Egypt is not on international real estate export map: Albert

Colliers expects prices to rise 10% in 2018-2019, says Colliers International Middle East director

Shaimaa Al-Aees

Coffee, one of Egypt’s oldest consumed beverages, strives to cope with inflation

Coffee consumption has a long history in Egypt. It started with the brotherhood of Sufi Islamic mystics, who used it during prayers before it was culturally accepted. At first, religious…

Mohamed Samir

Mastercard announces roadmap for consistent contactless payments

Middle East, Africa recorded a 27-fold increase in contactless transactions in 2017

Daily News Egypt

Poland to close its trade promotion office in Egypt

The Polish government decided to liquidate its trade and investment promotion section at its embassy in Cairo starting from 1 February 2018, said head of the office Tomasz Przygoda. “30…

Hagar Omran

EPROM receives two offers to operate, maintain projects in Iraq, Kuwait

Egyptian Projects Operation and Maintenance (EPROM) received two offers to operate natural gas production and processing at Ciba field in Iraq, as well as the operation and maintenance of industrial…

Mohamed Farag

SMEDA financed SMEs with EGP 16.7bn during Al-Sisi’s first term

Projects funded since president assumed office account for 50% of total funding since 1992, Gamea says

Hossam Mounir

Kabil participates in 10th UFM trade ministers meeting 

Minister of Trade and Industry Tarek Kabil announced in a press statement on Sunday that he will participate, after an eight-year Egyptian hiatus, in the 10th meeting of trade ministers…

Daily News Egypt

Moody’s ranks Egypt’s 1st movable collateral registry as credit positive for banks

Moody’s Investors Service announced on Sunday that Egypt’s first movable collateral registry, which was launched by the Financial Regulatory Authority last Sunday, is credit positive for Egyptian banks. The newly…

Mohamed Samir

Prepaid electricity proceeds reached EGP 367m in February

Plan in place to replace mechanical metres to overcome accumulation of debts, sources say

Mohamed Farag