Goldman Sachs forecasts global AI investments to hit $200bln by 2025
Goldman Sachs Research estimated the profound impact of the Artificial intelligence (AI) to reach a staggering $200…
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South Africa, China ink trade agreements of $2.2 bln
China-South Africa relations have strengthened with the signing of 20 deals by the Chinese companies to buy…
Egypt’s CBE exchanges cybersecurity experience with Bank of Ghana
A delegation of the Central Bank of Ghana visited the Central Bank of Egypt (CBE), with the aim of exchanging…
Ukraine’s grain crop rises 5% in 2023 – official
Ukraine's grain harvest this year exceeds expectations and could be five percent higher than 2022 thanks to…
Egypt’s Ibnsina Pharma records double earnings of 105% in Q2
Egypt-based pharmaceutical distribution company, Ibnsina Pharma's (ISPH) profit doubled by 105.4 percent during the…
Egypt’s Fawry earns EGP 324mln net profit during H1
Egyptian digital payments company Fawry said on Sunday a 42.4 percent year-on-year growth to record revenues of…
Egypt’s NileSat posts $19 mln profits in first half of 2023
The Egyptian Satellite Company, NileSat has revealed that that its profits rose by 3.19 percent to record $19…
Egypt’s CBE replaces 6mln pension cards with Meeza cards
The Central Bank of Egypt (CBE) has replaced about six million pension cards with the national payment cards,…
Huawei revenues hike by 4.8% to $24.7 bln in Q2 of 2023
Chinese tech giant Huawei announced on Friday its second-quarter overall revenue which grew by 4.8 percent…
Egypt’s EFG Holding reports 20% profit growth in Q2 of 2023
EFG Holding’s net income rose 20 percent year-on-year to 405 million Egyptian pounds in second quarter of 2023,…