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Africa Health ExCon 1st edition to start on 5 June to boost healthcare investments in Africa
Under the auspicious and in the presence of H.E President Abdel Fattah El- Sisi the first edition of Africa Health ExCon to start on June 5th to boost Healthcare Investments in Africa
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Edita’s profits Jumps 57% in Q1-22 unaudited financial indicators
The consolidated net profits of Edita Food Industries jumped by 57% year-on-year (YoY) to EGP 162.42 million in the first quarter (Q1) of 2022, compared to EGP 103.48 million, according to the…
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HC expects Egypt’s Central Bank to increase interest rates by 200 bps
HC Securities & Investment expects the Egyptian Central bank to increase interest rates by 200 bps based on Egypt’s current situation.
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UAE’ Etisalat buys 9.8% stake in Vodafone for $4.4 billion
Emirates Telecommunications Group Company bought a 9.8% stake in Vodafone Group Plc for $4.4 billion as the Middle Eastern technology provider seeks to expand globally.
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Egypt’s Ain Sokhna aims to be global green hydrogen production hub: official
Egypt is looking to establish the first global hub for green hydrogen in canal city of Ain Sokhna, said head of the General Authority for Suez Canal Economic Zone (SCZone).
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Egypt’s MSMEDA provides appropriate environment for SMEs to expand; official
Egypt is providing the appropriate environment for SMEs to expand as a top priority, especially industrial enterprises, Nevine Gamea — Minister of Trade and Industry and CEO of the Micro, Small, and…
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Suez Canal Economic Zone to produce 300k tonnes of green ammonia annually
The signing ceremony for a Memorandum of Understanding (MoU) to set up a project to annually produce 300,000 tonnes of green ammonia from green energy inside the Suez Canal Economic Zone (SCZone) in…
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Egypt’s annual inflation surges to 15% in April – CAPMAS
Egypt's annual inflation rate hiked to 14.9% in April 2022, compared to 4.4% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics…
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Nigerian airlines suspend flights over soaring fuel prices
Nigerian airlines are to suspend all flights from Monday over rising jet fuel prices, an umbrella organisation of operators said on Saturday.
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MSMEDA injects EGP 2bn to finance 60k projects during Q1-22
MSMEDA financed more than 60,000 small and micro projects during the first quarter (1Q) of 2022 with about EGP 2bn, which generated over 105,000 jobs, according to Minister of Trade and Industry…
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