Sources reveal details of ADQ’s acquisition of stakes in 3 Egyptian oil, petchem firms

ADQ acquires 27% of Ethydco for $280m, 24% of ELAB for $170m: Sources

Shaimaa Raafat

After 110 years, Bernard Shaw’s masterpiece “Pygmalion” returns to life on National Theater

Our new edition of ‘My Fair Lady’ play is different from Fouad Al-Muhandis’: Director Mohsen Rizk

Kadry Al-Haggar

Only 20-25% of Careem’s trips are paid for by credit cards, as drivers prefer cash payments

Careem, the region’s leading multi-service app, has joined forces with PaySky, the leading financial technology and electronic payment solutions company in the Middle East and Africa, to introduce a faster…

Mohamed Alaa El-Din

Egypt, Japan hold second high-level policy dialogue for development cooperation

Egypt's Minister of International Cooperation Rania Al-Mashat and Japanese Ambassador to Egypt OKA Hiroshi held the second meeting of the Egypt-Japan High-Level Policy Dialogue for development cooperation on Sunday. The…

Daily News Egypt

EBRD to extend $100m loan to Egypt’s Banque Misr for MSMEs lending

The European Bank for Reconstruction and Development (EBRD) is extending a $100m loan to Egypt’s Banque Misr for on-lending to local micro, small and medium-sized enterprises (MSMEs). The loan will…

Daily News Egypt

Egypt’s Health Minister inspects facilities in Qena and Luxor 

Abdel Ghaffar directs accelerated completion of work on developing Nagaa Hammadi General Hospital

Daily News Egypt

Mahmoud Mohieldin says global finance reform needed for just green transitions

Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda, said Tuesday that reforming the global finance system and adjusting…

Daily News Egypt

Bank credit facilities increase EGP 917.2bn in 9 months: CBE

Bank credit facilities reach about EGP 4.482trn in March 2023, compared to EGP 3.564trn in June 2022

Daily News Egypt

TAQA Arabia’s diversified activities reduce its vulnerability to oil market fluctuations: Expert

Prime Securities sets price target of TAQA Arabia stock at EGP 7.4 within 12 months

Daily News Egypt

Egypt launches first edition of Egypt Power Show

Minister of Trade and Industry Ahmed Samir inaugurated the first edition of the Egypt Power Show, the largest and first buyer mission in the electrical industries sector.  The mission includes…

Daily News Egypt