Libyan negotiations in Egypt last chance for settlement to elections: analysts

Analysts said the negotiations are crucial and the last chance to reach a consensus on a Libyan constitutional draft that may lead to successful elections. However, if the negotiations fail,…

Xinhua

Ethiopia’s Abiy Ahmed faces fresh discord as ex-allies revolt

Ethiopian civilians and children are only losers of conflicts between heinous parties eyeing power

Islam Gabr

China seeks to harmonise Belt and Road Initiative with Egypt’s 2030 Vision

In a press conference held by the Chinese Embassy in Cairo, Wang added that the Chinese side is ready to work with the Egyptian side to implement the consensus reached…

Daily News Egypt

Egyptian start-ups attracted $380m in financing in the first 5 months of 2022

Mahfouz explained that Egypt is witnessing unprecedented booms in the telecommunications sector, starting with the digitisation of government services, the volume of investments in infrastructure, start-up companies, and the training…

Mohamed Alaa El-Din

State Ownership Document to attract foreign investments: Al Bostany

Document clarifies market exit procedure in some economic sectors, including real estate industry

Daily News Egypt

AkamAlRajhi Developments: Egyptian-Saudi partnership to develop urban real estate projects

In a press conference to announce the partnership, Abdulwahab Saleh AlRajhi, Chairperson of AlRajhi Saudi Group, stated that Saudi businessmen are happy to invest in Egypt, especially with the tremendous…

Daily News Egypt

Proposal to provide mortgage for under-construction units stimulates local market, but needs CBE support

The value of finance provided by mortgage finance companies amounted to EGP 8.1bn in 2021, and reached nearly EGP 4bn in the first quarter of the current year. The Committee…

Shaimaa Al-Aees

Real estate, automotive sectors affected by local currency devaluation: OLX Egypt

The study showed a 15% reduction in real estate listings during June compared to May, and 35% decline in June car listings compared to March.

Daily News Egypt

African Ministers of Finance, Economy, Environment to discuss financing and climate issues

This came in a bilateral meeting with Malian Minister of Finance and Economy Alousseni Sanou on the side-lines of their participation in the annual meetings of the African Export-Import Bank…

Daily News Egypt

HSBC Egypt launches Green Personal Finance for more sustainable choices

HSBC Green Personal Finance is available exclusively for the purchase of electric vehicles or solar panels for homes and associated installation expenses

Hossam Mounir