Inertia launches new 353,000 sqm phase in Jefaira North Coast Project
The new phase spans over 353,000 sqm with total investments worth approximately EGP 3.8bn.
Urbnlanes Developments invests EGP 11bn in Egypt’s real estate market
The company also launched its next project in Egypt, East Lane, with EGP 2bn in investments
GV Developments, Amarenco Solarize sign agreement to invest $255m in Tarboul City’s infrastructure
The agreement was signed by Sherif Hamouda, Founder and Chairperson of the Board of Directors of GV Developments; and Yaseen Abdel Ghaffar, Founder and Managing Director of Solariz Egypt.
Egypt, UN commemorate 5th International Day of Remembrance, Tribute to Victims of Terrorism
The United Nations published on Sunday a touching letter from UN Secretary-General Antonio Guterres, to mark this occasion.
‘We Love Art’ exhibition interprets new reality at Italian Cultural Institute in Cairo
Held from 13 to 20 July, it featured the works of eight young artists who interpret a new reality for humanity, innovation, and technology.
169.1% increase in value of Emirati investments in Egypt in 1H FY2021/22: CAPMAS
The statistics also indicated that the value of trade exchange between Egypt and the UAE increased by $1.2bn during the first quarter (1Q) of 2022, compared to $1.1bn during 1Q…
Arab Monetary Fund expects Egyptian economy to achieve growth of 5.5% in FY2022/23
The fund indicated in its newly issued Arab Economic Outlook 2022 Report that the Egyptian economy achieved a growth of 3.3% during FY2020/21 as a result of the recovery of…
Newly appointed Tourism Minister inspects latest developments in GEM
The GEM is considered one of the largest and most important aspects of public spending for employment and supporting tourism
General Committee of Tawteen initiative discusses final preparations for its official launch
The Tawteen Initiative aims to automate 400,000 points of sale (PoSs) at retailers in various governorates by providing an integrated package of applications, technical support and training, and easy financing…
Rx Healthcare to invest EGP 1.5bn in acquisitions
The sources told Daily News Egypt that negotiations regarding the acquisition are still ongoing, with potential aggregate deal values exceeding EGP 1.5bn, supporting the platform’s strategy of expanding its investments…