UAE’s investment company ADQ signed a multi-year sponsorship agreement with Egyptian club Pyramids FC, according to a statement on Thursday. As part of the agreement, ADQ will support Pyramids FC’s …
Economy
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Kredit, a subsidiary of GB Capital, has been established in Egypt to provide financial support to small and medium-sized enterprises (SMEs) with an initial capital of EGP 35 million, which …
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Yesterday, Egyptian Prime Minister Moustafa Madbouli witnessed the inking of a final contract to develop the superstructure, operate and maintain a multi-purpose plant at Safaga Port. The contract calls for …
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EconomyHighlights
Challenge Fund for Youth Employment, Cash for Microfinance Launch Underprivileged Entrepreneurs Reach Project
Beltone Financial Holding (“Beltone”), one of the fastest-growing financial institutions, announces that Cash for Microfinance (“Cash” or “the Company”), a wholly owned subsidiary of Beltone has signed an agreement with …
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EconomyHighlights
El-Kabbaj, European Union, and UNDP Egypt launch Wa’ai Observatory for Community Development
The Egyptian Ministry of Social Solidarity (MOSS), in collaboration with the European Union (EU) and UNDP Egypt, under the joint project “Strengthening the Institutional Capacities and Human Resources of the …
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EconomyHighlightsWomen’s Achievements
Egypt’s New Draft Labor Law Presents Many Privileges for Women
Egyptian women obtained many gains and job guarantees from the new draft labor law submitted by the government to the House of Representatives, within the Egyptian state’s efforts to empower …
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Giift, a global leader in loyalty and rewards technology, and Geidea, a prominent international financial technology company, announced a strategic partnership to offer an integrated digital solution to merchants in …
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The Greek Campus in Cairo witnessed with remarkable success and tremendous attendance, the launch of Jobzella’s Seventh Annual Career Fair in the presence of more than 3000 job seekers, as …
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EconomyHighlights
CBE Gives Banks 6 Months Deadline to Update Controls on Money Laundering & Terrorism Financing
In a circular released on Sunday, the Central Bank of Egypt (CBE) instructed banks to modify their stances on the updated supervisory controls to counter money laundering and terrorist financing …
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Tanmeyah, a subsidiary of EFG Holding and Egypt’s leading provider of financial services, has been honored with a distinguished award by the Egyptian Federation for Micro, Small, and Medium Enterprises …