Shorouk, Madinaty, El Mostakbal hike prices by 20% in conjunction with offering housing units in New Administrative Capital

More prices hikes expected for property in El Mostakbal city as natural extension of New Administrative Capital, says Sabbour

Shaimaa Al-Aees

Drinking hot tea reduces risks of glaucoma: study

About 57.5 million people are currently affected by glaucoma: NEI

Mohammed El-Said

Committee for Investment Disputes settles conflict between Saudi businessman Al-Mehdar, Matrouh Governorate

Egypt’s Ministerial Committee for Settlement of Investment Disputes succeeded in resolving the dispute between Saudi investor Hashim Al-Mehdar and his family and Matrouh governorate, after Al-Mehdar withdrew the arbitration case…

Daily News Egypt

NAT poses tender for Metro Line 2 extension to Qalyoub city 

Authority invited 5 companies to participate in tender, including Dar Al-Handasah

Mohamed Alaa El-Din

NREA negotiates with 5 banks to obtain EGP 1bn revolving loan

The New and Renewable Energy Authority (NREA) is currently in talks with five local banks to obtain a revolving loan worth EGP 1bn to finance solar power projects with capacities…

Mohamed Farag

Parliament to discuss boycotting American products as Pence due in Cairo Wednesday

Draft law first vocal reaction against latest controversial decision by Trump

Adham Youssef

Sharm, Hurghada hotels marked as touristic hotspots, 97%, 62%, forecasted growth respectively: Colliers

Sharm El-Sheikh and Hurghada hotels were marked as touristic hotspots with a forecasted growth of 97% and 62%, respectively in revenues per available rooms (RevPAR). The surge is a result…

Mohamed Samir

FRA insurance programme supports microbusiness financing

Microbusiness financing inched up 10% in Q3

Noha Abd ElRahman

Finance Ministry considers increasing income tax for some sectors

Some sectors have not achieved targeted tax,  therefore ministry targetting tax structures to increase tax revenues

Ahmed Ismail

Local banks, foreign financial institutions offer investments worth $1.29bn in Egyptian T-bills

Highest interest rate on investment in those bills is 3.5%, while lowest rate is 3.47% and the average is 3.495%

Hossam Mounir