Banks UAE Central Bank launches its digital currency strategy Nada Ali Mar 23, 2023 0 The Central Bank of UAE (CBUAE) has launched on Thursday its digital currency implementation strategy, amid signing…
Banks Fed hikes interest rates 0.25 point amid global banking turmoil Nada Ali Mar 23, 2023 0 The U.S. Federal Reserve (Fed) raised interest rates on Wednesday by a quarter percentage point for the ninth time…
Banks Egypt’s FIB adopts iGCB to enhance its digital banking services Nada Ali Mar 22, 2023 0 Faisal Islamic Bank of Egypt said on Wednesday has selected Intellect Global Consumer Banking (iGCB), to power its…
Banks World Bank approves new $7 billion partnership framework with Egypt Nada Ali Mar 22, 2023 0 The World Bank Group has approved on Wednesday a new strategic partnership framework for Egypt till 2027, through a…
Egypt News Egypt postpones Telecom Egypt’s stake sale amid market volatility Nada Ali Mar 21, 2023 0 Egypt has decided to postpones the sale of a stake in Telecom Egypt until the global markets’ conditions stabilise,…
Featured BSH builds its first plant in Egypt with €50 mln investment Nada Ali Mar 21, 2023 0 BSH Home Appliances, a subsidiary of German Bosch, has announced on Monday the groundbreaking of its first factory…
Tech news Nvidia set to unveil new AI at annual conference Nada Ali Mar 21, 2023 0 Nvidia Corp is expected to disclose new artificial intelligence chips and technologies at the company's annual…
International News Amazon to cut 9K more jobs in second round of layoffs Nada Ali Mar 21, 2023 0 U.S. online retail company Amazon, plans to lay off about 9,000 in the next few weeks, mostly in AWS, PXT,…
Tech/AI Egypt to establish 1st waste-to-energy plant in Giza – ministry Nada Ali Mar 21, 2023 0 Egypt’s Ministry of Environment has announced on Monday about an agreement will soon be signed to establish the…
Industry & Trade Egypt to receive 4 mln barrels of Iraqi crude oil Nada Ali Mar 21, 2023 0 Iraq's government said on Monday that it has approved to renew a contract allowing the Egyptian General Petroleum…