Year: 2024

STIO Life Science invests EGP 400m to localize Egypt’s pharmaceutical industry

Amr Abdel Razek, Chairperson of STIO Life Science (SLS), announced that the…

Shaimaa Al-Aees

AUIEC to launch Arab Industries Exhibition 2025 in Iraq

The Arab Union for International Exhibitions and Conferences (AUIEC) announced during its…

Daily News Egypt

Germany offers Egypt concessional loans at one-tenth of market rates: Ambassador

Germany is actively supporting Egypt’s sustainable development goals, particularly in the transition…

Shaimaa Al-Aees

SEMAF, NERIC partner to manufacture railway, metro trains for local market, export

The SEMAF factory, part of the Arab Organization for Industrialization (AOI), has…

Daily News Egypt

Somali-Ethiopian reconciliation prompts Egypt to reassess regional role: African Narratives

A new report from the African Narratives think tank reveals that a…

Daily News Egypt

Fate of Syria’s Kurdish autonomous region uncertain after Assad’s fall

Discussions are underway regarding the future of the so-called "Autonomous Administration of…

Daily News Egypt

ABE’s crop loan portfolio reaches EGP 25.6bn in September 2024

Sami Abdelsadek, Acting Chairperson of the Agricultural Bank of Egypt (ABE), announced…

Hossam Mounir

Al-Ahly Mortgage Finance aims to grow portfolio to EGP 4bn by 2024-end

Hatem Amer, Managing Director of Al-Ahly Mortgage Finance, a subsidiary of the…

Daily News Egypt

CIB completes second securitization transaction for One Finance, worth EGP 679m

Commercial International Bank – Egypt (CIB) has completed the second issuance of…

Daily News Egypt

CBE extends inflation target horizon to Q4 2026 at 7% (± 2%), Q4 2028 at 5% (± 2%)

The Central Bank of Egypt (CBE) has decided to extend its inflation…

Hossam Mounir