Egypt’s Petroleum Minister discusses investment opportunities with Dana Gas, Petronas

Dana Gas plans to invest $43m in drilling program in 2024

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Orascom Construction secures $5.2bn worth of new contracts in 9M 2023

Company’s new contracts in Egypt are mostly financed by international organisations, says CEO Beshay

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FABMISR reports net profits of EGP 8.2bn in 9M 2023

First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, achieved a net profit of EGP 8.2bn for the nine months ending on 30 September 2023,

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MSMEDA provides EGP 4.1bn to support 128,000 small, micro-projects in 10 months

Funding creates 212,000 permanent, 278,000 daily job opportunities in various sectors

Hossam Mounir Hossam Mounir

Private sector involvement in climate adaptation is crucial to meet global goals: Mohieldin

Mahmoud Mohieldin, UN Climate Change High Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda emphasized the crucial role of the private sector in financing

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11 banks subscribe to NUCA’s EGP 15bn securitization bonds

The New Urban Communities Authority (NUCA) has issued securitization bonds worth EGP 15bn, which were fully subscribed by 11 local banks operating in the Egyptian market. The bonds are part

Fatma Salah Fatma Salah

UfM calls for peace conference, two-state solution for Palestine, Israel

The foreign ministers of the Union for the Mediterranean (UfM) countries issued a final statement after the eighth Regional Forum of the UfM in Barcelona, in which they confirmed their

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EFG Foundation partners with aiBANK Foundation, Magdi Yacoub Heart Foundation to train nurses at AHC

The EFG Foundation for Social Development (EFG Foundation), a non-profit organization dedicated to supporting sustainable development initiatives, has partnered with aiBANK Foundation for Community Development (aiBANK Foundation) and Magdi Yacoub

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Ministerial Committee of Arab-Islamic Summit rejects displacement of Palestinians

Egypt’s Foreign Minister Sameh Shoukry met with his counterparts from Saudi Arabia, Qatar, Jordan, Palestine, Turkey, and Indonesia, the Secretary General of the Arab League, and the Secretary General of

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Egypt reaffirms its solidarity with Palestinian people: Foreign Ministry

Egypt joins the international community in marking the International Day of Solidarity with the Palestinian People, which is celebrated on November 29 every year, in solidarity with the steadfast Palestinian

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