Egypt
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تكنولوجيا
Money Fellows Achieves $1.5 Billion in Transactions, Leading the Journey from “Traditional Rotating Savings” to Digital Financial Empowerment
«Money Fellows», a leading fintech company revolutionizing traditional Rotating Savings and Credit Associations (RoSCA), announced that it has exceeded 8 million users, with over 2 million rotating savings groups completed through its application since its launch. The announcement came during a panel discussion highlighting Money Fellows’s journey and efforts to digitize the traditional money circle, one of Egypt’s most popular…
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عقارات
Innovo secures EGP 2.2 billion contract to deliver residential and infrastructure works at Alburouj, Cairo
Innovo, an industry leader in construction and innovation across the built environment, has been awarded a contract worth EGP 2.2 billion by IMKAN Misr. Under the agreemen Innovo will deliver major residential and infrastructure works at the prestigious Alburouj master-planned community, one of East Cairo’s largest projects, which provides an integrated residential community located along the Cairo-Ismailia Desert Road. The…
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عقارات
Ascend Investments starts its business with targeted sales of EGP 800 million in its first year
Ascend Investments company announced launching its operations in the Egyptian market, with promising experience and strong business plans inside and outside the Egyptian market, relying on a strong founding structure and qualified human resources, as the company aims to achieve sales for third parties of approximately EGP 800 million during its first year of operations. Amgad Helmy, Ascend Investments CEO,…
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طاقة
Signify Egypt and Signify Foundation Partner with Misr El Kheir Foundation to Provide Sustainable Lighting Solutions in Underserved Areas
Signify Egypt and the Signify Foundation have announced a strategic collaboration with the Misr El Kheir Foundation, as part of the Signify Foundation’s “Brighter Communities” program. This initiative aims to bring light to underserved villages in 11 governorates. The project includes the distribution of various solar lighting solutions, such as portable lights and floodlights, to schools, medical centers, and youth…
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مال وأعمال
Evergrow Signs offtake Agreement with Fertigo to Supply 60,000 Tons of Potassium Sulfate Annually Starting in 2026
In a move that reflects the strength of regional partnerships and the support for the agricultural industry in the region, Evergrow Group for Speciality Fertilizers and Fertigo for Fertilizers and Chemicals, based in Abu Dhabi, UAE, have agreed to supply and sell 60,000 tons annually of water-soluble potassium sulfate to Fertigo, starting January 1, 2026. Under the agreement, the entire…
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بنوك
Social Housing Fund and Bank NXT Sign EGP 2 Billion Mortgage Finance Agreement for Low- and Middle-Income Citizens
The Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with Bank NXT to expand their joint efforts and increase financing capacity for applicants under the Fund’s housing initiatives. The protocol agreement was signed by Mai Abdel Hamid, CEO of SHMFF, and Tamer Seif El Din, CEO and Managing Director of Bank NXT. The signing ceremony was…
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بنوك
حاضنة الأعمال “MINT” من EGBANK تحتفل بتخريج 17 شركة ناشئة في الدفعة الرابعة عشرة
احتفل إي چي بنك (EGBANk) بتخريج الدفعة الرابعة عشرة من رواد الأعمال عبر برنامج حاضنة الأعمال MINT by EGBANK، وذلك بمشاركة 17 شركة ناشئة واعدة تمثل مختلف القطاعات الاقتصادية والتكنولوجية. وضمت قائمة الشركات المتخرجة: Machinat، Youverse، Cortex، Meyahh، Board Pins، Mafrooz، Gelati، Curlit، Nanovate، BNFT، Mira Light، Hiryo، Mindlytx، Vemvl، Vitrine، Cultivech، وMallim، حيث قضت هذه الشركات رحلة تدريب مكثفة…
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تكنولوجيا
CompuEra Wins Fortinet’s OT Partner of the Year Award
– CompuEra, a leader in cybersecurity and digital solutions, announced today that it has been named Fortinet’s OT Partner of the Year in Egypt. The Fortinet Partner of the Year Awards recognize dedicated and distinguished partners and distributors worldwide. Fortinet’s channel partners play an essential role in helping deliver strong cybersecurity protection for users, devices, applications, and networks. Fortinet’s OT…
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رياضة
يوم العبور.. مصادفة سعيدة تواكب موعد مباراة مصر وجيبوتي المؤهلة لكأس العالم 2026
تترقب الجماهير المصرية مباراة منتخب مصر المقبلة أمام جيبوتي ضمن منافسات التصفيات المؤهلة لكأس العالم. حيث تمثل تلك المباراة أهمية تاريخية باعتبارها يوم العبور للمرة الرابعة للعب في المونديال المقبل كأس العالم 2026 . ونجح منتخب مصر في اقتناص نقطة ثمينة من منافسه منتخب بوركينافاسو بالتعادل سلبيًا اليوم . وذلك في المباراة التي جمعت المنتخبين على ملعب 4 أغسطس بالجولة…
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مال وأعمال
EFG Hermes Successfully Structures EGP 1.56 Billion Securitization for Bedaya Mortgage Finance in Strategic Four-Tranche Issuance
EFG Hermes, the leading investment bank within EFG Holding and across the Middle East and North Africa (MENA) region, announced the successful completion of advisory services for the EGP 1.56 billion securitized bond issuance for Bedaya Mortgage Finance, Egypt’s leading non-bank mortgage finance provider. Strategic Issuance Structure This landmark transaction represents Bedaya’s seventh securitization since inception and the fifth under…
