AliExpress expands local currency payment options for shoppers in Egypt, across Africa
AliExpress, the global online retail marketplace, has announced a major expansion in its payment options for shoppers across Africa, including Egypt, South Africa, Algeria, Ethiopia, Morocco, and Tanzania. This initiative, launched in March, aims to provide a more seamless and
Bank of Tanzania delegation visits CBE to gain insights into Egypt’s pioneering cybersecurity model
As part of Egypt’s commitment to strengthening cooperation with African nations, the Central Bank of Egypt (CBE) hosted a technical delegation from the Bank of Tanzania (BoT) specializing in cybersecurity. The visit focused on Egypt’s pioneering cybersecurity experience in the
Egyptian FM, EU Envoy discuss Horn of Africa security
Egyptian Foreign Minister Badr Abdelatty met with Annette Weber, the European Union’s Special Envoy for the Horn of Africa, on Tuesday, to discuss strategies for bolstering security and stability in the region. The meeting highlighted the importance of continued consultation
ECA hosts EU delegation to discuss national competition strategy
The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors. The delegation, headed by Annika Eriksgaard, Head of the Directorate-General
Communications Minister engages global tech leaders to boost investment in Egypt’s outsourcing sector
Amr Talaat, Egypt’s Minister of Communications and Information Technology, continued high-level discussions with global tech companies at the Mobile World Congress (MWC) in Barcelona, aiming to attract new investments in Egypt’s outsourcing sector. His meetings also explored expanding cooperation in
German investors eye Egypt as key market, multiple trade delegations expected in 2025
German investors are showing a strong interest in Egypt’s economic potential, recognizing the country’s strategic opportunities and ongoing market reforms, according to Maren Diale-Schellschmidt, CEO of the German-Arab Chamber of Industry and Commerce (AHK Egypt). She emphasized that Egypt’s economic
Daikin expands presence in Egypt with new headquarters
Daikin, a global leader in high-quality air conditioning, heating, ventilation, and refrigeration (HVAC-R) solutions for residential, commercial, and industrial applications, has officially inaugurated its new headquarters in New Cairo City, Egypt. Strategically located in Marakez District 5, the upgraded facility
CBE hosts Bank of Tanzania delegation to strengthen African financial cooperation
As part of Egypt’s commitment to deepening ties with African nations, the Central Bank of Egypt (CBE) has welcomed a high-level delegation from the Bank of Tanzania (BOT), led by its Deputy Governor. The visit aligns with the joint cooperation
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