Egypt ranks as 3rd World Bank contributor in MENA – report
Egypt has received more than $27.5bn in financing across 201 projects from the World Bank since 1959, making it the…
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MENA Region
OECD report highlights untapped potential in Egypt’s SMEs sector
Egypt's Small and medium enterprises (SMEs) make up over 90 per cent of Egypt’s economic activity but continue to…
Egypt’s ASRT, West Virginia State University sign MoU on agricultural research
Egypt’s Academy of Scientific Research and Technology (ASRT) signed on Tuesday a memorandum of understanding with…
Saudi sovereign fund sells 2% of STC shares
Saudi Public Investment Fund (PIF) today announced the successful sale of 100 million shares in Saudi Telecom…
Egypt’s EPICO plans to inject EGP 800 mln investments in ’24
Egyptian International Pharmaceutical Industries (EIPICO) plans to invest over 800 million Egyptian pounds in 2024…
COP28 to support developing countries to move towards green transition – minister
The 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) is set to support…
IMO plans to open regional office in Egypt by year end
The International Maritime Organisation (IMO) will open a new Regional Presence Office (RPO) in the Middle East and…
UAE’s Dubizzle begins its work in Egypt
UAE’s advertising company Dubizzle announced on Tuesday the launch of its work in the Egyptian market along with…
Egypt announces production of Queen Cleopatra VII documentary
Egyptian newly-launched documentary channel AlWathaeqya has announced on Sunday the production of a Queen Cleopatra…
Mardini sisters on Time’s 100 Most Influential People 2023
Syrian sisters Sara and Yusra Mardini were listed on the Time’s 100 Most Influential People of 2023, as the sisters…
MasterCard expands experts to advisory centre for customer service in Egypt
MasterCard (MA), the global electronic payments company, has expanded the scope of the work of the Advisors Client…
Czech’s Creative Dock announces Egypt expansion, targets €100 mln investments in MENA
Czech’s Creative Dock Group (CDG) announced on Monday its expansion in Egypt through the acquisition of…
World Bank keeps Egypt’s real GDP growth at 5.5% in 2021/2022
The World Bank (WB) decided to maintain Egypt’s real GDP growth at 5.5 percent for the financial year 2021/2022,…
Egypt’s Ezz Steel expects demand to pick up in 2018
George Matta, marketing director of Egypt’s biggest producer Ezz Steel expects demand for steel to improve in the…
60% of EIB investment in MENA region directed to Egypt in 2015-16
The European Investment Bank (EIB), the EU’s bank, has been active in Egypt for over thirty years and has…
Blumberg Grain Unveils MENA Food Security Manufacturing Plant, Egypt ‘Potential…
US-based Blumberg Grain intends to build a self-financed factory and export hub to produce food storage technology…
IFC Provides $300 mln to Support SMEs in MENA during 2013
World Bank Group’s IFC has spent around US $ 300 million during 2013 in supporting the SMEs in the MENA region, the…
Islamic Finance Set To Sustain Economic Growth In MENA Region; Experts
Rapidly-growing Islamic-based finance will drive the next phase of economic growth across the Middle East and North…
Islamic Finance Set to Sustain Economic Growth in MENA Region, say Experts
Euromoney Qatar Conference Speakers: GCC Leveraging USD 1.4 Trillion Islamic Finance Market to Fuel Job Growth via…
Building materials hammering prices, expected to remain relatively constant
Tamer Fouad, Business Development Manager for MENA Region at Consolis Group - ECPC:Consolis/ ECPC total investments…
S&P Downgrades Bahrain’s Al Baraka Bank to Junk Status
Bahraini lender Al Baraka has been downgraded to junk status by Standard & Poor's, the only credit rating…
HSBC Launches New Branch in Egypt
Earlier this month, Ranjan Sen, Head of Retail Banking and Wealth Management at HSBC Bank Egypt and Francesca…
Egypt Says Ready To Launch Money Transfer Via Mobile Phone Service
Dr. Amr Badawi, CEO of National Telecommunication Regulatory Authority (NTRA), has asserted that it is expected for…
Intel And Etisalat Misr Launch First Smartphone In MENA Region With Intel Inside
Intel Corporation and Etisalat Misr, one of the leading telecom operators in Egypt, have announced the launch of…
Twitter, OTMT’s Connect Ads Launch ‘Unique’ Suite In MENA
Digital media and technology solutions provider Connect Ads and Twitter Inc announced on Sunday the official launch…
Egypt Leads MENA Region For 2012 Mergers, Acquisitions
Egypt saw the most mergers and acquisitions of any country in the Middle East and North Africa (MENA) region during…
Souq.Com Egypt Scoops First Facebook Application Award For MENA Region At The Recent Pan…
Souq.com, the largest online retailer in the Arab world, has become the first Arab company to win the Best…