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

Orascom Development plans to open O West Club in 3Q 2023: CEO El-Hamamsy

Company launches The Nines project in El Gouna with real estate inventory of $60m

Fatma Salah

Total investments of private insurance funds in Egypt reach EGP 102bn: FRA

The new model will help to better understand and manage the risks these funds face, enabling those in charge of managing private insurance funds to take the necessary effective corrective…

Fatma Salah

Zahi Hawass searching for Imhotep’s tomb in Saqqara

“We are now searching for Imhotep's tomb in Saqqara, and the mission has already started working in the area. We are also looking for Queen Nefertiti in Luxor,” he said.

Daily News Egypt

FM discusses with Prince Charles Egypt’s vision, goals for the next session of COP27

This was done within the framework of the ongoing consultations with all states and parties on the preparations for the COP27, which will be held in Sharm El-Sheikh this November.

Sami Hegazi

Egypt’s Al-Sisi discusses priority issues, desired goals for a more prosperous region in Jeddah Summit

Al-Sisi arrived earlier on Saturday at Jeddah Airport, where he was received by Saudi Crown Prince Mohammed bin Salman.

Sarah El-Sheikh

Banque du Caire postpones listing of its shares on Egyptian Exchange

The sources told Daily News Egypt that Banque du Caire had completed some procedures for the restructuring process before the offering, including the acquisition of its entire shares by Banque…

Fatma Salah

Volume of trade exchange between Egypt, GCC countries in 2021 estimated at $16.1bn

The value of remittances from Egyptians working in the GCC countries increased to $20.9bn in FY2020/21

Hossam Mounir