CBE hosts Financial Stability Board’s RCG MENA Meeting in Sharm El-Sheikh
The Central Bank of Egypt (CBE), co-chair of the Regional Consultative Group for the Middle East and North Africa (RCG MENA), hosted the Financial Stability Board’s (FSB) RCG MENA Meeting in Sharm El-Sheikh on January 29-30, 2025. The event was
Talaat seeks to boost French investment in Egypt’s ICT sector
Amr Talaat, Egypt’s Minister of Communications and Information Technology, recently met with Éric Chevallier, the French Ambassador to Cairo, to explore ways of attracting greater French investment into Egypt’s growing ICT sector and strengthening bilateral ties, particularly in artificial intelligence
MDP expands into Libyan market with successful migration for North African Bank
MDP, a leading provider of payment solutions including EMV card production, issuing and acquiring processing, and digital services, has officially entered the Libyan market with the successful migration of North African Bank’s card processing system. This achievement positions MDP to
Unionaire launches largest home appliances factory with EGP 6bn investment
Unionaire Group, a leading home appliances manufacturer, has unveiled plans to launch a state-of-the-art factory with an investment of approximately EGP 6bn, marking a significant expansion in Egypt’s manufacturing sector. The company is positioning the new facility to become the
Beltone Capital, CRIF forge joint venture to offer comprehensive rating solutions
Beltone Holding announced on Monday that its fully-owned subsidiary, Beltone Capital, has entered into a joint venture agreement with CRIF, a global leader in credit bureau services, business information systems, analytics, outsourcing, and digital solutions. This partnership aims to launch
International Workplace Group expands in Cairo amid rising demand for hybrid working
International Workplace Group (IWG), the world’s largest provider of hybrid working solutions, has announced the opening of a new flexible workspace in Cairo. This new location, marking IWG’s 17th in Egypt, comes at a time when demand for hybrid working
Vantage launches M Signature with EGP 1.5bn investment in New Cairo
Vantage Urban Developments, a prominent Egyptian real estate company, has announced the launch of its second project, M Signature, in New Cairo, with a total investment of EGP 1.5bn. Mohamed Abdel Gawad, Chairperson of Vantage Urban Developments, emphasized that the
EFG Hermes concludes advisory on EGP 450m issuance for EFG Corp-Solutions
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 successfully concluded advisory on the second issuance valued at EGP 450m, with a tenor
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,
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,