GAFI chief visits Doha to discuss boosting investment cooperation

Abdel Wahab reviewed the investment opportunities of interest to Qatari investments, which are consistent with the economic trends of the two countries, especially in chemical and petrochemical industries, financial services,…

Daily News Egypt

B Investments to sell stake in Giza Systems to STC

Last April, the Board of Directors approved the binding offer from the Arabian Company to acquire the entire 44.7% stake of B Investments Holding through an indirect stake in Giza…

Fatma Salah

Egypt has never engaged in conflicts to increase its water share: Al-Sisi

Al-Sisi announces initiative to provide 30 million doses of COVID-19 vaccines to African countries

Daily News Egypt

WM Consulting offers to acquire majority stake in Beltone Financial at EGP 1.35 per share

They pointed out that Beltone's board of directors is scheduled to hold a meeting to discuss the offer and appoint a legal advisor.

Fatma Salah

Liverpool Academy and TMG honour players for successful 2021/2022 sports season

Madinaty Sports Club has celebrated the end of the 2021/2022 sports season at the Liverpool Academy in Egypt.

Daily News Egypt

Dreny & Partners advises EFG Hermes Corp-Solutions in its 3-billion-bond multi-tranche programme 

Dreny & Partners acted as the legal advisor for the transaction, EFG Hermes investment banking unit acted as the issuance lead arranger and financial advisor. 

Fatma Salah

EFG Hermes concludes joint bookrunner role on $2bn IPO of Borouge on ADX

Borouge, one of the world’s leading providers of advanced polyolefin solutions, listed 3.0 billion shares today — 10% of its share capital — at a share price of AED 2.45,…

Fatma Salah

FRA launches ‘Pioneers of Excellence in Sustainability’ competition in non-banking financial sector

Competitionsupports FRA’s efforts to localize sustainable development, green finance, and women empowerment in non-banking financial sector: Omran

Fatma Salah

Egypt’s food industries contributes 24.5% of GDP 

Chamber of Food Industries recommends financing factories to comply with requirements for food safety

Shaimaa Raafat

Egypt’s external debt registers $145.5bn in December 2021

Long-term debt accounts for 91.2% ($132.7bn) of total external debt

Hossam Mounir