Health Ministry, National Training Academy sign cooperation protocol
In a significant move to enhance healthcare services, Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, and Rasha Ragheb, Executive Director of the National Academy for Training and Rehabilitation…
EGP 283.3bn net profits for banks in Egyptian market in 2023: CBE
Total financial position of banks records EGP 15.165trn
Opinion| Women Empowerment … Who’s the Winner?
Women's Inclusion and Empowerment Policies Are Not Just a Moral Imperative, but a Core Element for Business Growth and a Key Driver of Success. The narrative of women's empowerment has…
World Bank to provide over $6bn in support to Egypt over three years
The World Bank Group reaffirms its commitment to a long-standing strategic partnership with Egypt, endorsing the country’s efforts towards economic recovery and the pursuit of sustainable, inclusive growth. “In collaboration…
Hassan Allam Properties grows presence in Mostakbal City with 279-feddan expansion
Hassan Allam Properties (HAP), a leading real estate developer in Egypt, has acquired a new 279-feddan land plot in MIDAR’s Mostakbal City, marking a significant expansion in one of Egypt’s…
Al Ahly Sabbour unveils EGP 135bn Summer, At-East projects, signaling new era in Egyptian real estate
Al Ahly Sabbour has announced the launch of the “Summer” project in Ras Al Hekma and “At-East” in Mostakbal City, with a combined investment of EGP 135bn. In the first…
Al Qamzi Developments inks EGP 900m deal with Dar Al-Alamiah for Seazen project’s second phase
Al Qamzi Developments has forged a significant deal with Dar Alalamia Construction for the second phase of the esteemed Seazen project along the North Coast, valued at EGP 900m. This…
More Egyptian companies embrace technology amidst 2024 business outlook
34% of Egyptian companies are adopting friendshoring, similar number are dual-sourcing to mitigate increased risks
CIB, EFG depositary receipts continue to rise on London Stock Exchange
The depositary receipts of CIB and EFG Holdings sustained their upward trajectory on the London Stock Exchange, marking the second consecutive week of gains. CIB’s depositary receipt climbed by 19.8%,…
Shell invests $10-15bn in low-carbon energy solutions from 2023-2025
Shell has released its inaugural energy transition progress report following the introduction of its Powering Progress strategy in 2021. During our Capital Markets Day in June 2023, we highlighted how…