EgyptAir to resume direct flights between Cairo and Moscow starting 15 April
The airline called upon travellers to follow the health procedures necessary to travel to Russia and to conduct a PCR test within 48 hours before the flight’s departure time.
Egypt, Jordan discuss cooperation in natural gas delivery projects
El-Molla reviewed Egyptian experiences in delivering natural gas to homes and their success in covering more than 13.5m housing units with natural gas after doubling the delivery rate to 1.2m…
Egypt’s Environment Minister discusses cooperation with WB delegation
The meeting discussed the preparation of the Country Development and Climate Report
Egypt’s PM stresses gov’t’s support for industrial sector amid Russian-Ukrainian conflict
To be specific, the meeting discussed the results of the financial and monetary measures taken by the Egyptian state to deal with the negative economic repercussions of the ongoing global…
EFG Hermes completes advisory on $6.1bn IPO of state-owned DEWA on the DFM
This is the largest ever listing in the Middle East since 2019 and a first-of-its-kind transaction of a public company in Dubai.
Egyptian Cabinet approves draft law prohibiting underage marriage
During its weekly meeting, the Egyptian cabinet approved on Tuesday a draft law prohibiting underage marriage.
ADQ acquires stakes in five largest Egyptian companies in deals worth $1.8bn
The shares that were bought are as follows: 17.1% from the CIB, 21.25% from Abu Qir Fertilisers, 33% from Alexandria Container Handling, 12.6% from Fawry, and 20% from MOPCO.
Russian invasion to shrink Ukraine economy by 45% this year: World Bank
Emerging economies in Europe, Central Asia also hit hard
Geidea collaborates with Fatoura to provide digital solutions for retailers
The partnership allows merchants to manage their stock of goods through the Fatoura application, and provide Geidea services of all kinds, including accepting electronic payment and bill payment services.
Elections necessary to bring Libya out of cycle of transitional governments: US ambassador
US works with key actors on all sides to maintain stability, meet most important needs of people: Norland