CBE to float $1.56bn Treasury bills

The proceeds of this issuance will be used to pay for the previous bid put forward by the CBE on 19 November 2019, through which it received $1.56bn.

Daily News Egypt

Egypt’s Al-Sisi follows up on 1.5 million-feddan reclamation project

Al-Sisi directs expansion of national project for development of desert environment given its social and developmental impact on Western Desert inhabitants

Daily News Egypt

Peruvian president resigns amid widespread protests

He made the announcement after the Peruvian Congress held a crisis session on Sunday and asked him to resign amid the social protests

Xinhua

Tallinn Black Nights Film Festival announces line-up of its 24th edition

Festival will have seven juries overseeing various sections

Daily News Egypt

6 films mark international and world premieres at Cairo Film Festival

We feel proud to annually debut new films in Cairo: Festival Director Mohamed Hefzy

Daily News Egypt

Obour Land reports 6% top-line growth in 9M 2020 

In addition, the milk segment in the company continued its surge in sales achieving almost two-fold increase in 3Q 2020, with revenues surging 150% reaching EGP 45m compared to EGP…

Daily News Egypt

Facebook most popular digital marketing channel, followed by LinkedIn in 2020: Boost

70% of business leaders agree that Whatsapp marketing will grow massively next year: Survey

Mohamed Alaa El-Din

Initial audit report had no substantial effect on CIB financial position: Chairperson

Sami stressed that CIB pays great attention to CBE notices regarding compliance issues, and that the necessary mechanisms are being put in place to avoid the repetition of these issues…

Hossam Mounir

FRA checks compliance of Sarwa’s new sukuk issuance with Sharia

Issuance to comprise 25m sukuk at nominal price of EGP 100 per unit through private placement

Alyaa Stohy

Ora Developers eyes 15%-20% sales increase in 2021

The 165-feddan ZED El-Sheikh Zayed development interweaves mixed-use, residential, commercial, retail, and entertainment facilities into its master plan.

Shaimaa Al-Aees