Day: October 22, 2024

KAZAN — Egyptian President Abdel Fattah al-Sisi has said he sees the BRICS group as a breakthrough in advancing the interests of all its members, particularly in trade. Al-Sisi made the remarks during a meeting with Russian President Vladimir Putin on the sidelines of the BRICS summit in Kazan, Russia.…

The 16th BRICS summit kicked off in the Russian city of Kazan on Tuesday with the participation of leaders from 36 countries, including 22 heads of state or government. The three-day event will see discussions on a range of topics, including the creation of a BRICS digital payment platform and…

Global gold price is trading on Tuesday, near the historical level it recorded on Monday, as demand for the precious metal continues to increase amid ongoing uncertainty with the upcoming US elections. Additionally, there is significant demand for gold investment funds, alongside persisting geopolitical tensions in the Middle East. The…

Beltone Holding announced Tuesday that its wholly owned subsidiary, Beltone Leasing and Factoring, had completed its first securitization issuance, raising EGP 1.33bn. Beltone Investment Banking’s Debt Capital Markets Division acted as the financial advisor, issuance manager, and bookrunner. The significant oversubscription of 1.5x is a clear testament to Beltone’s robust…

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, witnessed the signing of a cooperation agreement between the Holding Company for Biological Products and Vaccines (VACSERA) and the Dutch company Bilthoven to transfer the technology of manufacturing the injectable polio vaccine.   The signing took place…

Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, has launched the “Sustainable Pesticide Management Framework” project, initiated by CropLife Group in coordination with the Agricultural Pesticides Committee. The Minister highlighted that around 10,000 tonnes of pesticides are used annually on agricultural lands in Egypt, while global production stands at…