WHO warns of contaminated Indian cold-out syrup in MENA region
The World Health Organisation (WHO) has warned of the presence of contaminated cold-out syrup (Paracetamol and Chlorpheniramine Maleate) in some countries of the Middle East and North Africa (MENA) region. …
inDrive unveils new Safety Pact to empower users and protect riders
inDrive, the global mobility and urban services platform, today launched a Safety Pact to empower its users and drive safety in ride-hailing. The pact includes a number of initiatives aimed…
Egyptian, Jordanian postal authorities sign agreement to boost electronic payment services
Egypt Post and the Jordan Post have signed a cooperation agreement in the field of electronic postal payment services. The agreement is the conclusion of the 31st session of the…
Fawry Microfinance receives preliminary approval to add SME financing to its portfolio
Fawry one of Egypt's leading e- payments solutions providers, announced on Tuesday that its subsidiary, Fawry Microfinance, has received preliminary approval from the Financial Regulatory Authority (FRA) to add Small…
ADI Capital arranges EGP 1.65bn worth of Islamic syndicated finance for Kharafi National
5 Egyptian banks participate in Islamic financing deal
Egytrans to commence acquisition of NOSCO after shareholders’ approval
NOSCO acquisition to proceed in 4Q 2023
4.3% increase in trade deficit during May 2023
Egypt’s trade deficit reached $3.74bn during May 2023, versus $3.57bn for the same month of previous year, an Increase of 4.3%. The value of exports decreased by 20.9% as it…
saib Bank achieves pre-tax profits equivalent to EGP 603.1m in 1H 2023
Bank's net profit amounts to EGP 374.9m
CBE Governor receives delegation from Central Bank of South Sudan
CBE announces readiness to support banking capabilities of South Sudan
Flat6Labs, SIAC, Dar launch first-ever construction-focused accelerator programme in MENA
Programme to initially focus on Egyptian entrepreneurs, before expanding to Saudi Arabia, wider MENA region