GAFI leads first investment promotion mission to Indonesia

As part of Egypt’s efforts to diversify sources of foreign investment, particularly from East Asian economies, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), led the Authority’s first-ever investment promotion mission to the Republic of Indonesia on behalf of the Minister of Investment and Foreign…

Egypt’s fintech firm Money Fellows hits $1.5bn in transactions

Egyptian fintech company Money Fellows announced it has exceeded 8 million users and surpassed $1.5bn in total transaction value since its launch, as it digitises traditional rotating savings circles. The company, which has completed over 2 million rotating savings groups through its application, has also achieved profitability, founder and CEO…

GROHE’s GIVE programme graduates first class of 45 plumbers in Egypt

Global bathroom and kitchen solutions brand GROHE has celebrated the first graduating class of its vocational training programme in Cairo, which has equipped 45 young Egyptians with professional plumbing and sanitary work skills. The GROHE Installer Vocational Training and Education (GIVE) Program, launched in Egypt in 2023, aims to address…