Arab Monetary Fund appoints Fahd bin Mohamed Al-Turki as new Director-General, Chairperson
The Council of Governors of the Arab Monetary Fund has decided to appoint Fahd bin Mohamed Al-Turki as the new Director-General and Chairperson of the Fund’s Board of Directors. Al-Turki…
Fork N Knife raises $800k in seed funding, plans to expand its cloud kitchen technology to Europe, Africa
Fork N Knife, a tech-enabled cloud kitchen company, has announced that it has raised $800,000 in seed funding from a group of angel investors and institutions outside the Middle East.…
EIB opens new regional hub in Cairo to boost cooperation in MENA
The European Investment Bank (EIB) officially opened its new regional hub in Cairo, Egypt, on Monday, to enhance its engagement and cooperation with public and private partners across the Middle…
EU delegation inspects MSMEDA projects in Assiut
Bassel Rahmy, the CEO of Micro, Small, and Medium Enterprise Development Agency (MSMEDA), highlighted MSMEDA’s efforts to enhance cooperation with international financial institutions, especially the European Union (EU), to launch…
EGP 7.8trn worth of e-payment, collection services since 2019: Finance Minister
Minister of Finance Mohamed Maait said Sunday that the government is moving forward with the digital economic transformation, which helps to improve the financial governance of the state. He said…
CBE aims to keep up with financial technology developments: Deputy Governor
Number of startups in industry increases fivefold from 2017 to 2022
EJB, Hong Kong MENA Chamber of Commerce agree to boost trade, investment
The Egyptian Junior Business Association (EJB) and the Hong Kong MENA Region Chamber of Commerce have signed a Memorandum of Understanding to enhance their cooperation and trade, creating business opportunities…
Halan Consumer Finance plans to issue EGP 1bn securitization bonds by year-end
Halan Consumer Finance, a subsidiary of MNT Halan, is preparing to issue securitization bonds worth EGP 1bn before the end of 2023. According to sources, the issuance will help the…
20 development partners, finance institutions reaffirm support for NWFE programme
The Ministry of International Cooperation hosted a high-level roundtable with the participation of Prime Minister Mostafa Madbouly and Minister of International Cooperation Rania Al-Mashat, along with 20 development partners, international…
TSFE, Tanweer join forces to build new school in Cosmic Village
New school will offer both French, Egyptian curricula, accommodate 2,500 students starting from September 2025