Egypt Becomes Africa Finance Corporation’s 32nd Member State, With a Potential of US$1 Billion of Investments

Egypt Becomes Africa Finance Corporation’s 32nd Member State, With a Potential of US Billion of Investments

CAIRO–(BUSINESS WIRE/AETOSWire) – Africa Finance Corporation (AFC) has welcomed Egypt as its newest member state. Egypt’s Prime Minister, H.E. Dr Mostafa Madbouly, committed North Africa’s most populous nation to become the 32nd member of the region’s leading infrastructure solutions provider, opening up a potential US$1billion of investments. “With the increasing importance of public-private partnerships in advancing the African continent and Egypt in particular, we are pleased to accede to membership of a renowned and trusted pan-African institution like Africa Finance Corporation,” Prime Minister H.E. Dr Mostafa Madbouly said. “We are…

Egypt President calls on international community to support global green recovery

Egypt President calls on international community to support global green recovery

CAIRO, Egypt, H.E. Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, today called upon the international community to unite and spark a “green recovery”. Speaking on the first day of the inaugural Egypt International Cooperation Forum (Egypt – ICF), launched by the Ministry of International Cooperation, taking place in Cairo between 8-9 September, El-Sisi said: “No government alone can make this recovery possible. It requires the support of the international community and financial institutions to achieve the UN SDGs.” Also at the event, H.E. Dr. Rania A. Al-Mashat,…

Speed Medical SAE, Secures EGP 1.57 Billion Capital Commitment from Global Emerging Markets (GEM)

Speed Medical SAE, Secures EGP 1.57 Billion Capital Commitment from Global Emerging Markets (GEM)

Cairo, Egypt, Speed Medical Company (EGX: SPMD), today announced a EGP 1.57 billion capital commitment from GEM Global Yield LLC SCS (“GGY”), the Luxembourg based private alternative investment group. Under the agreement, GGY will provide Speed Medical Co. (SPMD) with a Share Subscription Facility of up to EGP 1,570 million for a 36-month term to use at its discretion, subject to agreed upon terms. The company will have no minimum drawdown obligation and is authorized to utilize the facility on an as-need basis over the life of the agreement. “We are…

Abu Dhabi Festival Kicks Off GOF2021 with Episode 1

مهرجان أبوظبي يعرض أولى حلقات فعاليات ملتقى العود العالمي

Featuring participating artists from UAE, Egypt, Tunisia, and Iraq Abu Dhabi Festival Kicks Off GOF2021 with Episode 1 The episode featured unique musical performances and touched upon the history and present of the oud in the region. As part of the special commissioning and production works and under the sponsorship of its lead partner Mubadala Investment Company (Mubadala), the 18th edition of the Abu Dhabi Festival (ADF), held under the theme ‘The Future Starts Now’, streamed the first eposide of the Global Oud Forum (GOF) 2021 across all its digital…

    Press release                                                                                              4 May 2021 For immediate release   Dubai to host first in-person travel & tourism event in the world since the onset of the pandemic 62 countries represented on exhibition floor such as KSA, Germany, Italy, Greece, Cyprus, Thailand, Indonesia, Egypt, South Korea, The Philippines, Malaysia, Maldives and Israel 67 conference sessions featuring 145 local, regional and international speakers New hybrid format first time in ATM history; in-person at the DWTC from 16-19 May and virtually from 24-26 May Health & safety measures top priority…

iMile Launches in Egypt The logistics service has operations in Cairo and Suez

آي مايل تطلق خدماتها في مصر

iMile Launches in Egypt The logistics service has operations in Cairo and Suez iMile, a technology-driven delivery service, has officially launched into Egypt with operations in Cairo and Suez. Born in Dubai, iMile is a market leader in delivering goods from ecommerce sellers in China to customers in the MENA region to serve the dynamic ecommerce marketplace of the future. iMile’s recent expansion into Egypt is part of its commitment to continue supporting efficient cross-border ecommerce across the region. With the rise of e-commerce in Egypt, local companies are focused…

 Etisalat and Manchester City launch Esports tournament during Ramadan

“اتصالات” و”مانشستر سيتي” يطلقان بطولة الرياضات الإلكترونية

 Etisalat and Manchester City launch Esports tournament during Ramadan Etisalat today announced the launch of an Esports tournament with Manchester City Football Club, targeting the FIFA gaming community across UAE and Egypt during Ramadan. Esports is the latest development in Etisalat’s long-term partnership with Manchester City as the Official Telecom Partner of the Club. Etisalat is one of the Official Partners of Manchester City’s global Esports programme, in addition to sponsoring the Club’s esports kit worn by its professional FIFA esports players. The partnership is an opportunity to be a…

build the largest smart and secure learning platform

بناء أكبر منصة تعليم ذكي وآمن في مصر والمنطقة

ACICT partners with Logix to build the largest smart and secure learning platform in Egypt and the region The partnership aims to enable educational institutions to achieve digital transformation in the educational system according to the best smart education practices and the highest information security specifications  The Academy Company for Information Communication Technology (ACICT), the technological investment arm of the Arab Academy for Science Technology & Maritime Transport (AASTMT), has launched a strategic partnership with Logix, a leading company in smart transformation and information security, to launch the largest smart…

Egypt Captivates World with Golden Pharaoh Parade

Egypt Captivates World with Golden Pharaoh Parade

Cairo, Egypt,  Twenty-two pharaoh mummies walked the streets of Cairo on Saturday evening in a stunning royal procession from the Egyptian Museum on Tahrir Square to the new National Museum of Egyptian Civilization (NMEC) in Fustat. The event marked the official launch of NMEC. Against the backdrop of fireworks, the mummies – 18 kings and four queens – travelled in order of age on purpose-built gold-colored pharaonic chariots, equipped with an air ride suspension system to absorb vibrations, and bearing the name of their occupants in Arabic, English, and hieroglyphics.…

Global Village extends Silver Jubilee season for two weeks guests to enjoy Ramadan shopping experience from around the world

فين العربي// Global Village extends Silver Jubilee season for two weeks

Global Village extends Silver Jubilee season for two weeks: guests to enjoy Ramadan shopping experience from around the world Following close consultation with partners, Global Village will now be open May 2nd so guests can experience the first weeks of the Holy Month at the park Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, has announced that Season 25 will be extended by two weeks until Sunday, May 2nd. The Silver Jubilee anniversary has seen high popularity with guests enjoying the celebrations…