Only 20-25% of Careem’s trips are paid for by credit cards, as drivers prefer cash payments
Careem, the region’s leading multi-service app, has joined forces with PaySky, the leading financial technology and electronic payment solutions company in the Middle East and Africa, to introduce a faster…
Egypt, Japan hold second high-level policy dialogue for development cooperation
Egypt's Minister of International Cooperation Rania Al-Mashat and Japanese Ambassador to Egypt OKA Hiroshi held the second meeting of the Egypt-Japan High-Level Policy Dialogue for development cooperation on Sunday. The…
EBRD to extend $100m loan to Egypt’s Banque Misr for MSMEs lending
The European Bank for Reconstruction and Development (EBRD) is extending a $100m loan to Egypt’s Banque Misr for on-lending to local micro, small and medium-sized enterprises (MSMEs). The loan will…
Egypt’s Health Minister inspects facilities in Qena and Luxor
Abdel Ghaffar directs accelerated completion of work on developing Nagaa Hammadi General Hospital
Mahmoud Mohieldin says global finance reform needed for just green transitions
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda, said Tuesday that reforming the global finance system and adjusting…
Bank credit facilities increase EGP 917.2bn in 9 months: CBE
Bank credit facilities reach about EGP 4.482trn in March 2023, compared to EGP 3.564trn in June 2022
TAQA Arabia’s diversified activities reduce its vulnerability to oil market fluctuations: Expert
Prime Securities sets price target of TAQA Arabia stock at EGP 7.4 within 12 months
Egypt launches first edition of Egypt Power Show
Minister of Trade and Industry Ahmed Samir inaugurated the first edition of the Egypt Power Show, the largest and first buyer mission in the electrical industries sector. The mission includes…
ADIB Egypt, IFC sign first Shariah-compliant subordinated Tier 2 financing agreement worth $50m
Abu Dhabi Islamic Bank (ADIB) Egypt has announced the signing of the first Shariah-compliant subordinated Tier 2 financing agreement worth $50m with the International Finance Corporation (IFC) using the Murabaha…
Egypt, Türkiye discuss strengthening cooperation in military industries
Minister of State for Military Production, Mohamed Salah El-Din Mostafa, discussed on Monday with Salih Mutlu ŞEN, the Turkish ambassador in Cairo, ways for boosting cooperation between the two sides.…
