Egypt invests EGP 7.4bn in tourism sector during FY 2022/23: Planning Minister

Minister of Planning and Economic Development Hala El-Said said that tourism is a major driver of the global economy, as it alone generates about 10% of the GDP, and accounts…

Daily News Egypt

New Era Education, Bloom UAE & New Giza Development bring the renowned Uppingham School To Cairo

The top ranked British School to open a branch campus for 2024-2025 Academic Year

Daily News Egypt

alBaraka Capital launches ‘Tanfeez’ company for real estate investment

Company represents new addition to AlBaraka Bank Group, says Hazem Hegazy

Hossam Mounir

Vortex Energy injects second investment tranche of €46m in Ignis

Sources told Daily News Egypt that Vortex Energy will invest up to €476m through its newly launched Vortex Energy IV Fund and its co-investors into Ignis via a series of…

Fatma Salah

HCFI receives 7 local, international offers for partnership in food projects: Chairperson

Hassanein explained that the investment opportunities offered are represented in the Borg El Arab in Alexandria in an area of​​137,000 square meters. It includes factories for oil extraction, refining and…

Daily News Egypt

Launching the second annual edition of the Impact@Work social entrepreneurship programme

With the sponsorship of Citi Foundation, 54 university teams will compete in Enactus Egypt’s competition in 2023

Hossam Mounir

Reducing psychological distance between Egypt, South Korea is diplomacy’s significant outcome: Korean ambassador

“Of course, there is a long way to go. The road is long but let`s make a bright and better future together and that's why we need your efforts forever,”…

Nehal Samir

GB Auto sells 7.5% of MNT Investments to UAE’s Chimera

GB Auto said last November that the target shares would be sold at a value of $60m, or $71.3m if specific conditions were met.

Fatma Salah

Cairo Chamber of Commerce calls for solving cargo accumulation crisis

Last August, the Ministry of Finance announced facilitating the release of imports at ports. Minister of Finance Mohamed Maait said that importers who completed all customs procedures, with the exception…

Daily News Egypt

Banque du Caire achieves EGP 4.8bn profits before taxes in September 2022

Bank’s positive growth reflects success of its business plan: Tarek Fayed

Daily News Egypt