NREA hands over 2,500 km of land to other state agencies due to encroachments

Total 5,200 km of land allocated to energy projects after deducting encroachment

Mohamed Farag

IPO of Ghazl El-Mahalla FC on EGX to take place next Sunday

Prime Capital will promote and cover the subscriptions.

Fatma Salah

Egypt’s Sovereign Fund to establish sub-fund with $4bn state assets

Soliman explained, in an interview with Al-Arabiya TV, on Monday, that the sub-fund, to be announced within days, will include several companies that have been identified after surveying many partners.

Daily News Egypt

Shoukry in Germany to sign agreement for hosting COP27

Ahmed Hafez, the spokesperson for the Ministry of Foreign Affairs, said that on the sidelines of his participation in the meeting, Minister Shoukry is scheduled to sign an agreement that…

Daily News Egypt

Luxor Governor, Hisham Talaat Moustafa lay cornerstone of Four Seasons Luxor project

Mervat Hataba, Chairperson of the Holding Company for Tourism and Hotels, attended the event.

Daily News Egypt

FAS Labs, valU partner to offer digital consumer finance services in Saudi Arabia

Agreement will accelerate expansion of valU, provide digital consumer finance solutions in Saudi Arabia through FAS Finance

Daily News Egypt

CBE receives 23 offers worth $565.1m to cover dollar-denominated T-bill issuance

Proceeds of issuance to pay off previous bid that was put forward on 8 June 2021, with same value

Hossam Mounir

World Bank raises its forecast for Egypt’s economic growth by 0.6% for FY2022

The report said that Egypt’s growth slowed in early 2022 following a boom in the first half of the fiscal year. Export revenues in March soared about 80% above pre-pandemic…

Shaimaa Al-Aees

Every Story has a Scene, and Every Act has a Scene

"Al Mashhad.. a platform that extends all boundaries, merging television with digital broadcasting 

Daily News Egypt

HSBC pledges EGP 1bn in loans for tech entrepreneurs

New pledge is HSBC’s third high growth SME lending proposition in 6 months

Hossam Mounir