EFG Hermes concludes EGP 638m securitized bonds for Palm Hills Developments
The issuance is structured as follows: Tranche A valued at EGP 105.27m with a tenor of 13 months and a credit rating of AA+ from Middle East Ratings and Investors Service (MERIS),…
Qatari bid for Manchester United confirmed
The Sheikh issued a statement on Friday confirming his intention to try to purchase the club from the American-based Glazer family.
EU Energy Commissioner meets Egyptian, Israeli respective ministers
The three parties reviewed the progress of work on the tripartite memorandum of understanding (MoU) that was signed between them last June in Cairo under the umbrella of the East…
South Korea-Egypt trade exchange hits $3.15bn in 2022
Egypt's exports to South Korea record an all-time high of $1.69bn, up 161% year on-year
Anchorage Investments steers Egypt’s downstream projects towards decarbonization
Moharram inaugurated his talk by saying: "Securing energy sources became a pressing necessity for the whole world, especially in the light of the recent happenings which overshadowed all business sectors.…
Tadbiir Group launches its non-banking financial services in Egyptian market
“Our customer-centric strategy is mainly designed with a concrete vision and clear objectives to serve and support small and medium-sized companies, which constitute the largest share of companies in the…
Elsewedy Data Centers, Gulf Data Hub to revamp Africa’s largest data centre in Egypt
Project comes in line with Egypt's digital transformation; securing investments in IT field and positioning our nation as data storage and transfer hub, says Ahmed El Sewedy
7 western foreign ministers express concern over Israeli’s illegal settlement in West Bank
“We strongly oppose these unilateral actions which will only serve to exacerbate tensions between Israelis and Palestinians and undermine efforts to achieve a negotiated two-state solution,” Foreign Ministers of France,…
Shoukry participates in 42nd African Union meeting in Addis Ababa
The Ordinary Session of the Executive Council will consider the draft agenda, draft decisions, and declarations with appropriate recommendations for consideration by the Heads of State and Government during their…
Egypt, Greece discuss developments in joint power linkage project
This comes as an affirmation of President Abdel Fattah Al-Sisi’s vision to activate the government's policy, which aims to consolidate Egypt's role as a regional center for energy in the…