Money Volvo revs up EV charging with Breathe Battery tech Amwal Al Ghad English Mar 12, 2024 0 Volvo Cars announced on Tuesday an investment in the UK-based startup Breathe Battery Technologies, to utilise the…
Money Anhui Jianghuai, Volkswagen expand JV capital Amwal Al Ghad English Mar 12, 2024 0 Anhui Jianghuai Automobile of China announced on Tuesday that it will increase its joint venture’s registered…
Stocks EGX closes mixed area on Mar 3 Amwal Al Ghad English Mar 3, 2024 0 Egypt’s stock exchange (EGX) closed in mixed notes on Sunday, with the main index, EGX30 inching up by 0.32 per…
Featured Egypt, UAE sign largest multi-billion-dollar FDI agreement ever Amwal Al Ghad English Feb 23, 2024 0 Egypt and the United Arab Emirates (UAE) signed a multi-billion US dollar partnership agreement on Friday for the…
Africa News Cabinet approves Egypt’s FEDA membership Amwal Al Ghad English Feb 22, 2024 0 The Egyptian Cabinet approved on Thursday a draft presidential decree regarding the country’s membership of the…
Tech/AI NCW named exclusive strategic partner for Egyptian Women’s Summit 2024 Amwal Al Ghad English Feb 18, 2024 0 The Egyptian National Council for Women (NCW) has been selected as the strategic partner for the third edition of…
Featured UPDATE: President Sisi’s new social support package Amwal Al Ghad English Feb 7, 2024 0 Egypt’s President Abdel Fattah al-Sisi announced on Wednesday a package of measures, including state wage and…
Tech/AI Sameh Sabry to lead Wintershall Dea’s new business unit in MENA Amwal Al Ghad English Feb 1, 2024 0 German oil and gas producer Wintershall Dea said on Thursday its activities in Algeria, Egypt, Libya, and the UAE…
News Al Tamimi & Company names new corporate commercial partner in Egypt Amwal Al Ghad English Jan 24, 2024 0 Law firm, Al Tamimi & Company announced on Wednesday the appointment of Amr Namek as its new corporate…
Money UK insolvencies climb to 14% in ’23 amid high interest rates Amwal Al Ghad English Jan 16, 2024 0 The number of UK companies that are going bust has soared 14 per cent in 2023 as firms collapsed as higher…
Tech/AI Knowledge Action Change decries exclusion of tobacco harm reduction consumer groups Amwal Al Ghad English Jan 8, 2024 0 The UK public health group Knowledge Action Change (KAC), condemns the exclusion of tobacco harm reduction consumer…
Featured Top 50 Women Forum: Third edition of Egyptian Women’s Summit due on March 3-4 Amwal Al Ghad English Jan 4, 2024 0 Top 50 Women Forum will hold the third edition of the Egyptian Women's Summit on March 3-4 in partnership with the…
Money Egypt’s central bank extends no fees for InstaPay services – sources Amwal Al Ghad English Dec 28, 2023 0 Egypt’s central bank (CBE) has postponed plans to impose fees for interbank money transfer services through…
Featured Egypt’s Sawiris predicts gold prices will rise to $2,400 soon Amwal Al Ghad English Dec 20, 2023 0 Egyptian business tycoon Naguib Sawiris predicted on Wednesday that gold prices would rise to $2,400 an ounce in…
Money Egypt in talks to launch Indian rupee-denominated bonds – FinMin Amwal Al Ghad English Dec 20, 2023 0 Egypt has started negotiations with India to explore the possibility of issuing rupee-dominated bonds on the Indian…
Featured Egypt announces sale of $5.6 billion worth of state-owned assets Amwal Al Ghad English Dec 20, 2023 0 Egypt has signed contracts to sell stakes in 14 state-owned assets worth a total of $5.6 billion as part of a…
Money Egypt’s Sawiris says digital bank talks in homeland paused Amwal Al Ghad English Dec 20, 2023 0 Egyptian business tycoon Naguib Sawiris said on Wednesday that talks to establish a digital bank in homeland are…
Money XMATCH Demo Day: Pioneering $20 mln investment drive for MENA’s SMEs Amwal Al Ghad English Dec 19, 2023 0 XMATCH DEMO DAY, a groundbreaking initiative by Exits MENA and ECOSYS+, has achieved a remarkable milestone in the…
Money IFC official sees Egypt’s first pound bond launch in 2024 Amwal Al Ghad English Dec 19, 2023 0 Egypt is expected to issued its first Egyptian pound-dominated bond on the international market within 2024, said…
Tech/AI Egypt’s IT sector sees influx of global tech firms, garners global recognition Amwal Al Ghad English Dec 5, 2023 0 November has witnessed an abundance of exciting developments in Egypt’s IT and tech startups ecosystems, as the…
Tech/AI TCI, Sinai White Portland ink deal to build, operate Egypt’s first bulk cement export silo… Amwal Al Ghad English Nov 30, 2023 0 Transcargo International (TCI), a veteran terminal operator in Egypt, announced on Thursday the signing of an…
Money Egypt’s CIB bank 9-month pretax profit hits EGP 30.7 bln Amwal Al Ghad English Nov 5, 2023 0 Commercial International Bank (CIB), one of Egypt’s largest private banks, posted profit before tax of 30.681…
unclassified ADQ to buy stakes in 3 Egyptian energy firms before year-end: minister Amwal Al Ghad English Oct 4, 2023 0 Abu Dhabi's state holding company ADQ will buy stakes in three Egyptian energy firms before the end of the year,…
Money ECB Chair: interest rates to remain high ‘as long as necessary’ Amwal Al Ghad English Sep 27, 2023 0 European Central Bank’s (ECB) president said on Wednesday that interest rates will remain high enough to restrict…
Africa News Eni: Egypt’s Zohr field performance “better than that of bigger fields in Russia” Amwal Al Ghad English Sep 13, 2023 0 The performance of Zohr gas field in Egypt is better than that of bigger fields in Russia, Eni's head of natural…
Featured Egypt forms government unit to boost cooperation with BRICS countries Amwal Al Ghad English Aug 31, 2023 0 Egypt announced on Wednesday it would form a government unit to facilitate cooperation with BRICS countries.
Money Egypt’s sovereign fund TSFE increases issued capital to 12.5 billion pounds Amwal Al Ghad English Aug 28, 2023 0 Egypt’s sovereign wealth fund has raised its issued capital to 12.513 billion Egyptian pounds ($405 million), the…
Money Egypt’s Banque Misr to transform Kenya rep office into branch in 3 years Amwal Al Ghad English Aug 23, 2023 0 Egypt’s second largest public bank, Banque Misr announced on Tuesday plans to transform its representative office…
Money Banque Misr says pretax profit grows to EGP 40.8 billion in 2022 Amwal Al Ghad English Aug 22, 2023 0 Egypt’s second largest public bank, Banque Misr said on Tuesday its profit before income tax had surged to 40.8…
Money National Bank of Egypt 2022 pretax profit at EGP 17 billion Amwal Al Ghad English Aug 22, 2023 0 The National Bank of Egypt (NBE), the country’s largest public lender, posted pretax profit of 71 billion Egyptian…
Money Crédit Agricole Egypt denies talk of due diligence on United Bank Amwal Al Ghad English Aug 21, 2023 0 Crédit Agricole Egypt denied a report on Monday it was undertaking due diligence on the potential acquisition of…
Featured Egypt’s commodities exchange plans to add cotton on trading platform next season Amwal Al Ghad English Aug 20, 2023 0 Egypt’s commodities exchange plans to add cotton to its trading platform in the next harvest season, while trading…
Stocks Egypt’s stock market all-time high as locals hedge against inflation Amwal Al Ghad English Aug 17, 2023 0 Egypt’s stock market is approaching an all-time high as local investors flood to protect their savings from surging…
Money GCR affirms Afreximbank international scale long, short-term issuer credit ratings Amwal Al Ghad English Aug 16, 2023 0 GCR Ratings, an affiliate of Moody’s Investors Service, has recently affirmed Egypt-based African Export-Import…
Tech/AI B.TECH signs partnership deal to launch its online store on Jumia Amwal Al Ghad English Aug 16, 2023 0 Egyptian consumer electronics and household appliances retailer B.TECH is partnering with Africa’s largest…
Tech/AI Australian court fines Dell unit $6.5 mln for misleading discounts Amwal Al Ghad English Aug 14, 2023 0 Australia’s Federal Court has on Monday ordered Dell Technologies’ local unit to pay $10 million Australian dollars…
Banks IMF to review Egypt’s loan programme mid-Sept: expert Amwal Al Ghad English Aug 14, 2023 0 The International Monetary Fund (IMF) will initiate a second review of Egypt's economic reform programme by…
Featured Egypt to roll out shariah-compliant stock indexes by November Amwal Al Ghad English Aug 14, 2023 0 Egypt’s stock exchange (EGX) plans to launch an index that complies with Islamic law, or shariah, between October…
The Watch Oil prices ease on stronger dollar, China demand woes Amwal Al Ghad English Aug 14, 2023 0 Oil prices eased on Monday following seven straight weeks of gains buoyed by tightening supply on OPEC+ output…
Money CI Capital completes Reefy Microfinance’s first securitised bond issuance Amwal Al Ghad English Aug 7, 2023 0 CI Capital has announced on Monday its successful conclusion of 700 million Egyptian pounds worth of the first…