of its strategy to diversify into non-banking financial services. The company will undertake…
Unlocking business potential with online sales and delivery services
The rise of online shopping, propelled by the Covid-19 pandemic, has made home delivery a norm. An inDrive.Couriers survey reveals that 30% to 60% of delivery service users receive store-bought…
Aswan Forum IV preparations: Expert workshop on HDP Nexus in Africa
In line with the African Union’s (AU) Third Post Conflict Reconstruction and Development (PCRD) Awareness Week and Egypt’s PCRD leadership, the Cairo International Center for Conflict Resolution Peacekeeping and Peacebuilding…
Naguib Sawiris reflects on currency flotation, economic challenges
Naguib Sawiris, Egyptian tycoon and Chairperson of Ora Developers, has expressed uncertainty regarding the Egyptian government’s timing to float the local currency after the elections. He emphasized the necessity of…
