Emaar Alex, SIA Business Development sign EGP 4bn agreement for La Baia Sidi Abdel Rahman project

Emaar Alex Developments and SIA Business Development have signed an agreement to manage, sell, and market the La Baia Sidi Abdel Rahman project, which has a total investment of EGP…

Daily News Egypt

Egypt’s T-bills, bonds record EGP 4.966trn by end-January: Finance Ministry 

Alongside foreign bonds worth $33.96bn and €4bn, and the equivalent to $500m in Japanese yen and the same in Chinese yuan

Hossam Mounir

Egypt prepares for Ramadan with market monitoring, price control

Prime Minister Mostafa Madbouly chaired a meeting Sunday with the Board of Governors and several ministers to review the preparations for the holy month of Ramadan. The meeting focused on…

Daily News Egypt

FRA updates accounting standards, supports carbon markets

The Financial Regulatory Authority (FRA) aims to achieve the goals of regulators of the non-banking financial sector, which include ensuring its stability and safety, as well as improving the business…

Daily News Egypt

Entlaq celebrates graduation of first batch of startups from its business accelerator programme

Entlaq company for entrepreneurship celebrated on Sunday the graduation of the first batch of startups from its Business Accelerator programme, under the slogan “Entrepreneurship in Egypt … Between Historical Roots…

Mohamed Alaa El-Din

Borrell urges European unity on Palestinian issue at Munich Security Conference

Josep Borrell, the European Union’s foreign policy chief, said on Sunday that the situation in the Israeli-occupied West Bank is a major obstacle to achieving a sustainable solution that establishes…

Sami Hegazi

Egypt praises AU’s endorsement of Khaled El-Anani for UNESCO leadership

Egypt expressed its appreciation for the decision of the African Union (AU) Executive Council to support the nomination of Khaled El-Anani, Egypt’s candidate for the position of Director General of…

Sami Hegazi

Egyptian-Kuwaiti Holding to launch $120m wood factory soon: Al-Kharafi

The Egyptian-Kuwaiti Holding Company announced that it will soon launch a project for manufacturing medium-density fiberboard (MDF) in a factory with a trial opening and investments of $120m. The announcement…

Daily News Egypt

CBE cooperates with government to provide dollars needed to import components for goods: Governor

Prime Minister Mostafa Madbouly chaired a meeting Sunday to follow up on the efforts to provide basic goods, with the attendance of the Governor of CBE Hassan Abdullah and the…

Daily News Egypt

Egypt challenges Israel’s violations at International Court of Justice

Egypt has joined the request for an advisory opinion from the International Court of Justice (ICJ) on the legality of Israel’s actions in the Palestinian territories occupied since 1967, according…

Sami Hegazi