Raya Holding issues EGP 562m worth securitisation bonds

The securitisation bonds were issued through receipts, financial rights, and future payment dues guaranteed by various guarantees by three of the group's subsidiaries, namely Raya Electronics, Aman for Financial Services,…

Hossam Mounir

Parliament approves new Banking Law ensuring monetary stability

The approval was given after a standing vote on the new law, with a two-thirds majority of the parliament members voting their approval.

Hossam Mounir

Egypt aims to restore Libya balance, national institutions: Al-Sisi to Trump

US President expresses his understanding of Egypt’s concerns over negative regional repercussions of Libyan crisis

Sarah El-Sheikh

Egypt’s Parliament holds secret session to mandate military intervention in Libya

Sharif reaffirmed Egypt’s support of the Libyan people, and that Egyptian parliament will not delay giving Al-Sisi "full mandate" to intervene in Libya

Daily News Egypt

Paranormal: Egypt’s first Netflix original series coming soon

The horror book series Ma Waraa Al-Tabeea sold over 15m copies across the Arab world, making it one of the most commercially successful books to ever come out of the…

Bassant Mohammed

Egypt pays EGP 6bn in export subsidy arrears for FY 2019/20

Additional EGP 7bn allocated to support Egypt’s exports in FY 2020/21 budget, says Maait

Daily News Egypt

Egyptian exports to US increase 27.5% in 2019: CAPMAS

Egyptian exports to US equivalent to 7.2% of Egypt's total exports in 2019

Hossam Mounir

Astronomers report new findings on dark energy

Dark energy is believed to drive expansion of the universe. With a better understanding, mankind will have a sense of past and future evolution of universe

Xinhua

Egypt reports strong cement sales recovery in June

June’s improvement follows on from one of the lowest monthly sales run rates on record during May. Sales have been severely impacted by the novel coronavirus (COVID-19) pandemic and the…

Alyaa Stohy

HHD presents new land development plan to government

HHD, SODIC in negotiations to reschedule payment of minimum guarantee on New Heliopolis City project

Alyaa Stohy