Tamer Seif El-Din appointed as CEO and Managing Director of aiBANK
The appointment came after the completion of the acquisition of 76% of the capital of aiBANK by the alliance of the EFG Hermes Financial Group and the Sovereign Fund of…
Egypt’s Higher Education Minister chairs meeting of Fund for Innovators and Geniuses
The fund aims to provide sponsorships for brilliant innovators in Egypt
Egypt to start procedures for IPO of army-owned companies in 2022: FRA
Real estate financing soared to record-high of EGP 8bn in 2021
Egypt’s Trade Minister receives Arab American Chamber of Commerce delegation
Egypt is keen to cooperate with all regional and international business organisations to take advantage of their capabilities in strengthening trade and investment relations
Egypt keen on encouraging local and foreign investment: Finance Minister
Egyptian role is essential for stability of the region and continent, says Japanese ambassador
Joint Egyptian-Saudi ‘Tabuk-5’ military drills continue in Saudi Arabia
Special forces units and support elements of various specialised weaponry from both sides participated in the drills
Abdel Ghaffar, Swedish ambassador discuss cooperation in health sector
The two sides stressed the importance of cooperation in combating infectious diseases
Average annual headline urban inflation recorded 5.2% during 2021: CBE
During the first four months of 2021, annual inflation recorded muted rates below 5% due to broadly muted monthly inflation rates — for instance, monthly headline inflation in January 2021…
Ministry of International Cooperation secured development financing of $10.2bn in 2021
This includes $8.7bn directed to public sector development and $1.57bn directed to private sector development. It also includes development financing grants of $476m, representing 5% of 2021’s total secured development…
Egypt’s President Al-Sisi meets with Algeria’s top diplomat
Bassam Rady, the Spokesperson of the Presidency, said that President Al-Sisi stressed Egypt’s keenness to advance the frameworks of bilateral cooperation between the two countries at various levels by activating…
