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First Abu Dhabi Bank (FAB), the UAE’s biggest lender by assets, withdrew its offer to acquire a majority stake in Egypt’s biggest investment bank EFG Hermes, citing global market volatility in the…
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ADQ Holding — one of Abu Dhabi’s sovereign funds — acquired a stake in Egypt’s Commercial International Bank (CIB) worth $911.457m as part of a move aiming to acquire stakes in five companies listed…
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Abu Dhabi’s wealth fund ADQ has acquired stakes in five companies listed on the Egyptian stock exchange (EGX) for 28.5 billion Egyptian pounds ($1.5 billion), according media reports
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The EU is looking to up its imports of liquefied natural gas (LNG) from Egypt in the short term — and contribute to building a local green hydrogen production facility in the long term, EU Executive…
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Egypt has allocated areas for green hydrogen production in the Suez Canal Economic Zone (SCZone), according to statements by Prime Minister Moustafa Madbouly on Sunday.
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Egypt’s export of printing, packaging, paper, literary and artistic works rose by 65 percent from January to February, hitting $198 million, compared to $120 million in the same period of 2021.
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The Medium, Small, and Micro Enterprises Development Agency (MSMEDA) is keen to encourage owners of projects operating in the informal sector to reconcile their status in order to ensure the stability…
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Edita Food Industries plans to inject new investments worth EGP 1 billion in the upcoming three years.
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Schneider Electric developed EcoStruxure platform to support Egypt’s environmentally-friendly plans to transform Sharm El-Sheikh into a sustainable and green city.
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 Egypt's annual inflation rate jumped to 12.1% in March 2022, compared to 4.8% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics…
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