Real Estate News

Banque Misr Signs Cooperation Protocol with The Official Egyptian Real Estate Platform to Enhance Mortgage Services

E-Systematic Egypt — “The Official Egyptian Real Estate Platform” announces organizational restructuring and leadership

Real Estate News

Fitch revises Egypt’s outlook to positive; maintains ‘B-‘ rating

Fitch revises Egypt’s outlook to positive; maintains ‘B-‘ rating

Fitch Ratings has revised the outlook on Egypt’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to Positive from Stable, while affirming the IDR at ‘B-‘. The…
Shark Tank star Ahmed Tarek invests $100m in healthcare expansion

Shark Tank star Ahmed Tarek invests $100m in healthcare expansion

Prominent businessman and Shark Tank personality, Ahmed Tarek, has expanded his portfolio by acquiring the National Language Schools and Al…
Elsewedy Electric, Bühler Group, and IBC Group sign agreement to advance grain silos industry in Egypt

Elsewedy Electric, Bühler Group, and IBC Group sign agreement to advance grain silos industry in Egypt

Elsewedy Electric, a leader in integrated energy, infrastructure, and digital solutions, has entered into a Cooperation Agreement with Bühler Group,…
Contact Financial Holding and Oracle: A Strategic Alliance for Business Success

Contact Financial Holding and Oracle: A Strategic Alliance for Business Success

Cairo, Egypt – 2/5/2024 – Contact Financial Holding, the leading non-banking financial services (NBFS) provider in Egypt, and Oracle, the…
Egypt leads MENA surge as Bitget Wallet sees 300% growth

Egypt leads MENA surge as Bitget Wallet sees 300% growth

Bitget Wallet, a leading Web3 wallet in Asia, has reported a staggering 300% growth in the Middle East and North…
More electric vehicles, flying cars coming to UAE, says top Chinese diplomat

More electric vehicles, flying cars coming to UAE, says top Chinese diplomat

Home / Transport / Business More electric vehicles, flying cars coming to UAE, says top Chinese diplomat Dubai in particular…
Contact Financial completes first securitization issuance of 2024 valued at EGP 1.04bn

Contact Financial completes first securitization issuance of 2024 valued at EGP 1.04bn

Contact Financial Holding, a premier provider of non-banking financial services in Egypt, has successfully concluded its first securitization bond issuance…
Danone Egypt partners with Shift EV to electrify 50% of its fleet

Danone Egypt partners with Shift EV to electrify 50% of its fleet

In a landmark move for environmental sustainability, Danone Egypt has partnered with Shift EV to transform 50% of its distribution…
EFG Hermes completes advisory on Spinneys $375m DFM IPO

EFG Hermes completes advisory on Spinneys $375m DFM IPO

EFG Hermes, the leading investment bank in the Middle East and North Africa, has completed its advisory role on Spinneys’ $375m initial…
Empowering Egypt’s economy: IFC, World Bank spearhead private sector growth, development initiatives

Empowering Egypt’s economy: IFC, World Bank spearhead private sector growth, development initiatives

During the “IFC Day in Egypt” conference, Minister of Trade and Industry Ahmed Samir joined a host of ministers, senior…
Tax dispute resolution for businesses with revenue up to EGP 10m starts by June: ETA

Tax dispute resolution for businesses with revenue up to EGP 10m starts by June: ETA

In an effort to support taxpayers and foster a cooperative relationship, Rasha Abdel Aal, the head of the Egyptian Tax…
Saudi Riyal’s Exchange Rates Relatively Stable on Friday against Global Currencies

Saudi Riyal’s Exchange Rates Relatively Stable on Friday against Global Currencies

Saudi Riyal’s exchange rates on Friday are relatively stable. The US dollar remained stable at 3.7500 as well as the…
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