Sehatech secures $850,000 in funding from A15, Beltone Venture Capital to digitize TPA industry
Sehatech, a leading health tech startup based in Egypt, announced Sunday that it has secured $850,000 in funding from A15 and Beltone Venture Capital, a subsidiary of Beltone Holding Company.…
Palestinian Foreign Ministry condemns Israeli occupation attacks in Nablus
The Palestinian Foreign Ministry on Sunday condemned the escalation of attacks and crimes by Israeli occupation forces, settler militias and their terrorist elements against Palestinians, their land, property, homes and…
Egyptian Foreign Ministry spokesperson stresses importance of parliamentary diplomacy
Ambassador Ahmed Abu Zeid, the official spokesperson of the Egyptian Ministry of Foreign Affairs, stressed the importance of the role of parliamentary diplomacy in recent years in expressing peoples' positions…
AFREXIMBANK to establish headquarters in New Administrative Capital
The African Export-Import Bank (AFREXIMBANK) has signed a contract to establish its headquarters in the New Administrative Capital of Egypt. The contract was signed by Khaled Abbas, Chairperson of the…
Sorouh starts new phase of Entrada project in New Capital
Sorouh Developments has announced the launch of Cascadia, a new phase of its Entrada project in the New Administrative Capital (NAC). The company has signed a contract worth more than…
UAE’s Global Investments Holding Ltd acquires 30% stake in Egypt’s Eastern Company for $625m
Global Investments Holding Ltd., a company based in the United Arab Emirates, has acquired a 30% stake in Egypt's largest tobacco producer, Eastern Company, for $625m. Under the agreement, the…
saib launches project to make banking more accessible for people with disabilities
Step comes within framework of state’s directives, CBE initiative to empower people with disabilities
Attijariwafa bank Egypt posts record net profit of EGP 913.1m in 1H 2023
Attijariwafa bank Egypt has announced a record net profit of EGP 913.1m in the first half (1H) of 2023, up by 146.6% from the same period last year, when it…
CBE reports 12.7% rise in domestic liquidity in seven months
Non-governmental deposits in local currency reach EGP 5.791trn
CBE assets soar by 50% in one year to EGP 4.480trn
Bank’s contributions to capital of international financial organisations increased to EGP 19.378bn,