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Egypt to make Sharm El-Sheikh a green city ahead of COP27 – minister
Egyptian Ministry of Environment announced that work is in progress to transform the Red Sea resort city of Sharm…
Pfizer to invest $470m to develop research of coronavirus vaccine technology
Pfizer plans to spend $470 million to expand its vaccine research and development facilities in north-west of New…
Egypt refutes lack of basic commodities due to global food crisis
Egyptian government denied rumors on Sunday that the country is suffering shortages of food commodities due to the…
Egypt signs gas agreement with Israel, EU to transport gas to Europe
Egypt and Israel have signed a memorandum of understanding (MoU) on Wednesday to transport natural gas exports to…
UAE’s Al-Futtaim plans to inject $1bn in Egypt
UAE’s Al-Futtaim Group plans to invest over of $1 billion in Egypt by the next three years, the North African…
ADCB-Egypt selects Temenos for next-generation digital payments
Abu Dhabi Commercial Bank (ADCB-Egypt) has expanded its collaboration with Temenos to offer the next-generation…
Egypt’s Export Development Bank gets EBRD $25 million financing for SMEs
Export Development Bank of Egypt (EBank) has secured a $25 million financing package from the European Bank for…
Banque Misr’s Mohamed El-Etreby elected chairman of Union of Arab Banks
Banque Misr chairman Mohamed El-Etreby was elected chairman of the Union of Arab Banks (UAB) on Wednesday for three…
Egypt strives to rise agricultural productivity
President Abdel Fattah al-Sisi called on Monday for a joint endeavour to rise the productivity in the agricultural…
UAE telecoms group buys 9.8% of Vodafone Int’l for $4.4B
E&, formerly known as Emirates Telecommunications Group PJSC, has acquired 9.8 percent of Vodafone’s shares for…
