Month: August 2022

Non-banking financial sector in shock due to high interest rates

EFG Hermes working to improve its profit margins, hopes to improve economic…

Fatma Salah

MSMEDA, e-commerce platforms to market the products of youths

In cooperation between MSMEDA, Amazon Egypt, and Jumia

Daily News Egypt

Foreign Ministry names Vodafone Egypt as strategic communications partner for COP27

The agreement names Vodafone as the strategic communications partner for the UN…

Sami Hegazi

Decline in global markets, strength of USD placing pressure on EGX

The EGX 30 is targeting a top resistance level of 10,600 points

Daily News Egypt

Beltone incurs EGP 105m in losses in 1H 2022

The company’s total revenues also decreased to EGP 110.39m, down from EGP…

Fatma Salah

Ezdehar acquires 60% of Zahran Market

Beltone served as the broker of the EGP 273m-deal

Fatma Salah

Arabia Holding to include insurance brokerage, real estate finance in its activities

The company is currently considering entering the field of real estate finance…

Fatma Salah

Four global firms shortlisted for Egypt’s $2bn-Anchor Benitoite project

Hyundai, Samsung, Technip Energies, and Tecnicas Reunidas are competing to construct a…

Daily News Egypt

Deputy Tourism Minister, Luxor’s Governor discuss preparations for winter tourism season

The meeting touched upon the ministry’s directive to dispatch more committees to…

Daily News Egypt

Egypt, Jordan to facilitate customs procedures, stimulate intra-trade movement: Finance Ministry

An electronic link is being established between Nuweiba and Aqaba Customs

Daily News Egypt