Economy

According to sources close to the deal, the Ministry of Finance plans to sell its 20% stake in ALEXBANK to Intesa Sanpaolo Group, which currently owns about 80% of the …

According to statements by the Royal Swedish Academy of Sciences in Stockholm earlier today, Claudia Goldin was awarded the prestigious Nobel Prize in Economics for her research on women’s labor …

Valu has just announced the company’s latest partnership agreement with Beymen to revolutionize the luxurious retail experience. This partnership demonstrates Valu’s unwavering commitment to empowering its clients by forging collaborations …

Minister of International Cooperation Rania al-Mashat attended the signing of seven grant agreements at $34 M last week. The Italian government funded the agreements to support development in various areas …

As part of its continuous efforts to support and empower women in society, and on the occasion of Breast Cancer Awareness Month, Gulf Bank announced the launch of exclusive offers …

Injaz Egypt, in partnership with ExxonMobil Egypt and Orascom Construction, celebrated the graduation of 43 young talents who had completed the sixth edition of “San3ety”. This initiative is dedicated to …

The African Development Bank Group has appointed Ms Malinne Blomberg, a Swedish national, as Country Manager for Tunisia in addition to her current roles as Deputy Director General for North …

The Central Bank of Egypt (CBE) reported that the domestic liquidity in the Egyptian banking sector grew by 14.4% in the first eight months of 2023, reaching EGP 8.468trn by …

The Silicon Valley factory and Infinix brand production line opened in the Suez Canal Economic Zone (SCZONE) in Sokhna. This is the first factory in Egypt, the Middle East, and …

In a recent interview with Ashraq Business, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), revealed that Egypt plans to introduce silver licenses for startups …