Alameda Healthcare signs strategic partnership with COMEN to enhance medical services in Egypt
Alameda Healthcare Group, a leading healthcare provider in Egypt, has signed a Memorandum of Understanding (MOU) with Shenzhen COMEN Medical Instruments Co., Ltd (COMEN), a China-based manufacturer of advanced medical equipment. The agreement aims to integrate cutting-edge medical technologies into
Israeli assault on Gaza escalates amid ceasefire efforts
The Israeli military has escalated its operations in the Gaza Strip, expanding ground incursions and intensifying airstrikes across both northern and southern areas, including an attack on Nasser Hospital in Khan Younis, local sources reported. The Gaza Ministry of Health
IFC to advise Egypt on private sector participation in airports
The Egyptian government has signed an advisory services agreement with the International Finance Corporation (IFC), the World Bank’s private sector arm, to expand private sector participation in the country’s airport sector. The signing ceremony was held on Monday at the
WE and CIB partner to offer advanced digital financial services in Egypt
WE, the retail brand of Telecom Egypt and country’s leading telecommunications and information technology service provider, has announced a strategic partnership with the Commercial International Bank (CIB), the country’s largest private sector bank. The collaboration aims to deliver an innovative
NileSat profits surge 31.83% to $57.7m in 2024
NileSat, the Egyptian satellite company, has reported a significant increase in profits for 2024, with net earnings reaching $57.7m, a 31.83% increase compared to the $43.8m profit recorded in the previous year. The announcement was made during NileSat’s General Assembly,
Egyptian Foreign Minister, Weitkoff discuss Gaza, bilateral ties
Egyptian Foreign Minister Badr Abdelatty held a phone call on Monday with US Special Envoy for the Middle East, Steve Weitkoff, to discuss bilateral relations and developments in Gaza. The call was part of regular consultations between the two officials,
Egypt launches new strategy to eliminate tuberculosis by 2030
Egypt’s Ministry of Health and Population has unveiled a comprehensive new strategy to eliminate tuberculosis (TB) by 2030, aligning with both the Sustainable Development Goals and Egypt’s Vision 2030. The announcement marks preparations for World TB Day 2025, which will
Egypt’s President Al-Sisi receives credentials from 23 new ambassadors
Egypt’s President Abdel Fattah Al-Sisi received the credentials of 23 new ambassadors to Egypt on Monday, according to the Egyptian Presidendcy spokesperson Ambassador Mohamed El-Shennawy. The new ambassadors are: Aisett Caridad Roman Maldonado, Ambassador of the Dominican Republic Fredrick Otieno
Microfinance companies inject EGP 80.4bn into MSMEs in January 2025: FRA
The Financial Regulatory Authority (FRA) has reported that licenced microfinance companies and associations provided a total of EGP 80.409bn in funding to micro, small, and medium enterprises (MSMEs) in January 2025. This represents a significant increase compared to EGP 58.881bn
Egypt’s microfinance sector approaches EGP 100bn in 2024: MSMEF
Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and Micro Projects (MSMEF), announced that Egypt’s microfinance sector has seen significant growth in 2024, with total financing balances nearing EGP 100bn by the end of the year. This