HHD eyes EGP 1.2bn in land sales during FY 2020/21

Company is studying new financing methods to bridge financing gap and reduce balance of financing facilities

Alyaa Stohy

CIT Ministry, Alexandria University cooperate on applied research projects using technology

The projects are aimed at using the latest communication and information technologies (CIT) to develop innovative solutions to solve practical issues in vital areas such as health and agriculture.

Mohamed Alaa El-Din

NBE signs EGP 793.9m long-term financing contract for Nile Wood Company

The agreement was made as part of the Central Bank of Egypt’s (CBE) initiative to support clients in industrial, agricultural, and contracting activities.

Hossam Mounir

Egyptian member in UN’s ECOSOC body re-elected for 2021-2024

Ezz El-Din won 49 of total 54 votes in elections held on 14 September

Sarah El-Sheikh

Faisal Islamic Bank records EGP 112.751bn in business volume during August

Bank’s total accounts grew 13.6% to about EGP 93.083bn last month

Hossam Mounir

Master Group launches EGP 6bn City Oval project at NAC

Speaking at a press conference on Tuesday, the company’s CEO, Mohamed Lashin, said the project is the company’s second at the NAC. It will be constructed on a 12-metre high…

Shaimaa Al-Aees

UAE, Israel, Bahrain sign deals formalising ties in White House ceremony

Israeli Prime Minister Benjamin Netanyahu and the foreign ministers of the United Arab Emirates and Bahrain signed the accords, marking a prominent geopolitical change in the Middle East. 

Daily News Egypt

South Korea Ambassador visits Egypt’s Aswan to enhance mutual cooperation

During the meeting, the two sides discussed possible ways to enhance cultural and economic exchanges between Egypt and South Korea.

Daily News Egypt

Egypt collects EGP 6.9bn in building violation reconciliation fees

Government deducts 25% of reconciliation value in case of immediate payment of whole amount

Shaimaa Al-Aees

Ministry of International Cooperation Signs 3 agreements Worth $885 million with Arab Funds Since Jan 2020

Finance agreements aim to support Sinai Peninsula Development Program, strengthen capacity of Health Ministry to combat COVID-19

Nehal Samir