CIB – Egypt celebrates five years of sustainability reporting

Event highlights importance of Bank’s commitment to creating shared value while contributing to Egypt’s economic growth during global pandemic

Daily News Egypt

Netherlands contributes $6m to IFAD’s Rural Poor Stimulus Facility

Dutch funding to IFAD will help avert COVID-19 food crisis

Nehal Samir

Palm Hills Developments achieves EGP 2.9bn sales in 3Q 2020

Net Profit for the quarter grew 156% y-o-y, reaching EGP 238m, complemented by positive cash flows from operations of EGP 1.1bn.

Alyaa Stohy

Egypt, World Bank discuss cooperation in environment issues

Egypt is keen to integrate environmental aspects in state’s development plans 

Daily News Egypt

EBRD, partners acquire Egypt’s Adwia Pharmaceuticals

EBRD commits $75m to support the company’s growth in Egypt

Nehal Samir

Second phase of Egypt’s parliamentary elections sees 29.5% voter turnout

Electoral campaigning for run-off starts on 16 November until 2 December

Sarah El-Sheikh

Local, international financial institutions offer to invest $1.755bn in CBE’s T-bills

The CBE floated the $1.56bn worth T-bill tender for a year, due on 16 November 2021.

Hossam Mounir

Education Ministry cares about child upbringing, not just schooling: Shawky

Education Minister says school suspension is state decision not by his ministry alone

Bassant Mohammed

Women hold 45% of government jobs in Egypt, above global average of 32%: El-Said

7.1% of executive positions in Egypt are held by women, which is higher than 5.4% average in MENA region, says Planning Minister

Daily News Egypt

Social infrastructure availability in mixed-use developments increases real estate demand: Colliers

Colliers International has conducted a comprehensive research in Cairo regarding which factors determine price premium. The results for a well-designed mixed-use project could range from a premium of 25% to…

Shaimaa Al-Aees