Contact Financial Holding Q1 income hits EGP 443m, insurance premiums soar 59%
Contact Financial Holding, Egypt's leading non-banking financial services provider, reported a robust performance in the first quarter of 2024, with total operating income reaching EGP 443m. The group's total financing portfolio grew to EGP…
Symphony of Success: Omar Khairat reflects on music, recent honour, and legacy
I am happy to be honoured as ‘Personality of the Year” in UAE, dedicate this award to Egypt
K-Movement Culture Week: Decade of Korean cultural exchange in Egypt celebrated with dance, music, and art
The Korean Cultural Centre in Egypt will celebrate its 10th anniversary with "K-Movement," a week-long cultural festival showcasing the best of South Korean dance, music, and art. The event, which…
Beyon Solutions acquires controlling stake in regional software provider Link Development
Beyon Solutions, a subsidiary of Beyon Group, has agreed to acquire a controlling stake in Link Development, a leading regional provider of digital transformation software solutions operating in Egypt, Saudi…
Record of land receipt for wind energy project in Sohag signed, attracting over $10bn in FDIs
Project hailed as largest wind energy initiative in Middle East, generating 23,000 jobs
Cairo commences partial trial operation of Metro Line 3’s third phase
Minister of Transport Kamel Al-Wazir oversaw on Wednesday the commencement of the trial operation with passengers for a segment of the third phase of Cairo Metro Line 3. This section…
Unemployment drops to 6.7% in Q1 2024: CAPMAS
The unemployment rate has seen a decline to 6.7% in the first quarter of 2024, down from 6.9% in the last quarter of 2023, as per the Central Agency for…
Orascom Development Egypt reports 41.4% revenue increase in Q1 2024
Orascom Development Egypt (ODE) has commenced the year with strong financial results, reporting a revenue of EGP 4.2bn in the first quarter (Q1) of 2024, marking a year-over-year (y-o-y) increase…
MSMEDA chief, Senegalese Microfinance Minister discuss promotion of micro-projects in both countries
Bassel Rahmi, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), recently held discussions with Alyoune Dion, Senegal’s Minister of Microfinance, Social Economy, and Solidarity. The talks focused…
Egypt considers unified Energy Ministry amid renewable energy push
Egypt is exploring the merger of its Petroleum and Electricity and Renewable Energy ministries into a single entity, Mohamed Fouad, Secretary General of the Egyptian Gas Association revealed on Wednesday.…