Egyptian FM meets with Russian, Brazilian counterparts on BRICS Summit Margins
Egyptian Foreign Minister and Minister Badr Abdelatty, met with his Russian and Brazilian counterparts on the sidelines of the BRICS summit in Kazan, Russia, on Wednesday. During a meeting with Russian Foreign Minister Sergey Lavrov, Abdelatty discussed a range of
Orascom Development Keys of Life: New notions of home transforming future communities
Orascom Development, a leading international developer of vibrant, integrated communities across Europe, the Middle East, and North Africa, has launched the next chapter of its Orascom Development Keys of Life 2024 initiative with a new report titled Developing the Future.
Investment fund demand fuels gold price surge: Gold Bullion
Global gold price is trading on Tuesday, near the historical level it recorded on Monday, as demand for the precious metal continues to increase amid ongoing uncertainty with the upcoming US elections. Additionally, there is significant demand for gold investment
Egypt, UK strengthen ties, discuss investment, climate action
Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, welcomed Hamish Falconer, Parliamentary Under-Secretary of State (Middle East, North Africa, Afghanistan and Pakistan) at the Foreign, Commonwealth and Development Office of the United Kingdom, on his first visit to Egypt.
Egypt’s President calls for De-escalation in Middle East during meeting with Iran Foreign Minister
Egyptian President Abdel Fattah Al-Sisi met with Iran Foreign Minister Abbas Araghchi on Thursday, urging de-escalation in the Middle East and calling for an end to violence in Gaza, Lebanon, and the West Bank. Iran’s top diplomat, Araghchi, arrived
Advansys delivers 1st phase of UTEC Offshore Delivery Center in Egypt
The Cairo-based Offshore Delivery Center (ODC) marks a key milestone between Advansys and UTEC and represents a pivotal step toward transforming the regional offshore services landscape. Advansys, a dynamic provider of global sustainable solutions, has completed the initial phase of
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,
EMEA integrated utilities maintain stable ratings despite rising capex: Fitch Ratings
Most integrated utility companies in emerging markets (EM) in the Europe, Middle East, and Africa (EMEA) region have stable credit ratings despite Fitch Ratings’ expectation of increased capital expenditure (capex) in the coming years. In a press statement Fitch said
Egypt’s Foreign Minister, Iranian counterpart discuss regional tensions
Egypt’s Foreign Minister, Badr Abdelatty, held a phone call on Monday with his Iranian counterpart, Abbas Araghchi, to discuss the escalating tensions in the Middle East, particularly in Lebanon and the Gaza Strip. In a statement released by the Spokesperson