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.
Egypt, World Bank discuss cooperation in environment issues
Egypt is keen to integrate environmental aspects in state’s development plans
EBRD, partners acquire Egypt’s Adwia Pharmaceuticals
EBRD commits $75m to support the company’s growth in Egypt
Second phase of Egypt’s parliamentary elections sees 29.5% voter turnout
Electoral campaigning for run-off starts on 16 November until 2 December
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.
Education Ministry cares about child upbringing, not just schooling: Shawky
Education Minister says school suspension is state decision not by his ministry alone
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
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…
Egypt’s online food delivery market to reach $131m by 2024: Talabat
This came during a press conference held by the company on Monday to announce its expansion plans in the Egyptian market.
UAE receives 11% of Egypt’s total exports: Gamea
During the first meeting of the Joint Egyptian-UAE Business Council, Gamea said that the UAE investments in Egypt exceed $7bn in different projects, with additional $7bn worth memoranda of understanding…