Egypt hasd the highest number of startups investment deals in MENA region for first time ever: MAGNiTT
$704M invested in 564 startup investment deals in MENA, according to the MENA startups data platform
EGP 300bn in proceeds from selling 17,500 feddan in NAC’s first phase
On the sidelines of the signing agreement’s press conference with Orange Egypt, which finalised the establishment and operation of the Administrative Capital data centre on Monday, Abdel Latif noted that the company is…
Al-Sisi, Information Minister discuss ways to develop local media
Heikal presented his plan to develop local media in a way that ensures more openness to all political forces and spectra
Avaya to open research and development centre in Egypt
Minister of Communications and Information Technology, Amr Talaat, on Monday met with Nidal Abou-Ltaif, president for Avaya International in Europe, the Middle East, Africa, and the Asia-Pacific.
WB’s board of directors to visit Egypt in January: MIC
Delegation to meet Madbouly, Al-Mashat, other senior officials, says statement
Egypt’s and Jordan’s FMs discuss ways to face current challenges
Seven countries agree to form entity, supporting stability in Red Sea
Cornerstone to deliver The Curve project in NAC mid-2023
Boulos pointed out that the built-in area percentage in the project is 18%, less than the allowed 22.5%. The project also includes services such as a mall, an administrative building,…
Gold value in FX reserves up $153m in December
This reserve level is the highest ever in the history of Egypt, and covers more than 8 months of commodities’ imports to Egypt.
Egypt hosts summit with France, Italy, Greece, Cyprus on Libya
The FMs will address efforts to reach a comprehensive settlement to end the Libyan crisis as well as issues of the Eastern Mediterranean region.
Misr Capital concludes EGP 2.2bn securitisation bond issuance for CorpLease
The eighth securitisation bond issuance for CorpLease – described by Misr Capital as “the largest leasing portfolio-backed securitised issuance yet on the Egyptian Exchange” – was backed by a single…