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Britain’s Standard Chartered is planning to exit its operations in seven countries in Africa and the Middle East, the mass exodus move aims to narrow its focus to the region’s faster-growing markets,…
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Finastra has announced that Egyptian state-run Banque Misr selected Fusion Trade Innovation and Fusion Corporate Channels to digitalise its financial services and attract new clients.
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Arab African International Bank (AAIB) has collaborated with Liferay, a digital platform provider, to promote the bank's digital transformation and enable its customers to have access to various…
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Italy’s oil and gas giant Eni announced it signed an agreement to promote Egypt’s gas export to Europe, and specifically to Italy, in the context of the transition to a low carbon economy.
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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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