ACUD, Alliance Worldwide Consortium partner in 600-feddan development project

Project will see ACUD take 55% stake, against 45% for AWWC, says Abdeen

Shaimaa Al-Aees

487 hotels, resorts across Egypt receive health, safety certificate

30 diving centres, 13 yachts, and 4 marine activity centres also receive certificate to reopen

Daily News Egypt

CIAM targets EGP 10bn asset management portfolio year-end

We intend to bring our electronic expertise to funds we manage, similar to Suez Canal Bank fund, says Aboul Enien

Alyaa Stohy

SCB chief reveals details of EGP 250m cash investment fund launch

New fund provides effective tool in cash management field, provides tax benefits, says bank chief

Hossam Mounir

Egypt sees 13.5m mobile wallets end-May: NTRA

According to the report, deposits, cash withdrawals, and transfers were the top three most used services in these transactions by subscribers.

Mohamed Alaa El-Din

Egypt to hold Senate elections on 11-12 August: NEC

The NEC said that the election process for expatriate Egyptians is set to start on 9 and10 August, with the elections result to be announced on 19 August.

Bassant Mohammed

Challenges and prospects for Egypt-US economic ties amid coronavirus

On America’s Independence Day, how far will Cairo-Washington trade grow under pandemic effects?

Nehal Samir

Banks in Egypt switch to IBAN standard to ease cross-border transactions

IBAN used in international transfers, standard method for accurate identification of bank accounts

Hossam Mounir

5 killed, 10 injured in bomb attack in southwest Somalia

On Saturday morning, another bomb attack happened in front of the revenue headquarters in the capital of Somalia, Mogadishu, injuring seven people

Xinhua

GERD talks between Egypt, Ethiopia and Sudan to continue Saturday

Egypt’s Ministry of Irrigation says several technical and legal points over GERD remain stumbling bloc

Mohammed El-Said