AAIB announces robust 2024 results, net profits hits $301m
A $301m net profit for 2024 has been announced by the Arab African International Bank (AAIB), driven by its shift towards a liabilities-driven market approach. Tamer Waheed, Vice Chairperson and Managing Director, said: “Our shift, towards a liabilities driven market
AAIB announces robust 2024 results, net profits hits $301m
A $301m net profit for 2024 has been announced by the Arab African International Bank (AAIB), driven by its shift towards a liabilities-driven market approach. Tamer Waheed, Vice Chairperson and Managing Director, said: “Our shift, towards a liabilities driven market
China’s Biggest Battery Maker May Buy Nio’s Battery Swapping Network
Battery swapping was once a niche idea. But now that Nio has proven it works, bigger companies want in.
Alameda partners with Philips to advance healthcare delivery in Egypt
Alameda Healthcare Group, one of Egypt’s leading private healthcare providers, has signed a Memorandum of Understanding (MoU) with global health technology leader Philips to advance healthcare delivery and improve patient care across the country. Under the agreement, both parties will
Egypt, Jordan, and France call for immediate ceasefire, int’l support for Gaza reconstruction
The leaders of Egypt, Jordan, and France held a joint phone call with US President Donald Trump on Monday to discuss securing an immediate ceasefire in Gaza, as stated by the Egyptian presidency. The call took place after a trilateral
France & Germany’s Economic Councils Endorse Electric Trucks Over Hydrogen
The best news in freight decarbonization this year didn’t come from a truck manufacturer, a startup accelerator, or a press release festooned with EU flags. It came from a bunch of European economists. That’s right—after years of letting hydrogen hype
France commits €4bn in financing to support Egypt’s public, private sectors
Egypt’s Ministry of Planning, Economic Development, and International Cooperation announced that the French government has extended approximately €4bn in financing to support Egypt’s public and private sectors. The package includes €3.5bn allocated to public sector projects, $500m to boost private
Egypt, France elevate bilateral relations to strategic partnership
Egyptian President Abdel Fattah Al-Sisi received French President Emmanuel Macron at Cairo’s Ittihadiya Palace on Monday, where the two leaders formally announced the elevation of Egyptian-French relations to the level of a strategic partnership. The announcement followed high-level bilateral talks
Egypt explores Jordanian digital solution to enhance waste management system
Egypt’s Minister of Environment, Yasmine Fouad, met with representatives from Jordan’s Tajanus Group for Ownership and Commercial Projects to review a smart digital solution for waste collection and management developed by the company. The meeting, held at the Ministry’s headquarters
What EV sales slump? Illinois’ EV sales outpace the nation by 4:1
Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down.
more…