Marakez develops Mall of Arabia with EGP 395m loan from Emirates NBD Egypt

The facility will be used to finance Mall of Arabia’s new development plans, including the development of Cairo’s first in-mall IKEA store in western Cairo with a gross leasable area…

Daily News Egypt

Egypt targets 6.2% budget deficit, 6.4% GDP growth in FY 2020/21

State also targets debt-to-GDP ratio of 80% in next FY, says MOF

Nehal Samir

MSCI announces November 2019 SAIR results with 13 deletions and six additions: Beltone

Egypt will witness the deletion of AMOC EY and SKPC EY

Doaa Elboraie

CBE to cut rates by 50-100bps at upcoming MPC meeting: Beltone

Beltone foresees inflation averaging 4.8% in 4Q19

Doaa Elboraie

Turkey begins to deport captured IS militants home

US national was deported, while plans to deport a German, Irish, French are underway

Fatma Lotfi

Insight Real Estate debuts third phase of its projects in west Cairo

The company has sold its first and second phases with total sales approaching EGP 350m, according to Amr Assaf, chairperson of Insight Real Estate.

Shaimaa Al-Aees

Lebanese students’ protest inspires FedSLEB to go on strike from Tuesday

The FedSLEB’s calls came amid the 26th day of ongoing anti-government protests which have been pervading the country since 17 October.

Bassant Mohammed

OIH appoints Hisham Siblini as new COO in Orascom Telecom Lebanon

Siblini will head a newly created Operations Department, grouping all Commercial, Technology and Customer Service activities, created through a restructuring process aimed at improving Alfa's operational performance and streamlining its…

Daily News Egypt

King Abdulluah announces ‘full sovereignty’ over two territories leased to Israel

Under a 1994 peace treaty with Israel, the two border territories were under Jordanian sovereignty but with a lease allowing Israeli farmers to til the land.

Bassant Mohammed

Child law amendment to include new rights for children: MP

The amendment will also develop a legislative framework that allows children to easily move from alternative care to independent life, says Maher.

Daily News Egypt