SCZone revenues soar to EGP 8.245bn in FY 2023/24
The Suez Canal Economic Zone (SCZone) reported a significant increase in revenue for the fiscal year(FY) 2023/24, rising to EGP8.245bn, with 72% or EGP5.932bn coming from US dollar-denominated sources, according…
Egypt plans to borrow EGP 1.013trn from local market in August, September
Ministry of Finance targets 32 T-bill auctions worth EGP 960bn, 20 T-bond auctions worth EGP 53bn over two months
Beltone Mortgage Debuts with 22.25% Market Share, Leading in Fast and Easy Home Financing
Beltone Holding, one of the fastest-growing financial institutions, has significantly expanded its footprint in the mortgage sector with its wholly-owned subsidiary, "Beltone Mortgage." The subsidiary has swiftly captured a 22.25%…
Paris Olympics: French legend Biba leads China to Olympic-breaking debut
Breaking, also known as breakdancing, has made an extraordinary journey from street corners to the prestigious stage of the Paris 2024 Olympic Games. For the first time, breaking will be…
How cycling saved Afghan rider in Olympic Refugee team
Cycling has many benefits, but for Amir Ansari, the first rider off the ramp in the men's time trial race at the Paris Olympic Games, it is more than just…
Cairo’s real estate market poised for growth amid currency stabilisation: JLL report
Around 1,300 keys are expected to be added to hospitality sector this year, dominated by 5-star properties
Al Oula targets EGP 3bn in financing
Ayman Abdel Hameed, Managing Director and Vice Chairperson of Al Taamir Mortgage Finance – Al Oula, announced that the company continues to focus on end-of-service lease and real estate portfolios…
SODIC records 87% YoY growth in net profit, 35% increase in revenues, and 34% rise in gross sales
Company's hospitality portfolio expands after adding three more hotels
Factory licences to be granted for ready-to-operate facilities only: Al-Wazir
Egypt’s Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir met with investors and manufacturers at the headquarters of the Industrial Development Authority (IDA). The…
Egypt’s Petroleum Minister, Indorama Ventures discuss fertiliser plant progress
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with Amit Lohia, Deputy Chairperson of Indorama Ventures, on Sunday to review the progress of a new high-quality phosphate fertiliser…