Egypt addresses climate change topics at COP26 preparatory meeting

Minister highlights importance of having agreement among countries on defining climate change

Daily News Egypt

Egyptian billionaire Naguib Sawiris launches $1.4bn gold mining fund

Egyptian billionaire Naguib Sawiris announced, on Monday, the launch of a new $1.4bn gold mining fund.

Daily News Egypt

Akam Developments introduces 3rd phase of Scene 7 project at Egypt’s New Capital

Company completes 65% of construction at Scenario project, and 30% in Scene7 project, says Hesham Kandeel

Shaimaa Al-Aees

American University, IFC agree to adapt MIT Venture Mentoring Services to Egypt

University to network of qualified mentors to guide aspiring, established entrepreneurs in Egypt throughout startup life cycle

Daily News Egypt

Egypt’s Agriculture Ministry to pump further EGP 323m into veal project

New funds will benefit 2,350 small breeders, young graduates to purchase 22,000 head of livestock

Hossam Mounir

Egypt pursues full membership in African Finance Corporation: Planning Minister

Both sides discuss opportunities for cooperation in infrastructure, renewable energy, transport, and pharmaceutical industries

Daily News Egypt

Egypt’s Financial Regulator launches e-registry for mortgage finance deals

Amendments to some provisions of Mortgage Finance Law

Alyaa Stohy

Egypt’s ITIDA disburses EGP 70m in export incentives to IT companies

ITIDA CEO Amr Mahfouz said, “The export IT programme is part and parcel of ITIDA’s strategy that primarily aims at boosting Egyptian IT exports, increasing competitiveness, and enabling them to…

Daily News Egypt

Arab Banking Corporation offers to acquire BLOM Bank – Egypt

ABC wants to buy up to 300 million shares of BLOM Bank at EGP 22.33 per share

Hossam Mounir

40 companies get tender offer prospectus for operating Egypt’s 2 public transport enterprises

Technical bids for each tender to be evaluated separately on 24 and 31 August

Alyaa Stohy