NBE, Holdipharma sign cooperation protocol to finance pharmacies

Bank’s SMEs portfolio amounts to about EGP 64bn, benefiting 74,000 projects, targeting EGP 100bn in 2020, says Aboul Fotouh

Hossam Mounir

Egypt, Saudi Arabia sign two MoUs on digital transformation and AI

The scope of cooperation between the two countries according to the terms of the MoU, which extends for three years, includes human capacity building, supporting innovation and entrepreneurship, artificial intelligence…

Mohamed Alaa El-Din

WB assists Egypt develop its statistical capacities

First national strategy for developing statistics to be launched soon

Hagar Omran

2,600 companies show interest in encouraging local products consumption initiative

The FEI said that those companies have approved 20-50% discount on their products’ prices as part of the initiative.

Daily News Egypt

Conflicts over nominating a new PM amid wave of accusations in Lebanon

New clashes break out between Lebanese army and Shi’ite supporters

Bassant Mohammed

Non-governmental human rights delegation inspects Marg prions for the first time

The delegation is also expected to visit four other prisons as part of a long-term inspection programme

Daily News Egypt

HSBC launches SWIFT gpi technology in Egypt

SWIFT gpi technology enables financial institutions to provide greater transparency and end-to-end tracking of a transaction, with all involved parties receiving real-time confirmation when a payment is credited.

Daily News Egypt

Fine Hygienic Holding plans to invest $35m in Egypt

The investments would be injected into new equipment, research and development, marketing strategies, in addition to investment in staff.

Daily News Egypt

Egypt’s FM criticises Libya’s GNA response to Al-Sisi statement   

The debate arose after Al-Sisi stated that Libya's UN-supported government is held hostage by "armed and terrorist militias"

Sarah El-Sheikh

Two Egyptian novelists shortlisted for the Arab Booker award

Youssef Zidan’s Fardeqan and Rasha Adly’s The Last Days of the Pasha compete with other 15 novels for the prize

Daily News Egypt