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…
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.
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…
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.
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
Samih Sawiris takes over Thomas Cook franchise in Germany
Sawiris owns 74.9% of the Raiffeisen Touristik Group, which generates around €3.5bn in sales per year. The group includes Otto brand Reiseland, Thomas Cook Netherlands, and 700 private travel agencies.
Ministry of Planning launches Sharek 2030 app to advertise gov’t projects
The launch of the Sharek 2030 mobile app took place within the activities of the 23rd session of CAIRO ICT 2019
Private Sector-Led Development in Egypt: IFC
Following the recent Investment for Africa Forum held in Egypt on November 22nd and 23rd, we share highlights of IFC’s approach to private sector development in one of the Middle…
Oil prices hike ahead of OPEC meeting after large production cuts expectations
Brent increased by $0.75 to $61.57, WTI up by $0.65 to $56.75
Rameda private placement oversubscribed 1.17 fold
Egypt’s second private-sector initial public offering (IPO) of the year, revitalising the country’s lacklustre IPO market, is the largest Egyptian IPO and has been since 2015.