TE cooperates with Grid Telecom to build submarine cable linking Egypt, Greece
This came during a visit by a delegation from the Greek IPTO to Telecom Egypt's headquarters in the Smart Village in Cairo.
Potential investor to start due diligence on Minapharm Pharmaceuticals
The company added that, according to the notification, the potential investor will conduct due diligence on MIPH.
EFG Hermes concludes advisory on Bedaya Mortgage Finance’s first securitization issuance worth EGP 651.2m
Commenting on the issuance, Maie Hamdy, Managing Director - Debt Capital Markets at EFG Hermes said, “We are proud to have advised on the first real estate mortgage securitization transaction…
alfanar to pump $533m in Egyptian energy, telecommunications sectors
Company aims to localise wind energy industry in Egypt, turn it into regional energy centre: Al-Ajmi
World must match Africa’s ambitions with resources to develop bold climate action: UN Chief at Aswan Forum
“As you gather for this forum, the people of Africa are facing unprecedented and multidimensional crises: an economic crisis sparked by COVID-19 and deepened by the skyrocketing price of food,…
UN urges scale-up in resources to avert famine in Somalia
"The humanitarian situation in Somalia continues to deteriorate rapidly. Already 1.5 million children below the age of five are malnourished, and we expect that 356,000 of these may not survive…
African Development Bank chief announces set up of youth investment banks
The banks, to be rolled out by the end of this month, will act as new financial institutions that create ecosystems of support around businesses of young people, by financing…
AUC chief condemns killing of 132 civilians in central Mali
A total of 132 civilians were killed in three villages in the rural commune of Bankass in central Mali, the Malian government said in a statement late Monday.
We look forward to converting Gulf deposits in Egypt into real investments: Finance Minister
Maait also indicated his appreciation for the Gulf’s growing role in supporting Egypt during the current global economic crisis that was exacerbated in the wake of the coronavirus pandemic and…
Saudi Arabia’s Hadhim aims to expand into Egyptian market in 2023
Company to plant 10 million palm trees in Egypt: Al-Tuwaijiri