IFC provides $150m loan to CIB to support MSMEs in Egypt
The International Finance Corporation (IFC) has announced a $150m financing package for Egypt’s Commercial International Bank (CIB) to support micro, small, and medium enterprises (MSMEs), with a particular focus on…
Al-Mashat highlights IFC partnership, $600m investment in Egyptian economy
Egypt and the International Finance Corporation (IFC) are strengthening their partnership, with the IFC investing approximately $600m in three major Egyptian private sector companies. This was announced following a meeting…
Biden backs Netanyahu, challenges Putin, and targets Trump in final days in office
Although Biden is nearing the end of his tenure in the White House, his actions continue to capture public attention and heighten global tensions. This American president, compelled to withdraw…
The ‘savage’ artificial intelligence
A peculiar and astonishing statement has emerged, highlighting unprecedented risks that may lie ahead. Its formulation underscores the uncertainty surrounding the planet’s future, even for decision-makers in this daunting world.…
TMG launches residents’ cycling marathon at Celia, New Administrative Capital
Talaat Moustafa Group (TMG) launched its first-ever residents' cycling marathon, promoting health and fitness among its community members. The initial stage of the multi-stage event took place at Celia, the…
In Germany’s Shoes: Walking Through Its Cultural Legacy
"Es tut mir leid, ich spreche kein Deutsch, aber ich versuche, es zu lernen." A few days ago, I began learning German. My fascination with the German nation and its…
Madinaty Golf Club: Africa’s Best Golf Course for 2nd Consecutive Year
Madinaty Golf Club has been named the Best Golf Course in Africa for the second consecutive year, according to the World Golf Awards. This accolade, announced at the awards ceremony…
Flexus by Huawei Cloud Launches at Cairo ICT 2024: A Game-Changer for Egyptian Cloud Computing
Huawei Cloud unveiled Flexus, a revolutionary package of cloud services that aims to reinvent cloud computing for companies in Egypt. This launch aligns with Huawei’s ongoing commitment to driving digital…
IFC, Orascom Development partner to boost green tourism in Egypt
IFC announced on Sunday a partnership with Orascom Development Holding’s (ODH) largest subsidiary, Orascom Development Egypt (ODE), to support the leading Egypt-based tourism and real estate developer to improve energy…
Community dialogues key to strengthening relations with taxpayers, investors: ETA chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), has highlighted the pivotal role of community dialogues in building robust partnerships with taxpayers and investors. These discussions, initiated by…
