November 11, 2019

International pharmaceutical companies announce expansions plans in Egypt

Several international pharmaceutical companies announced their expansions plans in the Egyptian market over a meeting with Minister of Investment and International Cooperation (MIIC) Sahar Nasr, in the presence of Tamer Essam, deputy Minister of Health and Population for pharmaceuticals’"...

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Egypt, France enjoy distinguished economic ties November 11, 2019

Cairo: Communications and Information Technology Minister Amr Talaat said Wednesday 7/11/2019 that Egypt and France enjoy deeply-rooted and distinguished economic ties.

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AAIB bank co-arranges securitisation transaction of EGP 776M for Palm Hills November 11, 2019

Cairo: Egypt’s Arab African International Bank has acted as the lead coordinator, and underwriter for the securitisation transaction issued by Sarwa Capital at a value"...

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Allianz Egypt achieves EGP 4bn premiums in 2019 property, life insurance November 11, 2019

Allianz Egypt, comprising of Allianz Life Assurance Company-Egypt and Allianz Insurance Company, achieved premiums of EGP 4bn in 2019, compared to EGP 2.7bn in 2018.

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Egyptian transport start-up targets Philippines, Bangladesh after Pakistan launch November 11, 2019

Cairo: Swvl, an Egyptian startup with an app to book bus tickets, plans to launch operations in the Philippines, Indonesia and Bangladesh by the end of next year, a senior"...

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Huawei expects 500 million 5G users within three years of service launch November 10, 2019

Huawei expects 5G services to be ready next year, believing that the number of its users worldwide will reach 500 million within three years of its launch.

Daily News Egypt interviewed Huawei’s Chief Strategy"...

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Pyramids Developments to launch administrative units in Paris mall November 6, 2019

Pyramids Developments for real estate announced the launch of administrative units and offices over 60,000 sqm for sale in its Paris mall after selling commercial units worth EGP 800m.

According to the company’s"...

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