Akam Al Rajhi Developments engages ACE Moharram Bakhoum, SITES International, and MHDH for D.O.S.E project – Dailynewsegypt
Akam Alrajhi Developments recently finalised three significant partnership agreements with major stakeholders in the Egyptian market, marking substantial progress toward their ambitious project, D.O.S.E on the North Coast. The company solidified partnerships with leading consultancies ACE Moharram Bakhoum and SITES
Egyptian Competition Authority launches Ex-ante merger control regime on June 1 – Dailynewsegypt
New Egyptian merger control regime aims to attract foreign investment, enhance competition, says ECA Chairperson Momtaz
CBE anticipates substantial inflation decline in H1 2025 – Dailynewsegypt
Expected decline is result of restrictive monetary policy, unification of foreign exchange, and positive effect of base period
Banking sector plays crucial role in supporting green economy: NBE chairperson – Dailynewsegypt
Bank’s contributions to social responsibility exceeded EGP 5.5bn: CBE
US Ambassador celebrates strong bonds between America, Egypt at Independence Day event – Dailynewsegypt
Egypt's contributions to regional security, stability are extraordinary: US Ambassador
Sushi Night event observes Japanese culinary tradition – Dailynewsegypt
To introduce the allure and delight of sushi to a broader audience, the Japanese Embassy in Cairo hosted a special “Sushi Night” event at the Ambassador’s residence on 23 May. The evening commenced with a presentation by Ayumi Hashimoto, Director
Egypt to host 3rd Africa Health ExCon from 3-6 June – Dailynewsegypt
The Egyptian Authority for Unified Procurement (UPA), Medical Supply and Technology Management announced the third edition of Africa Health ExCon, the continent’s largest annual healthcare event. Held under the patronage of President Abdel Fattah Al Sisi, the event will take place at the Al Manara International Conference Center
Philip Morris International acquires 14.7% stake in Egypt’s largest cigarette maker Eastern Company – Dailynewsegypt
Philip Morris International (PMI) has acquired a 14.7% minority stake in Eastern Company (EAST.CA), Egypt’s largest cigarette manufacturer. The companies announced on Thursday that they will explore potential collaborations in technology, manufacturing, and innovation, with a focus on heated tobacco
EFG Holding revenue surges 92% to EGP 8.6bn in Q1 2024, unveils share buyback program – Dailynewsegypt
EFG Holding, a prominent financial institution with a strong presence in Egypt and the MENA region, reported a 92% year-on-year revenue increase in Q1 2024, reaching EGP 8.6bn. This surge was primarily attributed to exceptional performance across various business lines
Telecom Egypt secures $200m loan from Banque Misr, UAE for refinancing – Dailynewsegypt
Telecom Egypt, Egypt’s leading telecom operator, today announced a $200m medium-term loan agreement with Banque Misr, UAE. The loan will be used to refinance existing short-term facilities, supporting Telecom Egypt’s ongoing strategy to reduce borrowing costs and enhance financial