Trade Minister discusses Elaraby Group’s expansion plans in Egyptian market
Egyptian Minister of Trade and Industry Ahmed Samir has met with a delegation from Elaraby Group. The group specializes in manufacturing home appliances and is headed by Mohamed Mahmoud Elaraby,…
FABMISR offers mortgage finance with an annual interest rate of up to 8%
In support of Central Bank of Egypt’s initiative
Chemical Export Council, EAID sign MoU to boost services to member companies
The Chemical and Fertilizers Export Council recently signed a memorandum of understanding (MoU) with the Egyptian Association for Industrial and Development (EAID). The primary objective of this collaboration is to…
Romania joins Schengen area, issuing uniform visas
In a significant milestone for the nation, Romania officially became a full member of the Schengen Area on March 31st, 2024. This grants Romanians and other Schengen citizens the freedom…
Economic turmoil deepens as Yemen’s rival factions feud over Houthi coin rollout
Tensions escalated Sunday between Yemen's rival warring factions after the Houthi group announced issuing a new 100 riyal coin, a move swiftly rejected by the internationally recognized government as a…
UN chief calls for global actions to combat waste crisis
UN Secretary-General Antonio Guterres on Saturday called for worldwide efforts to tackle the waste crisis. In a video message for the International Day of Zero Waste, which falls on March…
Banque Du Caire launches green financing programs for electric cars, solar panels
Banque Du Caire has unveiled new financing programs designed to accelerate the adoption of sustainable technologies in Egypt. These programs offer loans for electric vehicle purchases and solar panel installations,…
60% decline in mergers, acquisitions activity in Egypt last year: PwC
Eastern Company deal among five largest deals in Middle East
Tourism Minister inspects Grand Egyptian Museum, Giza Pyramids
Egypt's Minister of Tourism and Antiquities, Ahmed Issa, conducted a series of inspections on Sunday as part of his ongoing oversight of the country's cultural heritage sites. Issa's day began…
TSFE aims to complete Misr Pharmacies deal by Q3
The Sovereign Fund of Egypt (TSFE) intends to acquire a controlling stake in the company that owns the chain of Misr Pharmacies, informed sources have revealed. The fund plans to…