Qalaa Holdings achieves EGP 18.7bn in consolidated revenues in 1Q
The increase in revenues was supported by an increase in the petroleum, marketing, and distribution sectors, along with the increase in electricity distribution rates at Taqa Power, the expansion of…
Egypt re-elected as board member of African Organization for Standardization from 2022 to 2025
The meetings were hosted by the Cameroonian capital under “The Standards We Want – African Union Agenda 2063 and African. The Role of Standardisation and Conformity Assessment During a Journey…
Pakistan organizes Mango Festival in partnership with Serena Hotels
Festival is part of Pakistan’s celebration of 75th anniversary of its independence
Popular protests over power cuts and political crisis in Libya
Demonstrators carried banners denouncing the deteriorating living conditions in Libya as a result of the political battles that Libya has been witnessing since the fall of former president Muammar Gaddafi.
Egyptian start-ups raise $269m in H1 2022
In the period from January to June of this year, about 35 Egyptian start-ups managed to raise $269.1m in the e-commerce and fintech sectors in terms of transaction value.
NBE inaugurates NBE-Juba PLC branch in South Sudan
The bank was granted the required licenses from the Central Bank of Egypt (CBE) and the Bank of South Sudan (BSS) to take the necessary actions to maintain its presence…
Ethiopia’s garment of religion is the best cloak for power and oppression
Since the Oromo protests that lasted from 2014 to 2018, Ethiopia rapidly evolved disobediently. In 2018, Ethiopia's first Protestant Prime Minister Hailemariam Desalegn resigned, and in March 2018, Abiy Ahmed…
CBE reveals most prominent indicators of banks’ deposits and investments in 1Q 2022
Customer deposits rise to EGP 6.980 trillion by end of March, of which 80.8% are for the household sector
AXA Egypt and CIB sign five-year bancassurance agreement to provide general insurance plans in 2023
This agreement supports the longstanding partnership between CIB and AXA Egypt, having already signed an exclusive 10-year bancassurance agreement with AXA Life Insurance to offer life, savings, and health insurance…
Baron Empain Palace celebrates 2-year anniversary of reopening
Museum presents two exhibitions that will last until 4 July