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News

MPC raises key policy rates by 200 basis points against continued global challenges

Until the start of the Russia/Ukraine conflict, Egypt’s MPC had not changed interest rates for 10 consecutive meetings

Mohamed Saad appointed as President & CEO NEA for Signify

Saad will be a great addition to contribute in developing Signify’s strategy in building a customer-centric organization and expanding local-for-local capabilities, said a statement

Shell reinforces presence in Nile Delta with acquisition of Offshore Block 3

A Farm Out Agreement (FOA) is a type of contract that allows investors to acquire a stake from an existing project participant by selling all or percentage stake in the venture

Instabug secures $46M in Series B round as it works towards more than fixing bugs

Instabug aims to use the new funding to push forwards on its mission of serving engineering teams with performance metrics and issue visibility

Remittances rise 12.8% in March 2022 | CBE

In 2021, remittances were at the highest level ever recorded, witnessing an incline of 6.4% compared to 2020, recording $31.5 billion, up from $29.6 billion