HDB reports EGP 2bn in profits over FY 2019/20 despite COVID-19

Bank managed to implement strategic plan through which it seeks to be top commercial bank, says Chairperson Hassan Ghanem

Hossam Mounir

Mercon Developments to introduce 3 commercial projects with EGP 5bn investments in 2021

Vice-Chairperson Ahmed El Embaby said that the existence of an entity capable of pumping this amount of investments and developing these projects at the same time, especially in the Fifth…

Daily News Egypt

JICA to continue supporting Egypt’s educational reforms to boost women’s empowerment, gender equality

The agency’s emphasis of support came in a press statement on the occasion of the International Women’s Day, celebrated on 8 March.

Nehal Samir

Mardev Developments launches Menorca compound’s 3rd phase at NAC

Company studies market requirements before starting projects, to provide product that meets customers' aspirations, says CEO Mohamed Zohdy

Daily News Egypt

Tamayoz to debut second project in NAC

Ivory Plaza, which is a commercial, administrative, and medical project situated on 6,200 sqm in the NAC, is expected to see sales worth EGP 600m.

Daily News Egypt

Capital Intelligence confirms Egypt’s sovereign ratings with stable outlook

Company revises real GDP growth projection for FY 2020/21 upwards to 2.8%

Daily News Egypt

SIDPEC expects to finalise contractor for propylene plant by end-March

The source said that the move comes as the previous offer had exceeded the budget. They added that decisions with regards to future capital requirements, including the need for a…

Alyaa Stohy

Government inaugurates ICT projects in Kafr El-Sheikh

Digital training, innovation centre will be established in governorate with investments of EGP 100m

Mohamed Alaa El-Din

World Bank approves $440m to enhance Egypt railway safety, service quality

Railway improvement, safety project expected to cost $681.1m, including $241.1m in ENR contribution

Nehal Samir

EGX sees strong selling pressure for 5th session straight

Stocks account for 42.62% of total value traded on main market, remaining 57.38% captured by bonds over last week

Alyaa Stohy