IFC invests in Algebra Ventures to support Egyptian tech start-ups and drive innovation
The IFC’s $15m investment in Algebra Fund II will help support the growth of roughly 20 tech start-ups primarily in Egypt but also in Africa more broadly. The fund, which…
Annual urban inflation jumps to 10.5% in March 2022: CAPMAS
Annual core inflation increased to 10.1% in March 2022: CBE
Al-Sisi reviews electricity projects across Egypt
Egyptian president directs to expand in renewable energy projects
Egypt’s Petroleum Minister, EU Commission discuss ways to increase cooperation in energy fields
El-Molla confirmed that the African-European summit last February witnessed several fruitful meetings with many officials in preparation for setting action plans to reduce emissions as a part of the Egyptian…
Egypt’s Nile revenue committee follows up on water position
Abdel Aty reviews purification works of canals, drains
Pope Francis calls for Easter truce in Ukraine
The pope's comments came during his recitation of the Angelus prayer from St. Peter's Square on Palm Sunday.
Egypt, European Commission discuss preparations for COP 27
The meeting comes within the ongoing preparations for the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), which will be hosted and chaired…
Oxford Business Group signs MoU with Egyptian Businessmen’s Association for 2022 economic analysis
Under the agreement, the EBA will team up with OBG to produce the Group’s first post-pandemic analysis of Egypt’s investment opportunities and economic development, and other related content.
GAFI, FRA, ITIDA sign protocol to create legislative, procedural environment for investment in Egypt
The protocol also includes finding innovative solutions that fit the nature of the work of emerging companies, facilitating their transactions, and creating a suitable work environment for entrepreneurs to attract…
Tawfik Financial Leasing targets net financing of EGP 3.5bn this year
The company is considering issuing a securitisation operation worth EGP 1.5bn in 2Q of 2022
