Capital Markets Advisors Concludes Advisory Role in Al Baraka Bank Egypt’s Acquisition of Amlak Finance Egypt
Capital Markets Advisors, a subsidiary of Synergy Capital, has successfully completed its role as the exclusive buy-side advisor to Al Baraka Bank – Egypt in its full acquisition of Amlak…
Health minister, Qena governor review progress on key healthcare projects in Upper Egypt
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, met on Sunday with Qena Governor Khaled Abdel Halim to discuss ways to accelerate the development of the healthcare system in…
RSF claims capture of El Fasher after fierce battles with Sudanese army
The Rapid Support Forces (RSF), a paramilitary group, launched a major assault on El Fasher, the capital of North Darfur, claiming full control of the Sudanese army’s 6th Infantry Division…
Egyptian machinery enters Gaza amid renewed Israeli truce violations
Egyptian machinery and equipment entered the Gaza Strip early Sunday through the Rafah crossing to assist in the search for the remains of Israeli detainees believed to be buried under…
Infrastructure projects key to attracting $11bn to Suez Canal Economic Zone: Madbouly
Egypt's massive investment in infrastructure over the past decade has been crucial in attracting $11bn in foreign direct investment to the Suez Canal Economic Zone (SCZONE), Prime Minister Mostafa Madbouly…
Egyptian Swiss Group invests $25m to expand pasta production over five years
Egyptian Swiss Group for Pasta, Milling and Concentrates announced plans to expand its production capacity over the next five years with total investments of $20-25m, aiming to achieve EGP 5bn…
Belmazad, Cairo Finance partner to launch real estate auction platform, debuting with Mansoura asset
Belmazad, a company specialising in online real estate auction management and marketing, has signed a partnership agreement with Cairo Finance, a subsidiary of Banque du Caire, to launch an integrated…
Capital Agro launches $25m logistics hub to enhance frozen food storage, distribution
Capital Agro for Import & Export Group has announced the launch of a new $25m logistics complex dedicated to frozen food storage and distribution, featuring large-scale freezers and integrated sorting…
CIB launches co-branded credit card for Egypt’s digital generation
The Commercial International Bank (CIB) Egypt, the country’s largest private-sector bank, has announced a strategic partnership with Talabat, the leading e-commerce platform in the Middle East and North Africa, and…
Delemar Industrial Group launches EGP 5bn expansion to establish advanced industrial complexes
Mahmoud Haroun, Chairperson and Managing Director of Delemar Industrial Group, a member of the Federation of Egyptian Industries and the Industry Committee at the American Chamber of Commerce, announced the…