AviationFeaturedEgypt civil aviation’s funding portfolio stands at $225.7 mnInternational Finance Business DeskOctober 19, 2020October 19, 2020 by International Finance Business DeskOctober 19, 2020October 19, 2020 The Ministry of International Cooperation firmly believes that the aviation industry is partly responsible for the national development... Read more
CurrencyFeaturedBlockstream CEO expects bitcoin to hit $1 tn mark by 2022Pritam BordoloiOctober 6, 2020 by Pritam BordoloiOctober 6, 2020 For this to come true, the market will need to witness an increase of around 400% in the next two years... Read more
EnergyOil giants BP, Eni announce gas field discovery in EgyptPritam BordoloiSeptember 17, 2020 by Pritam BordoloiSeptember 17, 2020 The discovery has been made at the Nidoco NW-1 exploratory well... Read more
TelecomSTC says no agreement with Vodafone to acquire its unit in EgyptPritam BordoloiSeptember 14, 2020 by Pritam BordoloiSeptember 14, 2020 STC earlier signed a MoU to acquire a 55% stake in Vodafone Egypt... Read more
EnergyEgypt targets investments worth $3 bn in its electricity sector during 20/21Pritam BordoloiSeptember 7, 2020 by Pritam BordoloiSeptember 7, 2020 It will be around 6.1% of the country’s total investments... Read more
Banking and FinanceFeaturedEgypt signs $2 bn loan with regional and international banksInternational Finance Business DeskSeptember 1, 2020 by International Finance Business DeskSeptember 1, 2020 Emirates NBD Capital and First Abu Dhabi Bank are the joint coordinators and lead managers of the deal... Read more
EnergyRenewable energy accounts for 20% of Egypt’s electricity production: MinisterPritam BordoloiAugust 26, 2020 by Pritam BordoloiAugust 26, 2020 In the last five years, Egypt added over 28,000 MW of power production capacity... Read more
BankingEmirates NBD in talks to acquire Blom Bank EgyptPritam BordoloiAugust 13, 2020 by Pritam BordoloiAugust 13, 2020 Emirates NBD confirmed about preliminary talks between both parties through a bourse filing... Read more
InsuranceAllianz and CIB Egypt to provide insurance against online banking servicesPritam BordoloiAugust 10, 2020 by Pritam BordoloiAugust 10, 2020 The insurance will also cover damages to digital property, business interruption, and investment expenditures... Read more
FeaturedHealthcareEgypt launches its first virtual clinic application – DoctorOnlinePritam BordoloiJuly 20, 2020 by Pritam BordoloiJuly 20, 2020 The launch is a part of Egypt’s digitalisation plan and Vision 2030... Read more