IFC pours $50m into EMIF II to bridge Asia-Africa infrastructure gap, eyeing Green Growth

IFC, the private-sector arm of the World Bank, is injecting $50m into A.P. Moller Capital's $1bn Emerging Markets Infrastructure Fund II (EMIF II), joining forces with a global consortium to…

Daily News Egypt

All Russians evacuated from Gaza Strip, relief mission concludes

Russia has wrapped up its mission to evacuate its citizens from the conflict-stricken Gaza Strip, with the final group of 73 people, including 45 children, now awaiting departure from Cairo,…

Daily News Egypt

CIB becomes first Egyptian bank to conform to ISO 29993 in learning services management

Commercial International Bank Egypt (CIB) has achieved conformity to ISO 29993, a leading international standard for learning services management systems outside the framework of formal education. CIB is the first…

Daily News Egypt

Communications Ministry signs MoUs with 30 companies to build digital skills for youth

The Ministry of Communications and Information Technology and 30 international and local companies in the field of communications and information technology have signed several memoranda of understanding.  The MoUs are…

Shaimaa Raafat

ABE to finance goldsmithing workshops in partnership with Ministry of Supply

Bank will fund workshops that meet specified conditions with initial amount of EGP 1m: Farouk

Hossam Mounir

CBE supports banking services, products for customers with disabilities

Number of branches equipped for customers with disabilities doubles during 2023 

Daily News Egypt

Raya Holding to launch IPO for its IT subsidiary in 1H 2024

Hossam Hussein, CFO of Raya Holding for Financial Investments, said the company plans to offer 30-35% of its subsidiary, Raya Information Technology, in an initial public offering (IPO) in the…

Mohamed Alaa El-Din

Gulf Countries top global rankings for residential property investment in 2024

The inaugural "Housearch Investment Index" has propelled Gulf nations to the forefront of global residential property investment for 2024. This trend is fueled by the region's robust stability and reliability,…

Daily News Egypt

SCZONE, MSMEDA sign protocol to support SMEs

The Suez Canal Economic Zone (SCZONE) and the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) have signed a cooperation protocol to develop and strengthen small and medium-sized enterprises (SMEs)…

Daily News Egypt

Lebanon’s challenges demand political elite to act responsibly: Shoukry

Minister of Foreign Affairs Sameh Shoukry received a phone call from Jean-Yves Le Drian, the French president’s envoy to Lebanon, on Monday. Ahmed Abu Zeid, the spokesperson for the Ministry…

Sami Hegazi