OC named most valuable Egyptian brand
Brand Finance has named Orascom Construction as Egypt’s most valuable brand, valuing it at USD 558 mn. Rounding out the top five of the country’s most valuable brands: National Bank of Egypt, Eastern Company, Banque Misr, and CIB. The leading private-sector bank was also named the strongest brand in the country.
Egypt joins the first wave of the GCCA’s Net Zero Accelerators Initiatives: Egypt was among emerging markets selected to be part of the first wave of the Global Cement and Concrete Association’s Net Zero Accelerator program, the association said in a statement. The initiative will help cement and concrete producers “decarbonize” their infrastructure and switch up their practices to line with the GCCA’s 2050 Net Zero Roadmap. Egypt joins India, Thailand and Colombia, which collectively make up 10% of global cement and concrete production, the statement said.
Food ordering app Talabat Egypt has partnered with Ibrahim Badran Foundation, which provides charitable medical services to remote communities, it said in a statement (pdf). Talabat users can use the app to donate to the foundation.
BonelliErede is moving into Libya in partnership with Zahaf & Partners, the law firm said (pdf), noting that it has also recently opened offices in Cairo, Addis Ababa and Dubai.