HDB profits soar to EGP 4.4bn in 9M 2023, achieving 152% growth rate

The Housing and Development Bank (HDB) has continued its successful streak and achieved strong indicators and exceptional growth in its business results during the first nine months of the year.…

Hossam Mounir

Orange Egypt leaders discuss investment vision, strategy for 2024

We focus on enhancing our investments in smart cities, financial services, and digital data: Mahran

Daily News Egypt

Homeland Defenders Party appoints Essam Abdelghany as Secretary General of North Upper Egypt

MP Tariq Nosair, Secretary-General of the Protectors of the Homeland Defenders Party, issued a decision appointing Brigadier Essam Abdelghany Elretmy as Assistant Secretary-General for North Upper Egypt in the party.…

Daily News Egypt

Introducing Broadcast Channels on Facebook and Messenger

Takeaways• Broadcast channels are coming to Facebook and Messenger in the coming months.• People who manage Facebook Pages can start broadcast channels as a way to engage more deeply with…

Daily News Egypt

Angola National Day: PM Madbouly expresses Egypt’s keenness to strengthen economic cooperation

We appreciate the Egyptian role in supporting Angola during the Portuguese colonial period, as well as during Civil War: Ambassador of Angola in Cairo

Sami Hegazi

EFG Hermes advises on $625m sale of 30% of Eastern Company to UAE-based Global Investment Holding

EFG Hermes, the leading investment bank in Frontier and Emerging Markets (FEM), announced Saturday that it successfully concluded its advisory role to UAE investment firm Global Investment Holding Ltd on…

Daily News Egypt

MSMEDA contributes EGP 470m to convert 59,000 cars to natural gas

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) Saturday announced that it has provided EGP 470m from January 2021 to June 2023 to convert 59,000 cars to natural gas,…

Hossam Mounir

GB Capital expands its financial portfolio, launches securitization company

GB Capital's financial portfolio exceeds EGP 9.5bn

Daily News Egypt

CBE increases limits for financial inclusion accounts, prepaid cards, and mobile payment services

The Central Bank of Egypt (CBE) announced on Saturday that it has raised the maximum daily and monthly limits for transactions involving financial inclusion accounts, prepaid cards, and mobile payment…

Hossam Mounir

Egypt is promising market with supportive government: Samsung

Samsung Egypt, a leading electronics company, has expressed its confidence in the Egyptian market and its growth potential. The company’s Chief Marketing Officer, Ahmed Gaafar, said that the government has…

Mohamed Alaa El-Din