FeaturedHealthcareEgyptian healthtech VRapeutic joins Canadian accelerator programmePritam BordoloiJanuary 22, 2021 by Pritam BordoloiJanuary 22, 2021 The startup plans to expand in the Canadian market through their participation in the programme... Read more
BankingFeaturedEmirates NBD Egypt is leading in trade finance and cash managementWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The bank seeks to become a major player in financing new projects and development initiatives... Read more
EconomyFeaturedEgypt, US to extend economic cooperation through 2021-25International Finance Business DeskNovember 5, 2020November 5, 2020 by International Finance Business DeskNovember 5, 2020November 5, 2020 The ongoing cooperation is worth $1 billion across, reflecting Egypt’s commitment to economic development... Read more
Business LeadersFeaturedCIB slumps as chairman steps down under central bank ordersInternational Finance Business DeskOctober 28, 2020 by International Finance Business DeskOctober 28, 2020 Former chairman Hisham Ezz al-Arab was urged to step down from his position over governance concerns... Read more
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