Latest in Day: May 23, 2018 Highlight

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Latest in Day: May 23, 2018


ElBalto: Healthcare app connecting patients, doctors, caregivers

ElBalto, a mobile-based platform, was launched by a startup aiming to transform healthcare through connecting patients, doctors, and caregivers. The co-founder and CEO of the company, Mahmoud Abdalla, explained that receiving medical assistance in non-emergency cases often meets unneeded hassles and obstacles, such as traffic jams, doctor cancellations, or no-shows He added that in Egypt’s …

Daily News Egypt

Public sector debt reaches EGP 45bn: Khalid Badawi

Minister of Public Enterprise Sector Khalid Badawi said that the total debt of public sector companies to all parties amounts to EGP 45bn, including debt to the National Investment Bank amounting to EGP 21bn. Badawi, at a suhoor event on Wednesday, said that the public sector’s total debts to electricity and gas companies amounted to …

Daily News Egypt

Khedivial Marine Logistics acquires AAL’s shipping agency in Egyptian ports

Khedivial Marine Logistics (KML) acquired on Wednesday the shipping agency Austral Asia Line (AAL)’s operations in all Egyptian ports. Mohamed Al-Dahshan, chairperson and founder of KML, said the new acquisition came as part of the company’s expansion plan. The company transports general and heavy cargo via 24 vessels from the Far East (India, China, Japan, …

Daily News Egypt

The Arab Contractors Federation, in conjunction with the French company Feense, is set to construct the new line’s civilian facilities (Photo: Courtesy of Facebook Fan Page)

Construction on 3rd phase of Cairo metro line 3 begins

Prime Minister Sherif Ismail witnessed on Wednesday the construction launch for the third phase of the Cairo metro’s third line, which will run from Ataba to Bulaq El Dakrour at a length of 17.7 km. The cost of the entire third line is up to EGP 100bn, said the prime minister on the sidelines of …

Daily News Egypt

$6.9bn trade exchange between Egypt, Eurasian Economic Community in 2017

Trade exchange between Egypt and the Eurasian Economic Community (EAEC) achieved an increase during 2017. The value of trade exchange between Egypt and the EAEC amounted to $6.9bn, with Egyptian imports at $6.9bn and Egyptian exports at $573m, according to Egyptian Minister of Trade and Industry Tarek Kabil. The EAEC includes Russia, Belarus, Kazakhstan, Armenia, …

Shaimaa Al-Aees

Op-ed review: Talk on economy continues, Ramadan media content

As the holy month of Ramadan started last week, annual TV series are often the subject of commentary in the media and discussion on social media. In state-owned newspaper Al-Ahram, two op-eds tackled the issue. To Adel Sabry, these series shift people’s attention from the purpose of the holy month, which should be focused on …

Amira El-Fekki

Gender equality is key factor of development: Swedish ambassador

Swedish Ambassador to Egypt Jan Thesleff said that gender equality is not just a target in itself, but a powerful factor for development. His remarks came on the sidelines of a panel discussion that was held to present the results of the International Men and Gender Equality Survey (IMAGES) in the MENA region and to …

Nihal Samir

World Trans targets EGP 150m in 2018 business

World Trans Group aims to scale business beyond EGP 150m this year, versus EGP 100m last year. Hamada Ghoneim, its chairperson, said that Egypt is among the most promising countries with a market full of investment opportunities in different fields, especially transportation, adding that the company aims to expand in the country’s real estate sector …

Sara Ibrahim

Alexandria Port size to increase by 200%

Alexandria Port Authority Chief Medhat Attia said he expects a boom in the port during the next two years. The authority is carrying out a number of megaprojects, including a logistics zone on 204,000 sqm, liquid bulk terminal with investments of EGP 150m, the Gate 54 Axis with investments of over EGP 500m, a multi-storey …

Daily News Egypt

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Konafa and qatayef: Ramadan’s most in-demand desserts

When it comes to food, Ramadan is the season of highest food consumption. Preparing the iftar meal is not the only dish people stop at, but they go on to prepare the desserts that are as important as the plethora of food that fill families’ tables.  Konafa and qatayef are inseparable part of Ramadan’s tradition …

Daily News Egypt

Ramadan in Iran

As is the case in most Islamic countries, Iranian markets prepare intensively for Ramadan and the demand for Ramadan supplies increases. It is a month filled with invitations and hospitality over iftar (breakfast) meals and suhoor (late dinner). However, Iran is slightly different when it comes to some habits and traditions in receiving Ramadan. Before …

Daily News Egypt