Egypt’s Al-Mashat pushes for climate finance, green jobs at COP29

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has called for increased climate finance and investment in green jobs during the COP29 climate summit in Azerbaijan.  …

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Egypt’s PM Madbouly to open Cairo ICT 2024 Sunday

Egypt's Prime Minister Mostafa Madbouly will open the Cairo ICT 2024 exhibition and conference on Sunday, 17 November, on behalf of President Abdel Fattah Al-Sisi. The event, running until 20…

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CIFF moments: Danis Tanović’s unexpected encore

The Cairo International Film Festival (CIFF) this year offered more than just compelling cinema. Amongst the screenings and industry events, a truly captivating moment unfolded: a surprise piano performance by…

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Cairo Film Festival unveils “Future Generation” Awards, celebrates CID

The 45th Cairo International Film Festival (CIFF) launched its Cairo Industry Days (CID) from 15-20 November, introducing a new "Future Generation Awards" category and highlighting the growth of the Egyptian…

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MIDBANK offers over EGP 2bn in syndicated facility to four mega projects

MIDBANK has announced its participation in a syndicated facility to finance several giant projects. The bank's total share exceeded EGP 2bn, distributed over four projects in communications, real estate development,…

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HDB achieves independent profits of EGP 12.275bn in September, with 76.8% growth

Housing and Development Bank (HDB) has cemented its leading position as one of the largest comprehensive commercial banks in the Egyptian market. Its high growth rates led to a qualitative…

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Banque du Caire offers EGP 10bn syndicated medium-term facility to Misr Petroleum

Banque du Caire, the National Bank of Egypt (NBE), and seven other banks have joined forces to offer a syndicated medium-term facility up to EGP 10bn to Misr Petroleum Company.…

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Suez Canal Bank’s net profits grow 130% to EGP 3.1bn in September 2024

Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, has stated that the bank's net profits increased to EGP 3.1bn in September 2024, compared to EGP 1.4bn in…

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Pakistan Stock Exchange surpasses 93,000 points, signalling economic optimism

The Pakistan Stock Exchange (PSX) 100 Index has crossed the 93,000-point mark, marking a new milestone for the country's economic prospects. The surge in the index reflects growing investor confidence…

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Shell Appoints Haytham Yehia as CEO of Shell Lubricants Egypt and GM for Middle East & Central Asia

Shell has announced the appointment of Haytham Yehia as Chairman and Chief Executive Officer of Shell Lubricants Egypt, as well as Cluster General Manager for Shell Lubricants in the Middle…

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