CIB leads EGP 18bn syndicated loan for Orascom Development’s O West project

Orascom Development Egypt (ODE), one of Egypt's leading real estate and tourism developers, announced that its subsidiary, Orascom Real Estate, has secured a 10-year syndicated financing facility worth EGP 18bn…

Daily News Egypt

Egypt’s microfinance portfolio approaches EGP 108bn in Q1 2026: MSMEF chairperson

Egypt's microfinance sector maintained strong growth during the first quarter (Q1) of 2026, with the total outstanding microfinance portfolio approaching EGP 108bn, according to Hala Abu Elsaad, Chairperson of the…

Daily News Egypt

Egypt’s net international reserves rise $3.6bn in H1 2026 to record $55.1bn

Egypt’s net international reserves (NIR) increased by approximately $3.62bn during the first half (H1) of 2026, reaching a record $55.072bn in June, up from $51.452bn in December 2025, according to…

Hossam Mounir

’10K Race the Coast’ launches in Egypt’s North Coast to promote sports tourism

Egypt's Minister of Youth and Sports Gohar Nabil launched the third edition of the "10K Race the Coast" in the North Coast, featuring 1,000 competitors from 30 nationalities. The event…

Daily News Egypt

Egyptian foreign minister discusses regional de-escalation with US envoy, Omani and Cypriot counterparts

Egyptian Foreign Minister Badr Abdelatty discussed regional de-escalation and measures to contain rapid military expansion in the Middle East during separate phone calls on Friday with the US special envoy…

Daily News Egypt

South Sudan inaugurates Egyptian-funded groundwater station at Juba University

South Sudan has inaugurated the Egyptian-funded "Somba" groundwater station at Juba University, part of a wider bilateral programme that has implemented 28 solar-powered drinking water stations across the country. Egyptian…

Daily News Egypt

MBG Developments partners with Hilton to launch Hilton Garden Inn at Doray Bay in Ras El Bar

MBG Developments has signed a strategic partnership with Hilton to launch the Hilton Garden Inn Doray Bay Ras El Bar within its flagship Doray Bay development in Ras El Bar,…

Daily News Egypt

Skirts that complete your style – ideas for every season

Skirts are one of the most versatile wardrobe pieces, offering endless styling possibilities across every season. From energetic mini skirts to elegant satin midis, relaxed maxi styles to casual denim…

Daily News Egypt

AstraZeneca Egypt launches first immuno-oncology summit in Cairo

Reinforcing its leadership in advancing healthcare and expanding access to evidence-based medical innovation, AstraZeneca Egypt & NEMAG launched the first edition of its Immuno-Oncology Summit, held in Cairo on the…

Daily News Egypt

Egypt pledges to resolve operational hurdles for French firms to spur $1.56bn investment portfolio

Egyptian Minister of Investment and Foreign Trade Mohamed Farid has pledged to streamline regulations and resolve operational hurdles for French businesses during a meeting with the heads of 22 major…

Daily News Egypt