Egypt to witness inauguration of Julius Nyerere Hydropower Plant and Dam in Tanzania

Ahmed Abu Zeid, the official spokesperson for the Ministry of Foreign Affairs, said that the Foreign Minister will participate on Thursday in the ceremony to launch the filling of the…

Sami Hegazi

Recession hits mobile market due to high prices, supply shortage

Walid Ramadan, deputy head of the Mobile and Communications Division at the Chambers of Commerce, said that the prices of mobile phones rose at approximately the same rate as the…

Mohamed Alaa El-Din

Egypt’s social protection spending records EGP 302.2bn in FY2022/23’s draft budget

This came in the report of the Ministry of Planning and Economic Development on social protection spending for FY-2022/23.

Daily News Egypt

Pachin to decide on the acquisition offer of National Paints in early January

Elite is in the process of finalising the fair value report for the company’s shares: Sources

Fatma Salah

Ukraine’s Zelenskyy visits US to meet Biden in his first foreign trip since start of war

The highly sensitive trip marks the first time the Ukrainian president has left the country since Russia invaded on 24 February.

Daily News Egypt

Egypt re-elected to UN Peacebuilding Commission for a two-year term

He said that this election reflects Egypt’s long-standing contributions to peace-building efforts in Africa, including during Egypt’s chairing of the Peacebuilding Commission in 2021, when it represented the continent.

Sami Hegazi

Banque Misr, Banque du Caire, Misr Insurance Holding Group, Allianz Egypt launch Real Estate Investment Fund 1

Real Estate Investment Fund 1 signed a deal to purchase commercial real estate assets from Talaat Moustafa Group in Al-Rehab City and Madinaty

Daily News Egypt

Egypt’s Central Bank to decide on EGP’s interest in the last MPC meeting of 2022

The basic interest rate has been raised by 5% in 2022

Hossam Mounir

1st Advanced Placement school in El-Gouna starts accepting admissions

Manara School will use independent learning methodology with transformative approach focused on small classes

Daily News Egypt