Egypt’s economy records 4.4% growth during Q1 –minister
Egypt achieved high economic growth recording 4.4 percent during the first quarter of the current fiscal year, said…
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U.S. 500 Global to open office in Egypt
U.S. based firm 500 Global has signed an MOU on Tuesday with the Egyptian Information Technology Industry…
Egypt’s GASC to put wheat for sale on EMX next Sunday
Egypt's state grain buyer, General Authority for Supply Commodities (GASC) has offered quantities of wheat stocks…
2Africa submarine cable lands successfully in Ras Ghareb, Egypt
As part of the 2Africa consortium, Telecom Egypt and Meta announced on Tuesday the success of the first landing of…
Ahli United Bank achieves EGP1.39 billion net profit in 9 months
Ahli United Bank – Egypt (AUBE), reported on Tuesday that it achieved a 1.39 billion Egyptian pounds net profit for…
Hisham Ezz Al-Arab is back to CIB bank as non-executive member
Hisham Ezz Al-Arab has returned to the Commercial International Bank (CIB-Egypt) as non-executive member of its…
Egypt’s EdVentures to ink $1.1mn investment in Edtech Jill start-up
EdVentures, the corporate venture capital arm of Egypt’s Nahdet Misr Publishing Group, has announced on Monday that…
Alstom, Siemens, Thales compete to develop Cairo Metro Line 1 of €750 million tender
France’s Alstom, Germany's Siemens, and Spain's Thales are competing to win €750 million tender to develop the…
Globeleq signs framework agreement for 3.6-GW green hydrogen complex in SCZone
Africa-focused independent power producer (IPP) Globeleq announced on Monday its framework agreement with Egyptian…
EBRD, AfDB, AFD launch new tool to improve gender equality for climate action in Egypt
The European Bank for Reconstruction and Development (EBRD), the African Development Bank Group (AfDB) and the…