Cooperative Insurance Association guarantees risk of non-payment of EGP 300m in favour of NBE

CIS Managing Director Mostafa Abu Al-Azm said that the coverage was assigned by NBE from the financing of the Micro, Small, and Medium Enterprise Development Authority (MSMEDA).

Daily News Egypt

Egypt-Germany trade exchange increases to $4.8bn in 2021: CAPMAS

The agency indicated that the volume of Egyptian exports to Germany increased to $848.2m in 2021, compared to $646.1m in 2020 — an increase of 31.3% — while the value…

Hossam Mounir

Abu Dhabi-based Aldar to consider increasing acquisition bid for MNHD

If price is revised, MNHD may conduct due diligence

Fatma Salah

Meta reveals Egyptians’ favourite emojis and how they’re being used

A yellow face with tears welling up at the bottom of its two large eyes. May be used to express a range of emotions, including sadness, anger, embarrassment, admiration, and…

Daily News Egypt

Bees boost crops and could steady food prices

Yields of crops visited by insect pollinators found to be more stable

Daily News Egypt

Al-Sisi heads to Berlin for Petersberg Climate Dialogue

Summit paves way for upcoming COP27 in Sharm El-Sheikh

Sami Hegazi

Egyptian companies inject $8.1m investments in gold exploration sector

Akh Gold, a subsidiary of Altus Strategies, signed a $4.1m agreement with the Egyptian government to search for gold in nine areas in the Eastern Desert.

Mohamed Farag

Banks and companies injected EGP 46.368bn in Egypt under the Real Estate Financing Initiative

The Social Housing and Mortgage Finance Support Fund revealed in a report on Sunday that the banks provided real estate financing worth EGP 44.335bn to about 411,000 customers, while the…

Daily News Egypt

Nile Dam Dispute: Egypt’s Al-Sisi, Biden reiterate need for agreement on filling and operation of GERD

Egypt's President Abdel Fattah Al-Sisi met with US President Joe Biden on Saturday in Jeddah, Saudi Arabia. Regarding Ethiopia's Nile dam, President Biden reiterated US support for Egypt’s water security…

Daily News Egypt