FABMISR unveils new Islamic branch in New Cairo
First Abu Dhabi Bank Misr (FABMISR), a leading financial institution in Egypt, has announced the opening of its latest Islamic branch in the Fifth Settlement, New Cairo. This initiative reflects…
Cybersecurity in AI era: Evolution of threat landscape in 2023
Kaspersky’s experts have unveiled the significant impact of AI on the cybersecurity landscape of 2023 in their latest report. The analysis adopts a comprehensive approach, delving into the implications of…
COP28 ends with historic agreement on moving away from fossil fuels
The United Nations Climate Change Conference (COP28), which concluded Wednesday, has been hailed as a significant step towards a global transition away from fossil fuels and towards a more sustainable…
Beltone Mortgage Finance increases its capital to EGP 1bn
Beltone Financial Holding has disclosed that its subsidiary, Beltone Mortgage Finance, has finalized the process of doubling its issued capital from EGP 500m to EGP 1bn. Additionally, Beltone Mortgage Finance…
Beyti anticipates export growth to $55m in 2024
Shaimaa Tawfik, head of export sector and business development at Beyti Food Industries, projects a 77% increase in the company’s exports to $35m this year, up from $23m in 2022.…
Raya increases stake in Ostool Transport and Logistics to 90%
Raya Holding for Financial Investments has announced the signing of an agreement to acquire a 27.69% stake (23.9 million shares) in Ostool Transport and Logistics Company, currently held by Egyptian…
CIB – Egypt becomes official banking partner of Food Export Council
CIB, FEC cooperate to support state’s plan to increase Egyptian exports to $100bn
Industrial production must reach $250bn to meet export goals: ECS
40% of total production is exported, says Elwathik Bellah
B.Tech set to finalise EGP 1bn securitisation this week
Seven financial institutions to cover issuance: Sources
Al-Sisi reiterates Egypt’s support for DRC’s development initiatives
President Abdel Fattah Al-Sisi has reiterated Egypt’s commitment to aiding the Democratic Republic of the Congo (DRC) with its development initiatives, reflecting the longstanding and unique ties between the two…
