Day: February 28, 2024

Said Zater, CEO of Contact Financial Holding and Chairpersom of the Egyptian Federation of Consumer Finance, took part in the 8th Capital Markets Annual Summit, which was held under the theme of “Structural Reforms – Sustaining Development”. The summit, which was sponsored by the Ministry of Finance, the Ministry of…

Emirati businessman Khalaf al-Habtoor renewed his desire to invest in the Regal Heights Hotel, the largest hotel in the el-Alamein tourist area in Egypt, following the historic deal between Egypt and the UAE in the Ras al-Hikma area. Habtoor said on his official Facebook page on Saturday, that the announcement…

The Uppingham Cairo Advisory Board gathered for its inaugural campus tour, marking a significant step in the school’s preparation to welcome its students in September 2024. Led by Dr. Mahmoud Mohieldin, Chairman of the Advisory Board, and accompanied by distinguished board members, the tour provided an opportunity to inspect the…

The Economic Community of West African States (ECOWAS) has lifted travel, commercial and economic sanctions imposed on Niger after a coup staged in the country last year, a senior official announced. The sanctions were lifted with immediate effect, the president of the ECOWAS Commission, Omar Alieu Touray, said after the…

KPMG’s bi-annual report, “Pulse of Fintech H2’23”, reveals a significant slowdown in global fintech investment. Investment fell from $196.6bn across 7,515 deals in 2022 to $113.7bn across 4,547 deals in 2023. This decline is attributed to a combination of factors, including geopolitical events, rising interest rates, and a scarcity of…

European Investment Bank (EIB) President Nadia Calviño met with Egyptian Minister of International Cooperation Rania Al-Mashat at the EIB headquarters in Luxembourg on Tuesday. The meeting focused on strengthening collaboration between Egypt and the EIB to support sustainable development, climate action, and economic growth. President Calviño highlighted Egypt’s role as…