It was a diplomacy-heavy night on the airwaves last night, with the nation’s talking heads dedicating significant airtime to Foreign Minister Sameh Shoukry’s trips to Syria and Turkey, and Prime Minister Moustafa Madbouly’s visit to Doha. Everyone was talking about Shoukry’s visit to Damascus and Adana yesterday, with Foreign Ministry spokesperson Ahmed Abu Zeid phoning […]
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Issa talks tourism targets + everyone’s talking about Shoukry’s trips to Syria and Turkey yesterday
Dominating the conversation on Egypt in the foreign press this morning: Foreign Minister Sameh Shoukry’s visits to Syria and Turkey yesterday. We have more in this morning’s Diplomacy section, below. (AP | Reuters | AFP | Financial Times | Bloomberg | The National) Issa talks tourism targets: Tourism Minister Ahmed Issa sat down for an […]
Cross-border payments, bill payments are getting easier for Egyptians in the UAE thanks to Fawry + Botim
FINTECH- Fawry + Botim collab to help Egyptians in UAE to make cross-border payments, pay bills: Local e-payments giant Fawry and Gulf voice-calling app Botim are partnering to allow Egyptian expats residing in the UAE to pay bills and send home remittances, according to a jointpress release (pdf). Users will be able to make money […]
Adnoc ups gas unit IPO on heavy investor demand
Abu Dhabi IPO WATCH: Adnoc’s natural gas arm will now offer close to a 5% stake in its IPO in Abu Dhabi after it covered its orderbook within hours last week. The Emirati energy company originally planned to sell 4% of its shares but is now on course to raise as much as USD 2.5 […]
Shoukry looks to mend ties with visits to quake-hit Syria + Turkey
Foreign Minister Sameh Shoukry became the first Egyptian diplomat to make official visits to Syria and Turkey in a decade yesterday after he flew to the two earthquake-hit countries for talks with Syrian President Bashar Al Assad and Turkish Foreign Minister Mevlut Cavusoglu. In Damascus: Egypt will provide more aid to Syria and has already […]
Saudi Arabia to hand Ukraine USD 410 mn aid package
Riyadh comes to Ukraine’s aid to the tune of USD 410 mn: Saudi Arabia is making good on a pledge to send some USD 410 mn in humanitarian aid to Ukraine, including a USD 300 mn grant to purchase oil products, Bloomberg reports. The agreements were signed during a surprise visit to Kyiv by Saudi […]
FEBRUARY 19 February-11 March (Sunday-Saturday): 2023 Africa U20 Cup of Nations, Egypt, various locations. 24-26 February (Friday-Sunday): The Egyptian Private Equity Association and the African Private Equity and Venture Capital Association are hosting a three-day private capital funds masterclass. MARCH March: 4Q2022 earnings season. March: Gov’t to launch the National Governance Index. March: Palestine-Israel talks […]
THIS EVENING: Healthcare cooperation with Qatar + Expat car import scheme gets extension
Good afternoon ladies and gentlemen. We hope you’re having a lovely last day of February, as the news cycle here at home remains pleasantly brisk. THE BIG STORY TODAY The Health Ministry inked three agreements with Qatari healthcare companies, to invest in the Egyptian healthcare sector and the development of medical establishments, according to a […]