FRA Chief says insurance instalments reach EGP 66bn in one year
Chairperson of the Financial Regulatory Authority (FRA), Mohamed Farid, said that the insurance instalments in the Egyptian market amounted to EGP 66bn from August 2022 to July 2023. He also…
Edita acquires Fancy Foods with EGP 390m loans
Edita Food Industries, a leading Egyptian snack food company, has secured two medium-term loans worth EGP 390m to finance its acquisition of Fancy Foods, a frozen food producer. The loans…
Guterres urges G77 and China to champion multilateralism ‘rooted in equality’
UN Secretary-General António Guterres appealed to leaders from the Group of 77 Developing Countries (G77) and China to “fight for a world that works for all”, in his address to…
Chilean businessmen to visit Egypt for dried fruits trade: Ambassador
We work on holding bilateral political consultations to give new push to Egypt-Chile relations: Roberto Ebert
Mexico celebrates its independence and 65 years of friendship with Egypt
Mexico is first Latin American investor in Egypt: Chargé d'affaires
Microsoft Egypt aims to provide advanced AI models, build solid AI ecosystem: Mirna Arif
Mirna Arif, General Manager of Microsoft Egypt, said that their goal is to provide organizations of all sizes and industries with the most advanced AI models. These models can help…
Genocide fears in Sudan’s Darfur are attracting little attention − have nations abandoned their responsibility to protect civilians?
Mass atrocities are once again plaguing the people of Darfur, Sudan, with talk of a genocide taking place. Twenty years after genocide began in Darfur, recent conflict and targeted violence…
Affirma Capital considers new investment opportunities in Egypt
Egypt is promising market for investment despite economic challenges: Labib
Valu secures EGP 922.3m in its sixth securitization bond issuance
Valu, a leading fintech company in the Middle East and North Africa, announced today that it has successfully closed its sixth securitization bond issuance worth EGP 922.3m. The issuance is…
Guterres calls for redoubling efforts to save Sustainable Development Goals
UN Secretary-General Antonio Guterres called for mobilizing efforts to save the Sustainable Development Goals, noting that the Sustainable Development Goals (SDGs) summit to be held on Monday in New York…
