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MSMEDA provides EGP 13.5bn funding to micro-enterprises in six years
The Egyptian Micro, Small and Medium Enterprise Development Agency (MSMEDA) injected 13.5 billion Egyptian pounds in funding to micro-enterprises from July 2014 until the end of December 2020, the…
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Orascom Construction to build Magdi Yacoub Global Heart Centre
Orascom Construction has been chosen by the Magdi Yacoub Heart Foundation to construct the Magdi Yacoub Global Heart Centre in Egypt’s 6th of October City.
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COVID-19 crisis doubled mobile, internet banking users at Bank Audi – Egypt: CEO
The novel coronavirus (COVID-19) pandemic has doubled the number of Bank Audi – Egypt’s mobile and internet service users, according to the bank’s CEO and Managing Director Mohamed Bedir.
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Egypt reviews industrial, commercial laws to improve business environment: Gamea
Egypt’s Ministry of Trade and Industry is currently coordinating with the state’s industrial community to encourage them to manufacture raw materials and production requirements locally, Nevin Gamea…
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Aswan Forum II: Egypt asserts importance of joint African action in achieving peace, development
Foreign Minister Sameh Shoukry stressed Egypt's belief in the importance of joint African action and diligent work to achieve peace and development in the continent.
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Aswan Forum urges evenhanded access to COVID-19 vaccines, proper healthcare in Africa
United Nations Secretary-General Antonio Guterres has pledged the organisation’s solidarity with Africa amid international efforts to expand the novel coronavirus (COVID-19) vaccination.
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African leaders laud Egyptian president’s efforts to achieve peace in Africa
African leaders have lauded President Abdel-Fattah El-Sisi's efforts to consolidate cooperation and solidarity among African countries and achieve peace and development across the continent.
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Africa’s LNG consumption set to join fast-growing sectors globally by 2040: Report
African natural gas consumption and production is set to become one the fastest-growing sectors globally by 2040, holding a promising future despite the ongoing challenges imposed by the COVID-19…
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NBK expects Egypt’s economy to improve on global economy recovery, vaccine sustainability
The National Bank of Kuwait (NBK) expected Egypt’s economy to improve further in the coming quarter upon hopes of sustainable progress in the vaccination campaign and a faster recovery in the global…
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Beltone Financial Holding’s loss widens 45% in 2020
Beltone Financial Holding incurred consolidated net losses of 132.42 million Egyptian pounds in 2020, up by 45 percent year-on-year (YoY) from 91.50 million pounds, excluding minority shareholders’…
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