Eastern Company stake sale to be completed by mid-2024
The government is expected to finalize the sale of a stake in Eastern Company, the largest tobacco producer in Egypt, by the first half of 2024, sources told Daily News…
Egypt reaffirms support for Sudan amid crisis, Al-Burhan visits Cairo
Egypt’s President Abdel Fattah Al-Sisi met with the Chairman of the Sudanese Sovereignty Council Abdel Fattah Al Burhan on Tuesday in the New City of El Alamein, where they discussed…
Saudi energy giant ACWA Power to pump $10bn into Egypt’s green sector: CEO
Firm to develop solar, wind, and water desalination projects in Egypt, says Marco Arcelli
Beltone Leasing, Pickalbatros Hotels & Resorts Group ink EGP 750m sale-leaseback agreement
Beltone Leasing, a wholly owned subsidiary of Beltone Financial Holding, announced Monday a strategic partnership with Pickalbatros Hotels & Resorts Group, one of the largest hotel chains in Egypt and…
BRICS, Africa CDC, WHO to collaborate on pandemic prevention, response
BRICS member states, the Africa Centre for Disease Control and Prevention (Africa CDC), Africa Health Business, and the South African Chapter of the BRICS Business Council co-hosted a dialogue on…
EUI hosts IEEE congress for North African students and young professionals
Egypt University of Informatics (EUI) hosted the annual congress of North African students and young professionals of the Institute of Electrical and Electronics Engineers (IEEE) at its premises in the…
MSMEDA finances 302,000 projects with EGP 8.9bn in 18 months
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) provided financial and non-financial services to 302,000 projects in the past 18 months, with a total value of EGP 8.9bn, according…
Comin Insurance Brokerage to open new headquarters in Cairo with $2m investment
Comin Insurance Brokerage, a company that offers innovative insurance products and solutions, has announced that it will open a new headquarters with a $2m investment in Garden City area in…
Egypt’s industrial sector gets boost from new SME incentives: Businessmen
President Abdel Fattah Al-Sisi has announced a package of incentives for industrial projects that aim to deepen national industry and target strategic sectors. The incentives include tax exemptions, land value…
Kenya, Egypt top Africa in startup funding volume in H1 2023
Startups in Kenya and Egypt were the top recipients of equity funding from investors in Africa in the first half of 2023 (H1 2023), according to a new report by…