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FAB Egypt signs financial inclusion MoU with postal service
First Abu Dhabi Bank (FAB) Egypt will work with the postal service to provide financial services after signing an MoU…
Remittances rise 11% in July
Remittances from Egyptians working abroad rose 11% to USD 2.9 bn in July, up from USD 2.6 bn reported in…
Fawry receives CBE approval for bank transfer service
Fawry gets CBE nod to partner with state-owned bank for transfer service: E-payments platform Fawry has received preliminary approval from…
EFG-managed Vortex Energy sells controlling stake in GBP 500 mn UK based solar energy portfolio
INVESTMENT WATCH- EFG-managed Vortex Energy sells controlling stake in GBP 500 mn UK solar energy portfolio: EFG Hermes-managed renewable energy…
What we’re tracking on 16 September 2020
It’s another busy news day as we hurtle toward the end of the week, so let’s get this show started.…
Gov’t to relax restrictions on mass gatherings from Monday
Gov’t to relax restrictions on mass gatherings from Monday: Public wedding celebrations, funeral prayers, expos, and some sports and educational…
What we’re tracking on 14 September 2020
Good morning, wonderful people — it’s a particularly busy news day, so we’re going to jump straight in. We’re looking…
Egypt in talks with seven companies to set up desalination plants
The Housing Ministry is in talks with seven unnamed companies to build seawater desalination plants as part of the government’s…
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