Egypt’s ordinary scenes through Yasser Ge’essa’s art
The exhibition features various angles of Egypt’s streets, buildings, and people
Fundamentalist groups as exclusionists
Anwar Al-Sadat was the president of Egypt from 1970 until his assassination in October 1981. Extremist groups, galvanised by fundamentalist ideas, assassinated him. Al-Sadat allowed the Muslim Brotherhood to play…
Bedaya Fund aims to acquire stakes in 2 companies for EGP 20m in Q1 2017
Bedaya Fund for Small- and Medium-Sized Enterprises (SMEs) aims to acquire stakes in two companies for a total value amounting to EGP 20m in the first quarter (Q1) of 2017,…
KIMA pays Tecnomont EGP 1.3bn for planned Aswan expansion
Maher El-Abd, the head of investor relations in the Egyptian Chemical Industries Company (KIMA), said that the company has paid EGP 1.3bn by the end of 2016 to the Italian…
Dollar shortage crisis impacts Juhayna’s expansion agreement with Arla Foods
The worsening dollar crisis, which began in 2015 and resulted in the dollar reaching as high as EGP 20, has lead to a reduction of benefits for Juhayna Food Industries…
Mubasher offers consulting for 3 deals worth EGP 150m
Mubasher Advisory for Securities is offering a package of financial consulting services to a number of companies, said board member Ehab Rashad. The companies, he explained, aim to register on…
Hermes to cover 50% of Vortex acquisition of solar projects
EFG-Hermes intends to play the role of initial public offering (IPO) underwriter for a 50% ratio of the capital of the agreement entered into by Vortex Company to acquire various…
QNB Al-Ahli cooperates with VISA to promote electronic payments
The bank is preparing to launch mVISA service for the first time in the Egyptian market
AAIB seeks to attract more investments, contribute to development in the SCZone
The bank signed a memorandum of understanding with the General Authority for the SCZone to be present in the region and offer investors there support