Orange Group Commits €25 Million to AI Startups and Technical Training for 200,000 Egyptians Following Leadership Talks

Orange Group, a major telecommunications company in France, has promised specific funding for vocational training in order to support the digital transformation initiative of Egypt after bilateral talks at the presidential level held in Cairo. Orange Egypt AI While discussing issues related to the initiative in a meeting between the president of Egypt, Abdel Fattah El-Sisi, and the CEO of…

Vaishnavi Singha

Egypt and Eritrea Assert Exclusive Control Over Red Sea Security at UN Meeting

According to the top diplomats of Egypt and Eritrea who participated in high-level international consultations, the issue of the security and governance of the Red Sea maritime channel is exclusively within the jurisdiction of the countries that have access to this sea. During the international consultations, which took place on the margin of the United Nations General Assembly, the foreign…

Vaishnavi Singha

Egypt Inflation Projected to Hit 7% Target by Mid-2027 as Central Bank Keeps Interest Rates Steady

The central bank of Egypt expects the movements in headline prices towards its medium-term target range of 7%, +/- 2%, during the last six months of 2027. As a result of the recent meeting of the Monetary Policy Committee, the economic policymakers have reduced the forecasts of inflation, citing unanticipated good movements in prices in recent months within consumer categories.…

Vaishnavi Singha
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EFG Finance Expands Balad Investment to Scale Egypt’s Digital Remittance Infrastructure – TechAfrica News

EFG Finance"s majority investment in Balad reflects its broader strategy of expanding…

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Egypt’s Financial Inclusion Rate Reaches 79% as Active Accounts Hit 56.4 Million – TechAfrica News

The Central Bank of Egypt (CBE) attributed the progress to continued efforts…

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Afreximbank Grants EUR 110 Million Loan to Chad for Infrastructure

The African Export-Import Bank (Afreximbank) announced yesterday that it has extended its…

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Valu profit jumps 43% as Egypt fintech broadens lending footprint

Egypt’s consumer finance and buy-now-pay-later sector continued to expand in the first…

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Emaar Misr to acquire remaining Sky Tower shares via share swap

Image used for illustrative purpose. Traders work near the…

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Emirates NBD takes HSBC’s retail book + Egypt’s seventh IMF review clears

☀️ Good morning, friends, and happy weekend. A small programming note to…

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Arab Finance – Egypt’s Investment Fund Boom: Opportunity Meets Oversight

 Egypt’s investment fund boom is a watershed moment for the country’s financial…

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