Vantage Capital grants Compass $10m in financing to expand Bonyan’s capacity

The acquisition is being made by Compass Capital’s existing real estate company, Bonyan for Development and Trade, which owns and operates the Walk of Cairo — an outdoor retail boulevard…

Fatma Salah

CIB, Via Drive-Thru join forces to expand on-the-go ordering in Egypt

CIB is collaborating with Via Drive-Thru to bring customers unparalleled digital on-the-go experience

Daily News Egypt

ITI offers new training specialties within ‘Tech Leaps Initiative’

Chairperson of the ITI Heba Saleh said that this partnership comes within the framework of the increasing demand to support the labour market with qualified human cadres and establishing new…

Daily News Egypt

Egyptian start-ups attract $491m in funding during 2021

E-commerce and fintech were the most active industries in terms of the number of deals closed during 2021.

Mohamed Alaa El-Din

Egypt, Saudi Arabia agree to bolster cooperation in various fields

The meeting was chaired by Egyptian Minister of Trade and Industry Nevine Gamea and Saudi Minister of Trade Majid Bin Abdullah Al-Qasabi.

Daily News Egypt

CI Capital’s net profit records 44% growth in 2021

These figures came in a report CI Capital released on Wednesday detailing its consolidated results for FY2021.

Fatma Salah

Dense bones allowed Spinosaurus to hunt underwater

Its close cousin, the Baryonyx, probably swam too, but the Suchomimus might have waded like a heron

Daily News Egypt

Palm Hills Development issues financing sukuk programme worth EGP 3.2bn

Sarwa Promotion and Underwriting signed an agreement with Banque Misr and Misr Capital — the investment arm of Banque Misr — to play the role of promoter, underwriter, and payment…

Fatma Salah

Egyptian currency slightly appreciates against US dollar after 2-day free fall

Greenback averaged EGP 18.32 for buying, EGP 18.42 for selling at banks

Hossam Mounir

Egypt’s PM meets representatives of 16 German companies to discuss investment in Egypt

Madbouly indicated that German investments are one of the largest in the Egyptian market, as there are about 100 German companies working in various sectors in the country, especially technology,…

Daily News Egypt