EBRD grants $50m to boost LCP Fund II

Fund to focus on small- and medium-sized enterprises in Egypt

Daily News Egypt

Egypt calls for establishing Middle East nuclear-weapon-free zone

Shoukry asserts Egypt’s keenness to implement UN agenda for reactivating disarmament measures at regional and international levels

Daily News Egypt

Egypt announces 2020 largest archaeological discovery at Saqqara

The discovery of the 59 coffins in Saqqara represents the largest number of coffins in a single burial since 2019

Nehal Samir

Xiplomacy echoes call of the times at UN meetings

Xi stressed at the High-level Meeting to Commemorate the 75th Anniversary of the United Nations that "international affairs ought to be addressed through consultation among us all."

Xinhua

Egypt, Hungary foreign ministers meet in Cairo over regional developments

Both officials will discuss ongoing clashes between Azerbaijan and Armenia, fight against terrorism and illegal immigration

Daily News Egypt

Qalaa Holdings records total revenue of EGP 7.4bn in 2Q 2020

Qalaa’s top-line growth in 2Q 2020 was driven by Egyptian Refining Company’s (ERC) contribution of EGP 4bn during the period, constituting c.53% of Qalaa’s consolidated top-line.

Daily News Egypt

Taj Misr launches Ezdan, DE JOYA1 in New Capital with EGP 3bn investments

Mostafa Khalil, Chairperson of Taj Misr, said that DE JOYA1, to be built on ​​23 feddan, is a fully-serviced residential compound designed according to the highest technical specifications that suit…

Shaimaa Al-Aees

GAFI facilitates residency application procedures for foreign investors

The move comes as part of the authority's efforts to improve the investment climate and encourage more foreign direct investment to Egypt.

Daily News Egypt

Egypt Transport Minister follows up on World Bank-financed railway signalling modernisation

According to the ministry’s Thursday statement, the project covers the Cairo / Giza / Beni Suef railway line with a length of 125 km. The meeting also discussed the progress…

Daily News Egypt

Egypt’s trade deficit decreases by 51.8% in July

The value of the trade deficit amounted to about $2.28bn in July 2020, compared to $4.73bn in the same month of the previous year.

Daily News Egypt