Day: October 2, 2023

The Arab African International Bank launched a new savings certificate with the highest investment return in the banking market, the bank announced in an official statement on its Facebook page. Customers can invest in this certificate for three years. The bank has made the savings certificate available from Monday, October…

In a move meant to add more convenience to its passengers’ journey, RATP Dev Mobility Cairo (RDMC), the company in charge of the operation and maintenance of Metro Green Line 3, has signed a cooperation protocol with Rabbit Mobility to provide a seamless, environmentally friendly electric scooter option outside four…

Step into a world where beauty becomes a living art, and elegance intertwines with creativity. Recently, a remarkable event unfolded beneath the majestic Louvre pyramid, marking the commencement of Paris Fashion Week. Leading the charge was Lancôme, the renowned beauty brand, accompanied by their esteemed international ambassadors. Among attendees was…

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met with a business delegation of Japanese companies working in the fields of renewable energy, green fuels, and various other industries, led by the Japanese External Trade Organization (JETRO). The delegation participated in a meeting organized by the SCZONE…

Hermes Securities Brokerage kept its leading position among the brokerage companies in Egypt at the end of the third quarter (Q3) of this year, with a market share of 14.6%. It executed trades worth EGP 46.8bn, involving 7.08 billion securities over 490,000 transactions. EFG Hermes International Securities Brokerage climbed two…

According to a report by the Ministry of Communications and Information Technology, the mobile market in Egypt added about 550,000 new subscriptions in June, compared to May, while the landline market lost about 710,000 subscriptions in the same period. The report showed that the number of mobile phone subscribers reached…

The first business incubator in Alexandria, “Startups of Alex”, will launch its activities next Thursday. The programme, organized by ICE Alex, will offer guidance and consulting sessions for startup companies, aiming to enhance their impact on the entrepreneurship community and provide additional support. The ceremony will witness the graduation of…

Rekaz Developments, an Egyptian real estate company, has signed with Desoky & Soda and Vasko to bring strong brands to its Opal Business Complex project in the New Administrative Capital (NAC). CEO of Rekaz Developments Tamer Bakeer said that the company aims to select the best brands for the Opal…

DCI Plus is planning to expand in and outside Egypt after achieving great success this year, according to its Chairperson Waleed Morsy.  Morsy said that his office aims to provide added value in the field, which includes focusing on projects that comply with sustainability standards, as well as adopting an…

Egypt’s New Delta Agriculture Wastewater Treatment, Recycling and Reuse Plant, the world’s largest of its kind, has achieved four remarkable Guinness World Records (GWR). The plant, developed by a JV of Metito, Orascom Construction, Arab Contractors, and Hassan Allam Construction, under a mandate from the Ministry of Defense, Armed Forces…