AfDB offers $5m grant to establish AfCFTA secretariat

Secretariat to be located in Ghanaian capital, Accra

Shaimaa Al-Aees

Parliament approves law on redrawing parliament electoral districts

New law one of five that will pave way to Egypt’s parliamentary elections in November

Sarah El-Sheikh

Over 100,000 visit Egypt’s Red Sea since inbound tourism resumes

Tourists came from Belarus, Ukraine, Switzerland, Hungary, and Serbia

Nehal Samir

Al-Sisi directs banks in Egypt to continue local market support, development financing

About EGP 180bn has been invested in 120,000 companies as part of CBE initiative to support MSMEs, says CBE Governor

Hossam Mounir

PwC Middle East survey addresses need for technology, private sector investment

Total of 67% surveyed believe digital innovation will transform or cause significant change to infrastructure over next two years

Daily News Egypt

Egypt allocates EGP 900m to youth establishments in FY 2020/21: Minister Ashraf Sobhy

Three developers competed for Cairo Stadium development, Youth and Sports Ministry to decide best offer, says Sobhy

Abdulrahman Al-Shuweikh

UN tribunal convicts Hezbollah member, acquits 3 others in Hariri assassination

No direct evidence of Hezbollah leadership or Syrian government involvement in Hariri killing, says court

Fatma Lotfi

GERD parties hope for consensus at renewed talks on 28 August

Talks on Ethiopian dam’s filling, operation aim to reach binding agreement between countries involved

Mohammed El-Said

Egypt to launch new renewable energy projects by year-end: Electricity Minister

‘We received offers to buy energy at 2.45 piasters from solar power plants, 3 piasters from wind farms,’ says Shaker

Mohamed Farag

NUCA issues 60 decisions for development projects in August: Assistant Housing Minister

NUCA initiates new land allocation system, entitled the Market Oriented Mechanism

Shaimaa Al-Aees