Arab Finance interview with Ghada Darwish, Country Director for the British firm Globeleq and the Chair of the Egyptian Renewable Energy Association (EREA).
For decades, Egypt’s system of in-kind food subsidies—most notably its bread program—has been a cornerstone of the nation’s social contract, ensuring affordable access to basic staples for millions of households.
Valmore Holding reported a 0.5% year-on-year (YoY) increase in consolidated net profit after tax attributable to the parent company during the first quarter (Q1) of 2026, reaching $34.3 million, compared with $34.1 million in Q1 2025.
Abu Dhabi-based Modon Holding and Montage Hotels & Resorts jointly launched Montage Ras El Hekma, introducing the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast.
Egypt and Eritrea inked a maritime transport cooperation agreement to strengthen logistical connectivity and expand bilateral trade.