New Development Bank inaugural seminar opens in Egypt with Prime Minister in attendance

The New Development Bank (NDB) inaugurated its first seminar in Egypt on Tuesday, attended by Egyptian Prime Minister Mostafa Madbouly, Minister of International Cooperation Rania Al-Mashat, NDB President Dilma Rousseff,…

Daily News Egypt

Egypt stands as pivotal strategic partner for South Korea in Africa: Ambassador Kim Yonghyon

Over 40 Korean companies are operating in Egypt in various sectors

Mohammed El-Said

MSMEDA allocates EGP 51bn to empower 3 million entrepreneurs over 10 years

47% of funding goes to Upper Egypt, 45% allocated to women

Daily News Egypt

Attal Properties unveils ‘The 101’ project in Mostakbal City with EGP 25bn investment

Attal Properties, a leading real estate developer in Egypt, has launched its flagship project, ‘The 101’, in collaboration with Arab Contractors Company. The project boasts an impressive investment of EGP…

Daily News Egypt

CI Capital completes securitization bond issuance worth EGP 1.04bn for Aman Consumer Finance

CI Capital has completed a securitization bond issuance for Aman Securitization, with Aman Consumer Finance as the originator and portfolio manager. This issuance, valued at EGP 1.04bn, is the fourth…

Daily News Egypt

EGP 44bn designated for domestic wheat purchases from farmers: Finance Minister

Finance Minister Mohamed Maait has announced the allocation of approximately EGP 44bn for the procurement of domestically grown wheat from farmers thus far. This funding aligns with the government’s pledge…

Daily News Egypt

Al-Sisi, Blinken discuss ceasefire in Gaza

President Abdel Fattah Al-Sisi of Egypt hosted US Secretary of State Anthony Blinken in Cairo on Monday. They discussed the Gaza conflict and the humanitarian situation there. Abbas Kamel, the…

Daily News Egypt

American floating port dubbed ‘humanitarian lie’ by Gaza media office chief

Salama Marouf, the head of the government media office in Gaza, has labelled the American floating port a “humanitarian lie.” He accuses the US administration of deceiving global public opinion,…

Daily News Egypt

Egypt’s annual urban inflation declines to 28.1% in May 2024: CAPMAS

Egypt’s annual core inflation drops to 27.1% in May: CBE

Hossam Mounir