CIB Egypt fully acquires Mayfair Bank in Kenya for $40mln
Egypt's largest private bank, the Commercial International Bank (CIB-Egypt) has acquired the remaining 49 percent…
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Russia adopts Egyptian pound instead of U.S. dollar
The Russian Central Bank has added the Egyptian pound into the Russian exchange rate list, to increases reliance on…
Vodafone EG launches 1st electronic payment service for Apple products
Vodafone Egypt has launched the direct electronic payment service that allows payment for any electronic…
Egypt to host 1st Tourism and Tasting Festival next month
Egypt’s Cairo Tower will be hosting the first Tourism and Tasting festival next month to simulate food tourism from…
Japan is producing healthier sugar-free chocolate in Egypt
Japanese company Saraya will produce and sell in Egypt a new type of healthy Japanese sugar-free chocolate, using a…
UAE’s Wafeq startup raises $3 mln to tap Egypt market
Dubai-based accounting platform start-up Wafeq announced on Wednesday it had has secured a $3 million seed round,…
Archaeologists unearth complete Roman city in Luxor
An 1,800-year-old complete residential city from the Roman era in Luxor have been discovered by an Egyptian…
Fitch Solutions predicts 52mn tourists will visit Egypt till 2026
Fitch Solutions expects an increase in Egyptian tourism arrivals to reach 52 million tourists until 2026, due to a…
Sisi heads to India amid investment push
President Abdel Fattah al-Sisi will visit India on Wednesday to participate as the chief guest at celebrations of…
Hilton announces second property in Egypt’s Marsa Alam
Hilton announced on Tuesday the signing of its second property Hilton Marsa Wazar Red Sea Resort & Spa in the…