Madaar introduces 250-feddan Azha North resort with EGP 16bn investment

Chairperson and CEO of Madaar Development Gasser Bahgat stated that the new project is being built on ​​250 feddan (1million sqm) in the North Coast, with initial investments worth approximately EGP…

Daily News Egypt

Property developers suggest solutions to overcome bottleneck in market

Mortgage finance is only and optimal solution to get out of global crisis, says Hisham Talaat Moustafa

Shaimaa Al-Aees

Egypt’s PM visits Daqahleya to inspect projects of the Decent Life Presidential Initiative

The PM began his tour in the Sherbeen Centre, where he stressed that the state is remains adamant in its efforts to implement the initiative despite all the difficulties and…

Daily News Egypt

UAE’s Chimera submits mandatory takeover bid for Beltone

Beltone is in process of appointing independent financial adviser to determine fair value of its share

Fatma Salah

Egyptian agricultural exports record 3.5 million tonnes in 5M 2022

Egypt exports 350 different agriculture products to more than 150 countries

Daily News Egypt

Aman consumer finance to issue securitisation bonds worth EGP 650m

Subscription to Aman cash fund will be closed within two months

Fatma Salah

Egypt’s Environment Minister, AFD discuss bilateral cooperation ahead of COP 27

Meeting discussed cooperation in initiatives that will be announced during COP 27

Daily News Egypt

Stabilis Food Systems, SL partners with AWA Food Solutions to deliver food ingredient solutions in Middle East and Africa

The agreement brings together in-depth knowledge of food ingredients, turnkey solutions and deep market understanding of Stabilis Food Systems, SL with the consolidated experience in raw material sourcing, operation and…

Daily News Egypt

Al-Sisi, Latvian FM discuss consequences of Russian-Ukrainian war on global economy

In a statement, Presidential Spokesperson Bassam Rady said that the president stressed Egypt’s keenness to strengthen cooperation and bilateral relations with Latvia and maintain coordination on political issues of mutual…

Sami Hegazi

IMF Executive Board approves $ 6.72m disbursement for Gambia 

The Executive Board of the International Monetary Fund (IMF) has approved the immediate disbursement of SDR 5 million, about US$ 6.72 million for the Gambia. In a press statement, the…

Mohamed Samir