Day: December 5, 2023

Moharram & Partners, a frontrunner in public policies and strategic communication, has recently declared the appointment of Hala Abdel Wadood as the new CEO for the Africa and MENA regions. She takes over the reins from Moustafa Moharram, the group’s founder and former CEO. With a wealth of experience from…

Reefy Microfinance, a subsidiary of CI Capital Holding Group, announced that its revenues reached EGP 1.02bn in the first nine months of 2023, up from EGP 680m in the same period last year, recording a 52% year-on-year growth. According to a statement on its operational results, the company provided financing…

The International Finance Corporation (IFC) announced on Monday a partnership with Al Baraka Bank Egypt to increase access to finance for micro-, small- and medium-sized enterprises (MSMEs) in Egypt, including women-owned businesses, helping catalyze economic activity and job creation in the country. MSMEs play a vital role in Egypt’s economic…

The National Telecom Regulatory Authority of Egypt (NTRA) has affirmed its commitment to empowering persons with disabilities to use modern technologies that make their lives easier and increase their productivity. NTRA aims to ensure that this segment of users, who are an integral part of Egyptian society, can access telecommunication…

Basil Rahmi, the CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), said that President Abdel Fattah Al-Sisi’s directives reflect his interest in development endeavors and providing all possible care to young people. He added that the President is also keen on instilling a culture of entrepreneurship among…

Prime Minister Mostafa Madbouly has said that the Egyptian state is keen on supporting small, medium, and micro enterprises (SMEs), encouraging entrepreneurship, and providing all the necessary services for their development. He said that the state gives priority to productive, industrial, innovative, and technological projects, as they contribute to achieving…

Egypt’s Environment Minister Yasmine Fouad participated on Monday in a high-level panel discussion on the “Interconnected Refugees and Climate Initiative: The Way Forward,” launched by the King of Jordan during the Climate Summit (COP27) in Sharm El-Sheikh in 2022. The event was held on the sidelines of the COP28, currently…

ElSewedy Industrial Development Company, a subsidiary of Elsewedy Electric, and Futur Vert Egypt, a subsidiary of the Emirati company Sharqia Holding Limited, have signed a contract to allocate an industrial plot of land for a project to produce an agricultural nutrients complex with international specifications compatible with the environment. The…

The Minister of Trade and Industry of Egypt, Ahmed Samir, attended the 39th Session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of the Islamic Cooperation, which took place in Istanbul, Türkiye. Samir met with his Turkish counterpart, Omar Polat, to discuss how to boost…