EFG Hermes hits record revenues of EGP 4.5bn in 1Q23
EFG Hermes Holding, the financial institution with a universal bank in Egypt and the investment bank franchise in Frontier and Emerging Markets (FEM), announced Wednesday its results for the three…
Edita to complete acquisition of frozen bakery company next week
Deal is expected to cost EGP 380m: Sources
Developing countries need fair climate action financing that considers sustainable development: Mahmoud Mohieldin
Mahmoud Mohieldin, the UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda, emphasized that climate and development action priorities in developing…
African states to hasten uptake of digital IDs
African states on Tuesday kicked off a three-day meeting in the Kenyan capital of Nairobi to discuss ways of accelerating the uptake of national digital IDs in order to boost…
CIB’s Hisham Ezz Al-Arab receives Lifetime Achievement Award at African Banker Awards 2023
African Banker Awards’ committee cited CIB's Ezz Al-Arab’s integrity, pioneering ingenuity and leadership, and impressive track record of accomplishments as reasons for granting him this award.
American Xylem eyes EGP 5bn business volume in Egypt within 5 years
Xylem, a global water technology provider, and its regional partner, the Tiba Manzalawi Group, announce the launch of its new joint-venture manufacturing site, the Xylem Egypt Plant, that will provide…
Egypt to host largest ICT event in Sharm El-Sheikh, with participation of over 70 countries
The Global Symposium for Regulators (GSR), held by the International Telecommunication Union (ITU), will be hosted in Sharm El-Sheikh from 5 to 8 June this year. More than 70 countries…
Irrigation Minister hails cooperation with Dutch side on water issues
Sweilem thanks JCAR, calls for more efforts in future
Sovereign Fund of Egypt begins receiving acquisition bids for Wataniya Petroleum
The Sovereign Fund of Egypt (TSFE) has started receiving bids from competitors to acquire Wataniya Petroleum which is owned by the National Service Projects organization (NSPO), sources told Daily News…
FM Shoukry heads to Geneva to discuss boosting cooperation with UN bodies
Egyptian Foreign Minister Sameh Shoukry headed to Geneva on Wednesday on a mission aimed at consulting with the heads and officials of a number of UN bodies and international organizations…
