TMG profits exceed expectations, its share FV records EGP 15: Naeem Brokerage
Naeem Brokerage has said that Talaat Moustafa Group’s (TMG) net profits in the first quarter of 2023 exceeded the company's estimates. The Group's net profits amounted to EGP 747m in…
Al-Ahly Pharos consults on 1st securitization issuance worth EGP 759m for Enmaa Finance
Al-Ahly Pharos has announced that its team successfully closed Enmaa Finance Company’s first securitization issuance worth EGP 759m secured by a portfolio of EGP 1.161bn. Al-Ahly Pharos acted as the…
Egypt Post launches project to convert mail trucks to electric
Sherif Farouk, Chairperson of Egypt Post, has said that they launched a strategic plan to preserve the environment and reduce carbon emissions through several immediate steps, including a project to…
205k tonnes of fodder supplies worth $100m released from ports within 7 days: Agriculture Minister
Elsayed Elkosayer, Minister of Agriculture and Land Reclamation, announced Monday that 205,000 tonnes of fodder supplies worth $100m were released from Egyptian ports from 2 to 8 June, an increase…
Egypt is keen to deepen its strategic partnership with Greece: FM Shoukry
Shoukry stresses need for regional, international position to stop escalation in occupied Palestinian territories
Egypt’s Trade Minister, Afreximbank discuss arrangements for hosting IATF in November
Egypt’s Minister of Trade and Industry Ahmed Samir has met with President of the African Export–Import Bank (Afreximbank) Benedict Oramah and his accompanying delegation. The meeting reviewed the bank’s current…
Ecombo seeks a $10m investment round by end of 2024 to strengthen its Gulf expansion
Ecombo, the trailblazing social e-commerce platform, now seeks a $10m investment round by the end of 2024 to further its Gulf expansion. Fares Senior, the founder and CEO of ecombo,…
Iraqi PM arrives in Egypt, expected to conclude several agreements
Iraqi Prime Minister Mohammed Shia Al-Sudani arrived in Cairo, on Monday, on an official visit to Egypt, during which it is hoped that several agreements will be concluded between the…
Environment Minister, SCZONE Chairperson discuss joint cooperation
Egypt’s Minister of Environment, Yasmine Fouad; met with Waleid Gamal El-Dein, the Chairperson of the General Authority for the Suez Canal Economic Zone (SCZONE), at the authority's headquarters in Sokhna,…
Nigerian Federal Government alerts general public on outbreak of Anthrax
The Nigerian Federal Ministry of Agriculture and Rural Development alerted the general public to an outbreak of Anthrax in neighbouring countries within the West African sub-region. Specifically, Northern Ghana, and…