MCIT begins 2nd phase of fish resources automation
The project aims to develop fish resources through information system and remote sensing. These systems would help early detection of any violations to lakes and fisheries.
General Developer system key to advancing Egyptian real estate
Chairperson and Managing Director of Orientals for Urban Development (OUD) Asser Hamdy said that the general developer model were successful in some new cities, such as Marsa Alam, but they…
Developers demand continuous, unlimited financing mechanism of mortgage loans
Egypt’s Ministry of Housing demanded the provision of logical payment periods for residential units instead of long payment periods.
Oriental Weavers invest $10m in new expansions to boost sales
Oriental Weavers revenues for fiscal year (FY) 2019 came in at EGP 10.1bn (-2.6% year over year (YoY)) owing to the -5.0% YoY decline in EGP-denominated prices and 2.5% expansion…
Egypt’s trade deficit decreases 10.8% to $3.45bn in December 2019: CAPMAS
Exports of crude oil, ready-made clothes, plastics, fruits have increased, says report
PHD eyes EGP 1.2bn securitisation issuance in 2020
Palm Hills Developments sales grow 20% YoY to record EGP 14.9bn in FY2019
Egypt, WBG discuss expanding cooperation fields through future strategic partnership
Malpass optimistic about next wave of structural reforms
Humans inhabited India spanning Toba super-eruption 74,000 years ago
Toba super-eruption was about 5,000 times larger than Mount St. Helen's eruption
NBE, EGOTH sign EGP 435m financing agreement to renovate Mena House Hotel
Project’s total cost is EGP 580m, NBE contributes 75% over 7 years
New vaccine for COVID-19 released
The COVID-19 disease has spread to 34 countries, killing more than 2,600 people globally