Exclusive: Saudi Crown Prince to arrive in Egypt within hours, announce major investments
Saudi Crown Prince Mohammed bin Salman is expected to arrive in Cairo, Egypt within hours, where he will announce several major investments and projects, sources close to the matter have told Daily News Egypt. The visit comes as part of
CBE authorizes banks to open financial inclusion accounts
The Central Bank of Egypt (CBE) has granted banks permission to open financial inclusion accounts in foreign currencies for individuals and micro-enterprises classified as low-risk clients under categories A and B, as per the November 2023 circular. Banks are also
First electric truck to do lap around Australia completes journey after heatwaves and headwinds
After overcoming heatwaves, headwinds and dodgy EV chargers, the first electric truck to do a lap of Australia has completed its journey - at half the fuel cost
EFG Hermes concludes advisory on EGP 450m issuance for EFG Corp-Solutions
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced Monday that its investment banking division successfully concluded advisory on the second issuance valued at EGP 450m, with a tenor
EFG Hermes successfully completes sale of Helmerich & Payne’s $197m stake in ADNOC Drilling
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA) announced Monday that its investment banking division has successfully completed an accelerated book build (ABB) on behalf of Helmerich & Payne,
DOE releases draft roadmap to improve EV charger, solar and distributed energy resources interconnections
The US Department of Energy’s (DOE) Interconnection Innovation e-Xchange (i2X) program has released a draft roadmap to improve processes for interconnecting clean energy resources to the distribution and
Banque du Caire grants Kredit EGP 100m to support SMEs
Kredit, a subsidiary of GB Capital, announced on Sunday that it secured EGP 100m in funding from Banque du Caire. This funding aligns with the company’s commitment to supporting the growth of small and medium-sized enterprises (SMEs), which play a
Egypt’s ICT Minister visits Dell Technologies in US
Amr Talaat, Egypt’s Minister of Communications and Information Technology, visited the Dell Technologies Center of Excellence, a global technology leader, accompanied by Ahmed Elzaher, CEO of the Information Technology Industry Development Agency (ITIDA). The centre is one of Dell Technologies’
Lucid Air Pure Lease Rate Drops To $549 Per Month
The Pure is the most efficient version of the Air, too.
Al-Sisi emphasises water security is Egypt’s top priority amid Nile River concerns
President Abdel Fattah Al-Sisi emphasised on Sunday that water is Egypt’s top priority, highlighting the Nile River’s critical role in the life and survival of the Egyptian people, as it provides over 98% of the country’s water supply. Al-Sisi