Emerson has appointed Mathias Schinzel as the new president for its Middle East and Africa (MEA) region. He has been with the company for 26 years, most recently as vice …
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H.E. Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources, inaugurated the Forum with a keynote speech on Revitalizing Egypt’s Mining and Minerals Sector, welcoming H.E. Bandar Alkhorayef, the …
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On Monday, July 17, Egypt’s Ministry of Foreign Affairs and the United Nations celebrated the 75th Anniversary of the UN’s Peacekeeping Operations in a joint ceremony at the Tahrir Palace …
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EconomyHighlights
CI Capital Successfully Concludes EGP 15bln Securitized Bond Issuance for New Urban Communities Authority
CI Capital (CICH.CA), the leading diversified financial services group, announced today the successful conclusion of a c.EGP 15bn securitized bond issuance on behalf of Al Taamir Securitization, the originator of …
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The activities of the second phase of the “National Program for Women in Leadership” implemented by the National Council for Women in cooperation with the National Institute for Governance and …
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Highlights
Deputy Governor: CBE Targets Transforming Egypt into Regional Hub for Financial Inclusion
During Seamless North Africa 2023, yesterday, the Deputy Governor of the Central Bank of Egypt (CBE), Rami Aboulnaga, affirmed that the bank’s strategy aims to transform Egypt into a regional …
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Today, July 18, President Abdel Fattah El-Sisi and his spouse, Mrs. Entissar El-Sisi, greeted the Egyptian people and the Muslim nation worldwide on the new Hijri year. The president posted …
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In the first half of FY2022/2023 (July-December 2022), Egypt’s budget deficit increased to about EGP 367 billion (almost $12 billion), or around 4% of GDP, according to current sources. Due …
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Highlights
PM Madbouly Lauds Fruitful Cooperation Between Electricity Ministry, ACWA Power Saudi Company
Prime Minister Moustafa Madbouli hailed the fruitful cooperation between the Electricity and Renewable Energy Ministry and ACWA Power Saudi company in several spheres, especially a 10-gigawatt wind power project. The …
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Visa, the leading global payments technology company, is now accepting applications for start-ups to participate in the first cohort of the Visa Africa Fintech Accelerator program. The program is focused …