Egyptian healthtech startup Chefaa secures $5.25m to fuel Saudi expansion
Chefaa, a rising star in patient-centric pharmacy benefits platforms, has secured $5.25m in a strategic funding round led by Newtown Partners (South Africa) and Global Brain (Japan). Existing investors GMS…
Al Ahly Financial Services expands investment platform with Al Ahly Sukuk company
Al Ahly Financial Services (AFS) is further strengthening its commitment to diversified investment solutions with the launch of Al Ahly Sukuk company, a new subsidiary dedicated to Sharia-compliant financial instruments. …
Educational institutes and hospitals provide services to 11 million citizens in 2023
Egypt’s Ministry of Health and Population announced the provision of diagnostic and therapeutic services to 11 million 104,745 citizens, from January to mid-December 2023, through 17 medical facilities affiliated with…
Banque du Caire, El Taamer agree to finance Urban Business Lane project with EGP 956m
Financing agreement complements Banque du Caire's efforts to support real estate sector: Fayed
EIB, Norway’s Scatec explore cooperation in green hydrogen projects in Egypt
Consultation is underway with Egyptian Housing Ministry about project to develop water sector, says EIB vice president
US urges Libyan stakeholders to accept Bathily dialogue initiative
The US embassy in Tripoli on Sunday urged Libyans to accept the invitation of the Special Representative of the UN Secretary-General Abdoulaye Bathily to join the talks, driven by good…
Fierce clashes between Sudanese army, RSF in Sennar
Clashes resumed between the Sudanese army and the Rapid Support Forces (RSF) on Sunday morning, in the northern and western parts of Sennar State, southeast of the country. Witnesses said…
Al-Sisi directs to enhance social protection programmes
President Abdel Fattah Al-Sisi instructed to continue improving performance and enhancing the efficiency of project implementation to boost the indicators of the general budget and lower the total budget deficit…
Israeli attacks on Gaza claim 20,424 lives since 7 October
The Ministry of Health in Gaza reported that the death toll from the Israeli attacks on the strip had reached 20,424, with 54,036 wounded. It said that 166 people died…
Valu closes EGP 953.1m securitized bond offering Closes, paving way for financial expansion
Issuance is a strategic step forward in Valu’s ambitious vision, being part of the approved extended EGP 9bn programme
