Egypt seeks to activate outputs of COP27 during G20 Summit in 2023: Foreign Ministry
Raji Al-Itribi, Egypt’s representative to G20, and Assistant Foreign Minister for Multilateral,
PIF in talks to acquire United Bank in Egypt for $600m: Bloomberg
The PIF aims to complete the acquisition by 1Q 2023
Al-Sisi stresses need to embrace human rights, freedoms in their comprehensive sense
President Al-Sisi stressed the need to continue embracing human rights and freedoms in Egypt in their comprehensive sense, in accordance with the Egyptian Constitution and international obligations.
EFG Hermes concludes advisory on valU’s securitized bond issuance worth of EGP 854.5m
Commenting on the issuance, Maie Hamdy, Managing Director - Debt Capital Markets at EFG Hermes, said: “We are pleased to be part of yet another successful issuance for valU and…
Egypt, World Bank Group discuss developments of social housing financing programme
The meeting also included Robert Bogoda, Director of Operations in the Middle East and North Africa; Mai Abdel Hamid, CEO Social Housing and Mortgage Support Fund; and the World Bank and the…
Museum of Tal Basta Antiquities hosts temporary exhibition on Ancient Egyptian writing
The exhibition will run until 30 December.
Egypt invests EGP 7.4bn in tourism sector during FY 2022/23: Planning Minister
Minister of Planning and Economic Development Hala El-Said said that tourism is a major driver of the global economy, as it alone generates about 10% of the GDP, and accounts…
New Era Education, Bloom UAE & New Giza Development bring the renowned Uppingham School To Cairo
The top ranked British School to open a branch campus for 2024-2025 Academic Year
alBaraka Capital launches ‘Tanfeez’ company for real estate investment
Company represents new addition to AlBaraka Bank Group, says Hazem Hegazy
Vortex Energy injects second investment tranche of €46m in Ignis
Sources told Daily News Egypt that Vortex Energy will invest up to €476m through its newly launched Vortex Energy IV Fund and its co-investors into Ignis via a series of…