CIB successfully closes EGP 7bn Sukuk issuance for “Tasaheel”
The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign Sukuk issuance for “Tasaheel” for Finance, through Alkan Securities. It is the first non-sovereign issuance of its kind. The issuance is the largest of its kind in Africa
Al-Sisi, Hichilema discuss strengthening bilateral relations, addressing regional challenges
Egypt’s President Abdel Fattah Al-Sisi emphasized Egypt’s commitment to sharing its development expertise and providing comprehensive support to Zambia to bolster the capabilities of its workforce in key sectors. This effort will also focus on improving the efficiency of Zambian
Ethiopia at a Crossroads: Amhara Conflict Threatens National Unity, Warns African Narratives Study
A new study by African Narratives, a Pan-African non-profit research organisation, paints a concerning picture of Ethiopia under the leadership of Prime Minister Abiy Ahmed, arguing that his policies have significantly impacted the nation’s security, stability, unity, and overall political,
Egyptian Drug Authority, Sandoz discuss oncology drug localisation
The Chairperson of the Egyptian Drug Authority (EDA), Ali Ghamrawy, has met with a high-level delegation from Sandoz, a global pharmaceutical company, to discuss strengthening cooperation and localising the production of oncology drugs in Egypt. The Sandoz delegation was headed
Egypt inks deal for first local ultrasound device factory
Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, oversaw the signing of a cooperation protocol to establish Egypt’s first ultrasound device manufacturing facility. The initiative is a partnership between Tatweer Medical Industries and leading Chinese medical
Scientists identify ancient predator ‘Bastetodon’ in Egypt
A rare fossil uncovered in Egypt’s Fayum Desert has led to the identification of a new species of a 30-million-year-old apex predator, named Bastetodon. Published in the Journal of Vertebrate Paleontology, the discovery provides fresh insights into the evolution of
CIB outlines a 13-goal strategy for the next 50 Years
After fifty years in the Egyptian market, the Commercial International Bank (CIB) is aiming to solidify its position as a leading banking institution both in Egypt and the broader region with a comprehensive strategy built on innovation, sustainability, and a
Egyptian Prime Minister attends African Union Summit, reaffirms support for APRM
Prime Minister Mostafa Medbouly represented Egypt at the opening session of the 38th Ordinary Session of the African Union (AU) Summit, held in Addis Ababa, Ethiopia on February 15th and 16th. The Prime Minister attended on behalf of President Abdel
Deputy PM, GAVI CEO discuss strengthening health sector cooperation
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met on Wednesday with Sania Nishtar, CEO of the Global Alliance for Vaccines and Immunization (GAVI), along with Richard Mihigo, Director of Programmatic and Strategic Engagement at
Egypt-Tanzania Business Forum kicks off to strengthen bilateral trade ties
Egypt’s ambassador to Tanzania, Sherif Ismail, inaugurated the Egypt-Tanzania Business Forum, marking the start of an Egyptian trade mission to Tanzania. The event was organized by the Egyptian Export Council for Chemical Industries and Fertilizers in collaboration with the Export