Corporate, institutional financing for MSMEs jumps to EGP 71.3bn in September 2024
Corporate and institutional financing for Micro, Small, and Medium Enterprises (MSMEs) totaled EGP 71.321bn for 3.759 million customers in September 2024, up from EGP 49.653bn for 3.824 million customers in September 2023. The Financial Regulatory Authority (FRA) reported that the
Guest Opinion: False narratives about Xinjiang won’t halt its development
Xinjiang has come a long way, from a region hit by extremism to a thriving hub of development. The government’s focus on unity and opportunity has dramatically changed the region. When China’s Xinjiang Uygur Autonomous Region was subjected to
Guest Opinion: Uncovering facts about Xinjiang as a BRI hub
China’s Xinjiang Uygur Autonomous Region connects China with Central Asia. Due to its location as China’s western gateway for trade with Central Asia and Europe, the government has made great efforts to develop Xinjiang into a hub of the Belt
Egypt, Qatar PMs pledge enhanced cooperation
Prime Ministers Mostafa Madbouly of Egypt and Mohammed bin Abdulrahman bin Jassim Al Thani of Qatar co-chaired a meeting to discuss strengthening bilateral cooperation across various sectors. The meeting, held at the Council of Ministers headquarters in Egypt’s New Administrative
MSMEDA partners with New Valley to localize silk production in Egypt
Basil Rahmy, CEO of Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA), met with Mohamed El-Zamalout, Governor of New Valley, to discuss collaborative efforts aimed at expanding developmental activities in the region, particularly in agricultural production, and fostering the
Social Solidarity Ministry, NACDW partner to provide microloans, economic empowerment services
The Egyptian Ministry of Social Solidarity and the National Alliance for Civil Development Work (NACDW) have joined forces to provide microloans and economic empowerment services to women and youth in six governorates participating in the government’s “Decent Life” initiative. The
Takeda, Egypt Healthcare Authority gear towards establishing IPU for cancer care
During the 5th Annual Egypt Healthcare Authority Forum, held in the New Administrative Capital, Takeda Egypt, in collaboration with the Egypt Healthcare Authority, announced key developments toward establishing an Integrated Practice Unit (IPU) for oncology care in Egypt. This announcement
GFH unveils OUTLIVE for health, well-being at Cityscape
GFH Financial Group (GFH) unveiled, on Wednesday, OUTLIVE at Cityscape, a new real estate venture focused on developing master-planned communities and mixed-use projects centered around health and well-being. Operating across the MENA region and Europe, OUTLIVE combines GFH Group’s expertise
Omar Talaat Moustafa elected Egyptian Golf Federation President by acclamation
Omar Talat Moustafa was elected president of the Egyptian Golf Federation by acclamation, the federation announced. His election, along with the entire board of directors, occurred at the federation’s general assembly meeting. The new board’s term runs from 2024 to
The Battle Against Tax Evasion: A UN Tax Convention Can Ensure Everyone Pays Their Fair Share
This month, the world could see a radical shift in the international political landscape, following an unprecedented declaration by the G20 leaders in Rio de Janeiro in favour of taxing the super-rich. A new United Nations convention on tax cooperation