Egypt’s Ministry of Finance to issue EGP 540.25bn worth of T-bills, bonds in February – Dailynewsegypt
The Ministry of Finance plans to launch 25 auctions for treasury bills (T-bills) and bonds worth EGP 540.25bn in February. This consists of 16 auctions for bills totalling EGP 528bn and 9 auctions for bonds worth EGP 12.25bn. These funds
US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29% – CleanTechnica
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The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. In the 4th quarter of
Mabany Edris to invest EGP 2bn in 2024 – Dailynewsegypt
Mabany Edris for real estate investment is getting ready to launch the second phase of Central Avenue in Sheikh Zayed City, with a total investment of EGP 600m. The second phase of Central Avenue consists of 63 units, including medical
SAK invests EGP 2bn in Egypt’s real estate market – Dailynewsegypt
Company explores new investment opportunities in east, west Cairo, says chairperson
Apple loses veteran hardware engineering executive to Rivian – 9to5Mac
Apple veteran DJ Novotney is departing the company for a new role at Rivian, according to a report from Bloomberg. Novotney, a vice president of hardware engineering, has spent almost 25 years at
Standard Chartered Bank opens doors in Egypt, eyes trade, investment boost – Dailynewsegypt
Standard Chartered Bank (StanChart) officially commenced operations in Egypt on Tuesday, marking a strategic move to support the country’s economic development ambitions. Receiving the final green light from the Central Bank of Egypt (CBE), StanChart brings its global expertise and
Cairo’s hospitality sector sees occupancy rates rise to 70% in November 2023 – Dailynewsegypt
Egypt’s tourism numbers, soaring at about 8 times the global tourism rate of 4.5%, have been crucial in boosting overall growth, according to JLL’s “A Year in Review” report of the North African country’s real estate market. From January to
A Route To Immediate & Impactful Decarbonization With Short-Term PPAs – CleanTechnica
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Last year, Zeigo Power wrote about how a short-term PPA (<5 years) can enhance a corporate buyer’s
Robust raises $3m to expand its AI-powered delivery logistics solutions – Dailynewsegypt
Robust, an emerging technology company that specializes in logistics with artificial intelligence (AI), has secured a $3m funding round led by Silicon Badia, with participation from Reimagined Ventures, Flat6Labs, and Saudi angel investors. The company will use the new funds
Egypt’s engineering exports reach $4.2bn in 2023 – Dailynewsegypt
Engineering Export Council of Egypt announces 10.5% increase in sector’s exports