High-return dollar savings certificates would not affect investment in stock market: Experts

Real estate sector would be more affected by new dollar savings certificates than money market: Fahmy

Fatma Salah

Middle East and Africa startup funding falls 64% in 1H 2023: MAGNiTT

Startups in the Middle East, Africa, Turkey, and Pakistan (MEAPT) region witnessed a decline of 64% in funds raised during the first half of 2023 (1H 2023) compared to the…

Mohamed Alaa El-Din

Industry Minister meets with Mercedes-Benz Egypt to discuss expansion plans

Egypt's Minister of Trade and Industry Ahmed Samir met with a delegation from Mercedes-Benz Egypt on Saturday to discuss the company's current and future projects in the Egyptian market. The…

Daily News Egypt

Mobile wallets increase to 34 million, with monthly transactions of EGP 100bn in June 2023: CBE

85 million monthly transactions recorded in June, annual increase of 130%

Hossam Mounir

Egypt’s Environment Minister reviews progress of municipal solid waste management system 

Egypt’s Minister of Environment, Yasmine Fouad; reviewed a report on the latest developments in the role of the Ministry of Environment in implementing the municipal solid waste management system over…

Daily News Egypt

Egypt’s Environment Ministry and ISTIDAMA launch “Africa Grows Green Awards”

Egypt’s Ministry of Environment and the Association for the Sustainable Quality of Living ( ISTIDAMA) signed a  cooperation  protocol to launch the second round of the “Africa Grows Green Awards”…

Daily News Egypt

Qatar Investment to finalise acquisition of TE’s stake in Vodafone Egypt within 2 months

Targeted stake for acquisition is still under negotiation between two parties: Sources

Fatma Salah

Palestinian President Abbas in Egypt to resume internal reconciliation efforts

President Abdel Fattah Al-Sisi will meet his Palestinian counterpart Mahmoud Abbas in Cairo on Sunday to discuss the Palestinian reconciliation process and efforts to end the Israeli occupation. Representatives of…

Sami Hegazi

AMF offers new loan of $615.8m to support reforms in Egypt’s financial, banking sector

The Arab Monetary Fund (AMF) has extended a new loan to Egypt, with the amount of AAD153.475m, the equivalent of approximately $615.8m, within the framework of the Structural Adjustment Facility…

Daily News Egypt

African Union gives Niger army 15-day warning to return to barracks

Washington reaffirms its "unwavering support' for President Bazoum

Sami Hegazi