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
FeaturedPorts and ShippingExpansion of DP World Sokhna’s Basin 2 in Egypt nears completionPritam BordoloiJuly 13, 2020 by Pritam BordoloiJuly 13, 2020 The project would result in 750,000 TEUs of added capacity... Read more
EnergyFeaturedEgypt approves 691 green projects for FY 2020/21Pritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 30% of Egypt’s investment will be implemented as per environmental sustainability and green economy concepts... Read more