EFG Hermes closes valU’s first securitized bond offering worth EGP 322.5m
EFG Hermes, the financial services corporation in Frontier Emerging Markets (FEM), has announced that it successfully closed valU’s first securitization issuance worth EGP 322.55m, as part of a broader EGP…
EGX proposes rules for listing special purpose acquisition companies
Amendments also would ease process of listed companies acquiring non-listed entities
Madbouly inspects ‘Decent Life’ projects in Qalyubia
Prime Minister stresses importance of adhering to timetables set for completion and operation of all countryside development projects
Egypt starts Industrial Modernization Centre restructure: Trade Minister
Nevine Gamea, Minister of Trade and Industry, announced the start of a comprehensive plan to restructure the Industrial Modernization Centre (IMC) with the aim of updating its regulations, and contractual and financial procedures, in order to achieve…
Egypt conducts digital transformation since 2015, brain drain is biggest challenge: Deputy Minister
Al-Shorouk newspaper holds conference under title ‘Digital transformation between government achievements and citizen's requirements’
Egypt, Russia officials discuss ways to enhance bilateral cooperation in tourism
Meeting comes during Egypt’s Tourism Minister's current visit to Moscow
Egypt, South Korea discuss ways to strengthening health cooperation
Egypt can be hub through which Korean medical companies can access African markets, says Hala Zayed
Egypt’s trade deficit decreases by 27.8 % in June
Egypt's trade deficit dropped by 27.8% in June 2021 to reach $2.49bn, down from $4.07bn in June 2020, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). Egyptian…
Mercedes-Benz introduces new “StarView” video app
“StarView digitally connects customers with their vehicles workshop journey”
Jurist of IS terrorist group in Sinai turns himself in to Egyptian Military Intelligence
Several leaders of Sinai branch of IS were killed by Egyptian Army or turned themselves in, which reflected success of army’s ongoing operations, says statement