Egyptian consortium installs 1st hydroelectric turbine at Tanzania’s Julius Nyerere Station
Consortium consists of Arab Contractors, Elsewedy Electric companies.
Health Minister briefs cabinet on pandemic situation, COVID-19 vaccine rollout
Vaccination centres increase to 657 nationwide
Egypt, Somalia discuss strengthening cooperation in education
Demands to increase Egyptian scholarships offered to Somali students to 450 instead of 200 scholarships
Egypt’s intelligence chief visits Ramallah, Tel Aviv to push peace process forward
Egypt previously mediated ceasefire between Israel, Hamas ending 11-day assault on Gaza in May
EFG Hermes records 20% Y-o-Y increase in revenues in 2Q21
EFG Hermes' bottom-line maintained its upward trajectory, booked a solid 24% Y-o-Y increase to EGP 406m in 2Q21
Malware attacks in Egypt increase to 42 million during H1 2021
Malware attacks in Middle East witness 17% increase
Mobile wallets increase to 16.3 million in Egypt in H1 2021: Telecom Regulator
Mobile companies’ shares of e-wallets were: Vodafone 65%, Orange 20%, Etisalat 11%, and WE 4%.
Egypt aims to expand development partnerships with World Food Program
Current portfolio between Egypt and WFP amounts to $586m
United States grants 20 public transportation buses to North Sinai
Buses, worth $1.8m, will ensure that communities in Central Sinai have access to workplaces, commerce, education, and government services
Qalaa Holdings expects Egyptian Refining Co. to achieve EBITDA of $500-600m by 2022-end
Taqa Arabia’s potential IPO plans have been shelved at least for 3 quarters