Egypt’s Ministry of Finance has announced a new initiative worth EGP 50 billion. The initiative aims to encourage the construction of more hotel rooms, catering to the growing number of …
Investment
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Velents AI, a leading AI-powered SaaS platform, has successfully closed a new investment round with Women Collective. The undisclosed funding will fuel the company’s mission to eliminate hiring bias and …
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Egypt’s Ministry of Industry and Transport is establishing the Egypt Digital Industrial Platform and preparing an industrial map to simplify processes and procedures for investors. The deputy prime minister for …
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Economy
Banque Misr Unveils Third Edition of Teqdar Accelerator Program For Empowering Egyptian Startups
Banque Misr, a leading Egyptian bank, has announced the launch of the third edition of its Teqdar (You Can) program. This growth accelerator initiative is designed to support and propel …
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Banque du Caire, a leading Egyptian bank, has received approval from the Central Bank of Egypt (CBE) to increase its issued and paid-up capital by EGP 9 billion, bringing it …
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On Monday, October 23, the Egyptian cabinet announced that the General Authority for Investment and Free Zones (GAFI) of Egypt and Qatar National Bank (QNB) had inked a memorandum of …
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Minister of State for Immigration and Egyptian Expatriates’ Affairs, Soha El Gendi attended a conference meeting that was held in Dubai to explore new ways to motivate Egyptians living abroad …
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