Government plans to sell HHD to strategic investor
NI Capital, a subsidiary of the National Investment Bank, has chosen an independent financial advisor to assess the fair value of Heliopolis Company for Housing and Development (HHD), one of…
Egypt, 71 other countries issue urgent appeal for Gaza ceasefire, humanitarian aid
The permanent representative of Egypt to the UN in Geneva, Ahmed Ehab Gamal El-Din, joined the ambassadors and representatives of 71 other missions in Geneva to issue an urgent appeal…
Africa Investment Forum secures $34.82bn in investment interests
MARRAKESH, Morocco - The Africa Investment Forum (AIF) 2023 Market Days concluded today with a resounding success, securing $34.82bn in investment interests. This remarkable achievement, all in just 72 hours,…
Africa Investment Forum: Experts call for investment to harness continent’s mineral wealth
Marrakech – Experts at the Africa Investment Forum 2023 (AIF 2023) have called for investment in infrastructure, innovation, sustainable practices, and local industrial development to harness the continent's strategic mineral…
AfDB pledges more investment in cities as engines of Africa’s economic growth
Marrakech – The African Development Bank (AfDB) has pledged to increase its investment in cities, recognizing their role as the continent's economic engines. The bank's president, Akinwumi Adesina, announced at…
AIF: Roundtable focuses on reconciling economic growth with social needs
A roundtable discussion held on Wednesday during the Africa Investment Forum (AIF) in Marrakesh focused on ways to reconcile economic growth with social needs. The discussion brought together high-level participants,…
AIF 2023: AfDB President calls for increased investment in regional corridors
African Development Bank (AfDB) President Akinwumi Adesina has called for increased investment in regional corridors to boost intra-regional trade and economic integration. Speaking on the second day of the 2023…
Kafr El-Sheikh Museum: A journey through ancient Egyptian history
The Kafr El-Sheikh Museum, located next to Kafr El-Sheikh University, is a treasure trove of ancient Egyptian artefacts and culture. The museum reopened in 2020 after a development and restoration…
ADTIC develops a hotel overlooking the Pyramids with investments exceeding $80m
Company to appoint a consulting office to develop its strategic investment plan for the next five years, says CEO
Saudi’s ACWA Power, UAE’s Masdar, Azerbaijan’s SOCAR team up for 500MW renewable energy projects
Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has announced the signing of a Memorandum of Understanding (MoU)…