EFG Hermes successfully completes sale of Helmerich & Payne’s $197m stake in ADNOC Drilling
EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA) announced Monday that its investment banking division has successfully completed an accelerated book build (ABB) on behalf of Helmerich & Payne,
Banque du Caire grants Kredit EGP 100m to support SMEs
Kredit, a subsidiary of GB Capital, announced on Sunday that it secured EGP 100m in funding from Banque du Caire. This funding aligns with the company’s commitment to supporting the growth of small and medium-sized enterprises (SMEs), which play a
Egypt’s ICT Minister visits Dell Technologies in US
Amr Talaat, Egypt’s Minister of Communications and Information Technology, visited the Dell Technologies Center of Excellence, a global technology leader, accompanied by Ahmed Elzaher, CEO of the Information Technology Industry Development Agency (ITIDA). The centre is one of Dell Technologies’
WUF returns to Africa for first time since its inauguration 20 years ago
Anacláudia Rossbach, Executive Director of the UN-Habitat programme, announced the details of Egypt’s hosting of the 12th edition of the World Urban Forum (WUF12), at a press conference on Sunday at the government headquarters in the New Administrative Capital, in
Revolutionizing Fashion: El-Sherif discusses global expansion of Cairo Tex Expo
Mohamed El-Sherif, Chairperson of Pyramids International Group, is a visionary leader in the exhibitions and conferences industry. As the leader of Pyramids Group, one of the most prominent companies in the MENA region for organizing international exhibitions and trade fairs,
Egypt attends 2nd BRICS Finance Ministers and Central Bank Governors Meeting
As part of Egypt’s commitment to strengthening cooperation with global economic blocs, Hassan Abdalla, Governor of the Central Bank of Egypt, participated in the second BRICS Finance Ministers and Central Bank Governors meeting, chaired by Russia, held on 11 October,
BRICS Summit in Kazan to Host 24 Leaders, 32 Countries
KAZAN – The upcoming BRICS summit in Kazan, Russia, will host leaders from 24 countries and delegations from a total of 32 nations, according to Russian presidential aide Yury Ushakov. The event, which will take place from October 22-24, is
KOICA, PVTD Sign $10m deal to upgrade green automotive maintenance technology for VTCs in Egypt
The Korea International Cooperation Agency (KOICA), South Korea’s official development assistance agency, has signed a Record of Discussion (ROD) with the Productivity and Vocational Training Department (PVTD) and the Ministry of Planning, Economic Development, and International Cooperation to implement the
Social Solidarity Minister receives UNFPA representative to discuss joint projects
Minister of Social Solidarity Maya Morsy received the new Resident Representative of the United Nations Population Fund (UNFPA) Yves Sassenrath, during his first visit to the ministry after assuming his new role. The meeting focused on strengthening cooperation between the
Al-Sisi inaugurates Upper Egypt Railway Station, 20 other transport projects in Giza
Egyptian President Abdel Fattah Al-Sisi inaugurated, on Saturday, Upper Egypt Railway Station in Bashtil, Giza, along with several other transport projects including railways, metro, roads, and Nile bridges, as well as overpasses and bridges above level crossings. A total of