IMF to approve $1.6bn in financing for Egypt in coming weeks
Egyptian economy expected to see growth of 2.8% in FY 2020/21, rising to 5.2% in FY2 021/22, says fund
Opinion| Significant transformations in US Congress against apartheid state in Palestine
However, this crisis has achieved great political gains for the Palestinian cause, putting it back at the top of international priorities. Most importantly, it clearly demonstrated the radical shift in…
Opinion| Egypt’s success in restoring calm to Gaza strengthens its regional, international standing
Without these efforts, the ceasefire that entered into force at dawn on Friday would not have become a tangible reality on the ground.
IDH, IFC partner on $45m debt financing package to expand diagnostic service access
The eight-year loan will be used to finance IDH’s growth plans across new and existing markets, whilst also helping to expand access to high-quality diagnostic services in high growth emerging…
NBE, Geidea cooperate to deploy POS across Egypt
In cooperation with the NBE, Geidea has obtained an electronic payment facilitator licence from the Central Bank of Egypt (CBE) in preparation for the launch.
Egypt’s Al-Ahly Momken eyes EGP 1bn in monthly transactions, deploys 40,000 POS
NBE invests EGP 150m to upgrade Momken infrastructure
RiseUp, Alibaba founder collaborate to support African entrepreneurship
Startups expect to see strong growth in funding during 2021 compared to last year
Egypt’s Irrigation Minister reviews water situation during maximum needs period
Minister Mohamed Abdel Atty stressed need to address forms of encroachment on River Nile, canals
Egypt’s Tourism, Environment Ministers discuss ecotourism, Green Star brand
El-Anani praised Environment Ministry’s efforts relating to ecotourism in Egypt
Cryptocurrency is evolution of money with new assets: Visa
Cryptocurrency, which is independent of any government and central bank, is a digital currency that can be used to buy goods and services, and uses an online ledger with strong…
