Telecom Egypt scores first 5G license in Egypt in $150m deal
Telecom Egypt has become the first operator in the country to secure a 5G license, according to a statement from the Egyptian cabinet on January 17th. The National Telecommunications Regulatory Authority (NTRA) granted the 15-year license for $150m, allowing Telecom
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Gold prices in Egypt reach record high of $110 per 21k gram: Gold Bullion
Gold prices in the Egyptian market have reached the highest level ever, despite the global price of an ounce falling, according to a report by Gold Bullion. This shows that local factors are more influential on the prices than the
Auto Mobility is the New Official Geely Importer in Egypt
Auto Mobility plans to invest USD100M in the Egyptian market to launch and develop its partnership with Geely.
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MIDAR, Mountain View open escrow account for ALIVA project in Mostakbal City
MIDAR for Investment and Urban Development and Mountain View have signed a contract with Arab African International Bank to open an escrow account for their joint project, ALIVA. The project is a part of the fourth phase of Mostakbal City,
Finance Minister discusses cooperation with NDB in clean energy, transportation, and environmental protection projects
Finance Minister Mohamed Maait met with Vladimir Kazbekov, Deputy President of the New Development Bank (NDB), and his accompanying delegation, to discuss potential areas of cooperation in projects related to clean energy, transportation, and social and environmental protection. Maait expressed
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Banque du Caire, TAKYIEM partner to market Urban Development Fund projects
Agreement leverages bank’s expertise in marketing, promoting, and financing real estate assets
UN peacekeeping chief urges Lebanon, Israel to de-escalate border tension
UN Under-Secretary-General for Peace Operations Jean-Pierre Lacroix on Saturday urged Lebanon and Israel to de-escalate their border tension. Lacroix made the call at the end of his four-day visit to Lebanon, according to a statement carried by Lebanon’s National