Egypt’s wealthiest man Naseef Sawiris loses $230 million as Adidas shares drop by 6%

Ikeanumba gathered that his net worth fell from $6.5 billion at the start of 2022 to $6.4 billion. Less than three weeks ago, Nassef Sawiris...

Should African companies impose vaccine mandate amid Omicron variant?

“The science is clear. Vaccination against COVID-19 reduces rates of serious infections, hospitalisation, and death. As an employer, we have a responsibility to ensure...

Libyan embassy opens registration for licensed Egyptian employment companies

The Libyan Embassy in Cairo announced Thursday opening registration for licensed Egyptian employment companies facilitating access by Libyan employers to Egyptian labor. The embassy requested...

Egypt’s non-oil exports rise to $26.9B in 10 months

Egypt's non-oil exports increased during the first 10 months of 2021 by about 26 percent, to record $26.9 billion, compared to $21.35 billion during...

Forbes 2021: Okonjo-Iweala, Samia Suluhu, and Mo Abudu are the three most powerful women in Africa

On December 7, Forbes released its 18th annual ranking of The World’s 100 Most Powerful Women from around the world. Hailing from different countries,...

Egypt to produce 1st bus powered by natural gas in 2022

The Minister of Business Sector, Hisham Tawfik, said that next year will witness the production of the first bus powered by natural gas in...
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