Aya Abdulghany 2184 posts 0 comments

Egypt issued a decision obligating all hotel establishments to raise their minimum internet speed, Minister of Tourism and Antiquities Khaled El-Anany.
Read More...

Amr Al-Samdouni — the Secretary of the International Transportation and Logistics Services Division at the Cairo Chamber of Commerce — expects that international shipping costs would spike in the…
Read More...

Egypt-based Housing and Development Bank (HD Bank) achieved consolidated net profits worth EGP 2.02 billion in 2021, compared to EGP 2.06 billion in 2020, including minority interest.
Read More...

Stocks extended a selloff Wednesday as the war in Ukraine and sanctions on Russia triggered a record-setting surge in commodities, darkening the economic outlook and bolstering demand for sovereign…
Read More...

Egypt’s state grains buyer GASC was forced once again to cancel its wheat tender on Monday on the back of sharply higher prices as supply worries mount in the wake of Russia’s invasion of Ukraine.
Read More...

CIB has been disclosing its environmental impact to the Carbon Disclosure Project since 2018
Read More...

Saudi Arabia-based B2B e-commerce platform Sary has acquired Egyptian B2B marketplace Mowarrid for an undisclosed amount, the company told reporters on Tuesday.
Read More...

Egypt plans to sell stake in the state company behind its new capital city, Administrative Capital for Urban Development (ACUD), on the country’s stock exchange within two years, the company’s head…
Read More...

Egypt’s revenues from the Suez Canal, excluding the navigation services, surged 15.1 percent year-on-year to $545.5 million in February, said the canal’s authority chairman Osama Rabie on Tuesday.
Read More...

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched a venture capital fund with USD 50 mn from the World Bank, according to a press release.
Read More...