Compass Capital, CI Capital launch EGP 3bn equity fund
Compass Capital, a leading Egyptian private equity firm, in partnership with CI Capital, a top-tier Egyptian investment bank, has announced the inception of the C3 Fund. This closed-end equity fund…
Egypt Builds Stockpile of Essentials to Curb Price Fluctuations
In a move to bolster market stability and shield consumers from price swings, the Egyptian government announced plans to build a strategic stockpile of essential goods. The decision came during…
Israeli forces commit atrocities against civilians in Al-Shifa Hospital vicinity
The Israeli occupation army continues its incursion into Al-Shifa Hospital and the surrounding area for the seventh day, coinciding with air strikes on various areas in the Gaza Strip as…
Al-Sisi, UN Secretary-General emphasise two-state solution, aid for Gaza
President Abdel Fattah Al-Sisi convened with UN Secretary-General António Guterres to deliberate on various regional and international matters, with a focus on the situation in Gaza. The assembly included Egypt’s…
Hassan Allam Properties Expands Footprint at Mostakbal City with New Land Acquisition sizing 279 Feddan
This latest project will mark HAP’s third undertaking in Mostakbal City, which is quickly emerging as one of Egypt’s premier real estate destinations.
Spinneys continues to expand across Egypt with new opening in October City
Spinneys continues to expand its store footprint across Egypt with its latest opening of a new store in west Cairo. The new store, which opened on March 24, is located…
CBE unveils key banking soundness metrics for 2023
Banks’ net profits hit EGP 283.388bn, with top 10 banks comprising 74.92% of this figure
Have new legislative measures truly empowered women economically?
Legal affairs in companies show clear gap in women’s representation: Tahoun
Mobile financial services poised for surge in users and revenue, says new report
A new report by Ericsson, in collaboration with Juniper Research, predicts significant growth in the mobile financial services (MFS) market. Titled "What Will Drive Mobile Financial Services' Growth?", the report…
New Android malware variants pose diverse threats, Kaspersky warns
Kaspersky researchers have identified three dangerous new malware variants targeting Android devices: Tambir, Dwphon, and Gigabud. These malicious programs exhibit a range of functionalities, from stealing credentials to bypassing two-factor…