500 Startups company invested in 37 Egyptian startups, making 30% of its MENA portfolio: venture partner

We typically invest an average of $100,000 as an initial investment, and can follow on in the top 20-30% of our investments, up to $500,000, says Haider.

Nehal Samir

She is Arab: a new voice for Arab women

She is Arab is a passion venture co-founded by Noha Hefny and Samar Alshorafa. Daily News Egypt had interviewed borh Hefny and AlShorafa to learn more about the platform.

Nehal Samir

Bimaristan Al Muayyad, one of the world’s largest hospital, is locked behind Islamic Cairo’s gates

Sultan Muayyed shiekh killed his son and built one of largest hospitals in the Islamic world

Bassant Mohammed

Energy prices, bank interests are the industry’s biggest obstacles in Egypt: Mohamed Hanafy 

We can compete abroad only by reducing the cost price, says director of the Metallurgical Industries Chamber at FEI

Tamer Farhat

Rise of gold investment raises bullion sales, workmanship

60% increase in demand for bullion from the beginning of 2019, says Embabi

Daily News Egypt

Energean pledges net zero emissions by 2050

The pledges of the United Nations “Business Ambition for 1.5°C: Our Only Future” campaign, and specifically to set science-based targets across Energean’s entire value chain, the company said in a…

Mohamed Adel

Egyptian Arab Land Bank appoints Medhat Kamar as chairperson

Kamar served as the deputy chairperson before Amr Kamal, who just recently resigned from his post, nominated him to take the lead. 

Daily News Egypt

Paymob to be present in RiseUpSummit19 with the Cashless experience RiseUpPay

Islam Shawky, Co-founder & CEO of Paymob, will be sharing a speech about the future of digital payments technology for the participants of this important regional event. The session will…

Daily News Egypt

2.3% increase in exports, decrease in trade balance deficit by $2.147bn

Imports also witnessed a decline of 3% to record $57.709bn compared to $59.336bn during the same period last year with a decrease of $1.660bn.

Shaimaa Al-Aees

Decathlon opens new branch in Egypt

Eyeing expansion in the local market, the French group strives to keep introducing quality products to Egyptian consumers, says Bodhuin

Daily News Egypt