Cairo Film Festival unveils “Future Generation” Awards, celebrates CID
The 45th Cairo International Film Festival (CIFF) launched its Cairo Industry Days (CID) from 15-20 November, introducing a new "Future Generation Awards" category and highlighting the growth of the Egyptian…
MIDBANK offers over EGP 2bn in syndicated facility to four mega projects
MIDBANK has announced its participation in a syndicated facility to finance several giant projects. The bank's total share exceeded EGP 2bn, distributed over four projects in communications, real estate development,…
HDB achieves independent profits of EGP 12.275bn in September, with 76.8% growth
Housing and Development Bank (HDB) has cemented its leading position as one of the largest comprehensive commercial banks in the Egyptian market. Its high growth rates led to a qualitative…
Banque du Caire offers EGP 10bn syndicated medium-term facility to Misr Petroleum
Banque du Caire, the National Bank of Egypt (NBE), and seven other banks have joined forces to offer a syndicated medium-term facility up to EGP 10bn to Misr Petroleum Company.…
Suez Canal Bank’s net profits grow 130% to EGP 3.1bn in September 2024
Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, has stated that the bank's net profits increased to EGP 3.1bn in September 2024, compared to EGP 1.4bn in…
Pakistan Stock Exchange surpasses 93,000 points, signalling economic optimism
The Pakistan Stock Exchange (PSX) 100 Index has crossed the 93,000-point mark, marking a new milestone for the country's economic prospects. The surge in the index reflects growing investor confidence…
Shell Appoints Haytham Yehia as CEO of Shell Lubricants Egypt and GM for Middle East & Central Asia
Shell has announced the appointment of Haytham Yehia as Chairman and Chief Executive Officer of Shell Lubricants Egypt, as well as Cluster General Manager for Shell Lubricants in the Middle…
Hezbollah targets Israeli Defence Ministry in Tel Aviv
Lebanese militant group Hezbollah declared, on Wednesday, that it used new special drones to attack Israel’s Ministry of Defence and General Staff of the army headquarters in Tel Aviv for…
Madbouly highlights significance of COP29 in reaffirming commitment to climate pledge ‘implementation’
Egypt’s Prime Minister Mostafa Madbouly emphasized the significance of the Baku Climate Change Conference, which is taking place amid regional and international crises, including wars, as well as increasing and…
Presidential initiatives “100 million health” provided 212 million services over 6 years
Egypt's Deputy Prime Minister for Human Development and Minister of Health and Population, Khaled Abdel Ghaffar, announced on Wednesday, that public health initiatives, under the slogan "100 Million Health," have…
