FRA mandates carbon disclosure, offsets for large non-bank financial firms
Egypt’s Financial Regulatory Authority (FRA) has mandated that non-banking financial companies with issued capital or net equity exceeding EGP 100 million disclose their carbon emissions and offset pa...
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Egypt announces Ramadan business hours for commercial facilities
Egypt has revised closing times for shops, restaurants, and cafes during the holy month of Ramadan and the Eid El-Fitr holiday of the Hijri year 1447, Minister of Local Development and Environment Manal Awad announced.
Valu launches instant large-ticket financing starting at EGP 1M
U Consumer Finance (valU) has launched instant large-ticket financing through its app, starting from EGP 1 million, using the National ID only, according to a press release.
Rove Hotels enters Egypt in partnership with El Sayyad Group
El Sayyad Group has formed a strategic partnership with Rove Hotels to introduce the UAE-born hospitality brand to Egypt, marking Rove’s first entry into the local market.
Tahya Misr 1 terminal at Damietta Port begins commercial trial operations
The Tahya Misr 1 container terminal at Damietta Port has entered commercial trial operations, marking a new phase in the development of the port and strengthening its role in international trade and global supply chains.
