Banks provide EGP 4bn in indirect financing for Decent Life initiative in six months
The Central Bank of Egypt (CBE) reported that banks operating in the Egyptian market provided EGP 4bn in indirect financing for the Decent Life initiative during the second half of…
MCV, Volvo to produce electric buses in Egypt for export to Europe
Egyptian Trade and Industry Minister Ahmed Samir and Swedish Minister for International Development Cooperation and Foreign Trade Johan Forssell witnessed the signing of a joint manufacturing agreement between MCV, an…
BUE partners with AfricInvest to boost its expansion, transformation plan
The British University in Egypt (BUE), Egypt’s leading private British university, has announced a strategic partnership with AfricInvest, a pan-African private equity firm, to invest around $40m in the university’s…
Beltone Leasing becomes fully-fledged alternative finance provider
Company to offer new financing solutions for businesses
Eastern Company reports 90% increase in net profits for FY 2022/23
Eastern Company, the leading tobacco producer in Egypt, announced its consolidated financial results for the fiscal year ending in June 2023, showing remarkable growth in its net profits and revenues.…
Egypt supports UNRWA’s work for Palestine refugees
Egyptian Foreign Minister Sameh Shoukry met with UNRWA Commissioner-General Philippe Lazzarini on Tuesday and expressed Egypt’s keenness to support the UN agency that provides basic services to Palestine refugees. Shoukry…
Egypt, Japan seek to strengthen strategic partnership
Egyptian Foreign Minister Sameh Shoukry and his Japanese counterpart Hayashi Yoshimasa held a joint press conference in Cairo on Tuesday, following their bilateral talks on various issues of mutual interest.…
Ezdehar plans to invest $50m in Egyptian companies by year-end
Promotion of new fund for SMEs will begin within two weeks: Barsoum
Egypt’s population increased by 25 million in 10 years: Planning Minister
Egypt's population has increased by 25 million people in the past 10 years, despite efforts by the government to curb population growth, the country's planning minister said Tuesday. Hala El…
Financing climate projects in Africa must take into account debt reduction: Mahmoud Mohieldin in ACS
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda emphasised the importance of considering the debt crises experienced by…
