Al-Sisi, Eni CEO discuss boosting bilateral cooperation
Egypt’s President Abdel Fattah Al-Sisi received on Monday Claudio Descalzi, CEO of the Italian company Eni, and his accompanying delegation of senior company officials, to discuss joint cooperation. The meeting…
United Bank to offer 30% on EGX in Q4
United Bank will offer 30% of its shares on the Egyptian Exchange (EGX) during the last quarter of this year. According to a statement issued by the bank on…
China’s BAIC, Egypt’s Alkan Auto partner to establish EV factory
Deputy Prime Minister for Industrial Development, Minister of Industry and Transport Kamel El-Wazir witnessed the signing of an agreement between China's BAIC and Alkan Auto, a subsidiary of the Egyptian…
Madinet Masr sales hit EGP 36.7bn in 9M 2024
Madinet Masr, one of Egypt's leading real estate developers, reported a strong performance during the first nine months of 2024, achieving a significant leap in sales, achieving a total nominal…
FRA, Youth Ministry sign protocol to ensure optimal use of funding for MSMEs
The Financial Regulatory Authority (FRA) has signed a cooperation protocol with the Ministry of Youth and Sports to oversee the effective use of funding provided to small, medium, and micro-enterprises…
INTRO Technology signs MoU with SWDC for Kemet Data Center in SCZONE
INTRO Technology, the technology arm of INTRO Holding and the parent company of Advansys and Forte Cloud, providing technological solutions and digital transformation, announced inking a strategic Memorandum of Understanding…
El-Khatib reviews TSFE efforts to attract investments in Egypt
Hassan El-Khatib, Minister of Investment and Foreign Trade, met with several members of the Sovereign Fund of Egypt (TSFE) to review the Fund's efforts to attract investments within the framework…
ACUD offers new facilities for mixed-use projects
Chairperson of Administrative Capital for Urban Development (ACUD), Khaled Abbas, announced that the company is gearing up to issue new facilities for real estate development companies in New Administrative Capital.…
Consortium of Egyptian banks provides EGP 18bn loan to Telecom Egypt
A consortium of 13 Egyptian banks has provided Telecom Egypt, the country's leading telecommunications company, with a seven-year loan worth EGP 18bn. The financing package is the largest ever provided…
Trump assumes the role of the US President before the elections
Trump dominated the media landscape and headlines last week, overshadowing significant events such as the escalating situation in the Middle East and the BRICS summit. Despite these pressing issues capturing…
