Beltone raises EGP 10bn in largest capital increase in EGX history
Beltone's EGP 10bn Rights Issue of 5 billion new ordinary shares was oversubscribed by 5.49 times, with strong support from both existing shareholders and new investors.
Al Safy Group and Contact offer free insurance for “Mobilaty” devices for first time in Egypt
Contact Insurance Brokerage, a subsidiary of Contact Financial Group, and Mobilaty, a subsidiary of Al Safy Group for Import, Export, and Commercial Agencies, have signed a partnership agreement, the first…
Opinion| Social media terrorism
Despite international efforts, terrorism and violent extremism continue to grow in many countries worldwide. For example, groups affiliated with organizations like "Al Qaeda" and "ISIS" have made significant progress in…
NBE signs cooperation protocol with UNIDO
Protocol aims to support SMEs in sectors concerned with sustainable agriculture, food production, waste management, energy efficiency
e-finance considers applying for digital bank licence
Company to make its decision within a week after considering requirements: Hosny
Egypt advances 7 places in artificial intelligence index: Communications Minister
Amr Talaat, Minister of Communications and Information Technology, witnessed the closing ceremony of the first edition of the Capacity Building Initiative for Universities in the field of Artificial Intelligence at…
ACWA Power granted land for 10 GW wind project in Egypt
ACWA Power, a Saudi-listed company and the world's largest private water desalination company, signed on Tuesday a memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) to…
Prime Minister, tourism investors discuss increasing hotel rooms in Egypt
Egypt’s Prime Minister met with a group of tourism investors on Tuesday to discuss ways to increase the number of hotel rooms in the country. The meeting was held at…
British parliament approves controversial immigration bill
The British parliament has passed a controversial immigration bill that would prevent migrants who have arrived in the UK illegally from seeking asylum in the country. The bill is the…
Financial transactions through digital channels increase to about EGP 10trn: CBE
InstaPay users exceed 3.8 million, making about EGP 300bn worth transactions in 15 months: CBE’s Assistant Sub Governor
