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Paymob partners with Khazenly to fortify its digital enablement of merchants in Egypt 

Paymob partners with Khazenly to fortify its digital enablement of merchants in Egypt 

Paymob, a leading financial services enabler in the MENA-P region and Khazenly, Egypt’s premier on-demand digital warehousing and fulfilment management platform, announced that they have signed a partnership agreement that will enable merchants to fully digitise business operations. The strategic partnership creates an end-to-end ecosystem that combines Paymob’s multiple digital payment acceptance and payout solutions …

Daily News Egypt

Clear monetary policy, stable exchange, production incentives essential for better investment climate: EJB

The EJB noted that there is a fear among foreign investors of entering the local market in light of the shortage of foreign exchange, which makes it difficult to transfer funds abroad.  Hence, large fluctuations in the exchange rate without control represents great losses for foreign investment in general, consequently, there is a need to control the exchange market because it affects many production derivatives.

Daily News Egypt

Germany, US mark Holocaust Remembrance Day 

Germany, US mark Holocaust Remembrance Day 

The Holocaust marks the darkest chapter of German history and must never be forgotten. Germany is committed to drawing the lessons from its past for the present and the future. Speaking during the event, German Ambassador Frank Hartmann stressed: “It is our duty as a nation and as humans, to keep the memory alive and make sure that history does not repeat itself. Never forget, and never again. This became a supreme priority of our education, and of our Foreign Policy

Daily News Egypt

IEA expects decline in global fossil fuel consumption

IEA expects decline in global fossil fuel consumption

It indicated that high gas prices owing to the supply crunch has accelerated a shift towards renewables in Europe whilst stymieing its potential as a transition fuel in emerging Asia. Growth in advanced economies has been underpinned by measures such as the Inflation Reduction Act in the US.

Daily News Egypt