Egypt seeks to rationalise gas consumption in power stations
Price of one million thermal units of gas may reach $30 if exported
More than 3 million hard of hearing newborns screened as part of One Million Healthy Lives Initiative
More than 3 million hard of hearing newborns screened as part of One Million Healthy Lives Initiative
PIF acquires minority stakes in four large listed Egyptian companies
New deals come after Egypt’s loan agreement with IMF: sources
Annual urban inflation in Egypt increases to 13.6% in July 2022
Monthly core inflation, computed by CBE, records 1.5% in July 2022
Emir of Qatar appreciates Egyptian efforts to restore calm in Gaza Strip
Both leaders exchanged views on the developments of a number of regional issues, within the framework of concerted Arab efforts in facing regional challenges.
Minister of Youth discusses preparations for hosting COY17 in Sharm El-Sheikh
COY17 will be held from 3 to 5 November, with the participation of 1,500 young men and women from different countries around the world, in cooperation with the Ministries of…
EFG advises on EGP 750m financing transaction for Marakez
The division acted as the sole financial advisor and arranger on the transaction, while EFG Hermes Corp-Solutions, a wholly-owned subsidiary of EFG Hermes Holding and one of Egypt’s leading leasing…
Telecom Egypt signs national roaming agreement with Orange Egypt
This deal comes in light of Orange Egypt winning the tender for national roaming services that Telecom Egypt issued to all mobile network operators due to the impending expiration of…
Suez Canal Bank launches new financing product for SMEs up to EGP 5m
The new product provides financing of up to EGP 5m for SMEs operating in commercial and industrial activities, specially contracting, and activities related to renewable energy. The financing is provided…
MNHD reports EGP 1.79bn revenues in 1H 2022
MNHD saw revenues of EGP 972.3m in the second quarter (2Q) of 2022, an increase of 120.3% y-o-y.