Al-Futtaim expects EGP 3bn in sales from three projects

Company injected EGP 16bn in Cairo Festival City project thus far out of total planned EGP 35bn through 2022, says managing director

Shaimaa Al-Aees

DM Developments launches The Groove in Ain Sokhna with investments of EGP 4bn

Company will launch mixed-use project in Fifth Settlement, developing projects in Sheikh Zayed, North Coast

Shaimaa Al-Aees

Chinese-Egyptian cooperation expected to reach $17bn in 2019: embassy

Figure includes direct investments, financial agreements

Hagar Omran

Egypt is African country with second most major hotels: Knight Frank

Knight Frank, which is a global real estate consultancy company, announced in a report that Egypt has the second highest number of major hotels in Africa after South Africa. The…

Nehal Samir

1,500 teachers to be selected for Japanese schools in June: education minister

First Arabic citation index worldwide to be ready by 2020

Mohamed Farag

Deposits up EGP 65bn, loans rise EGP 23bn in January 2018: CBE

The volume of deposits at banks operating in the domestic market jumped in January 2018 to EGP 3.39tn from EGP 3.32tn in December 2017, an increase of EGP 65bn, according…

Hossam Mounir

Agreement between EG-Gate, DHL to support SMEs’ export logistics

In the framework of activating the national e-commerce strategy with the aim of establishing an integrated system to support the export logistics of micro, small, and medium enterprises, Egyptian Global…

Mohamed Alaa El-Din

16% increase in Egyptian non-oil exports in 4M 2018: Kabil

Egypt's foreign trade exchange increased 12%, says minister of trade and industry

Nehal Samir

Al Ahly SC signs EGP 0.9bn in broadcasting, sponsorship contracts

Al Ahly's board of directors sold four-year broadcasting rights to Presentation Sports for EGP 400m on Saturday, marking an increase of EGP 230m from the previous contract. The agreement also…

Daily News Egypt

HCWW dues to electricity companies at EGP 7.8bn

The Ministry of Electricity’s dues owed by the Holding Company for Water and Waste Water (HCWW) have jumped to EGP 7.8bn, sources from the ministry said. The sources at the…

Mohamed Farag