Emirati Agthia competes with local investors to buy Egypt’s Safi
The sources added that a number of local and Gulf companies are competing to buy the Egyptian company, and among those offers is the Emirati food company Agthia, which also…
Khartoum, Omdurman witness intense battles as Sudanese conflict enters its 5th week
A Sudanese eyewitness in the Sudanese capital Khartoum reported on Monday that the area "east of the Nile in the east of Khartoum was subjected to aerial bombardment.” Another eyewitness…
Egypt to study launching renewable energy interconnection project with Europe via Italy
Egyptian Prime Minister Mustafa Madbouly witnessed on Monday the signing ceremony of a memorandum of understanding (MoU) between Egyptian Electricity Transmission Company (EETC) and the Norwegian company Scatec ASA on…
Wadi Degla Developments launches Waterside in Murano’s third phase
Investment in Murano Ain Sokhna amounts to EGP 8bn
CI Capital Concludes EGP 3.75bn Follow-on Sale of Telecom Egypt
CI Capital Egypt announced today the successful conclusion of an EGP 3.75bn follow-on sale of 162,171,802 shares of Telecom Egypt, representing 9.5% of its issued share capital. The secondary offering…
Turkish presidential election goes to unprecedented runoff
A candidate must get more than 50% of the vote to win the highly-charged race. If no one passes that threshold, the vote goes to a runoff election two weeks…
Forbes selects Hisham Talaat Moustafa among Top 100 Travel & Tourism Leaders 2023 in the Middle East
Hisham Talaat Moustafa is the only Egyptian real estate developer on the Forbes Top 100 Travel & Tourism Leaders 2023 list.
Developers list their demands to revitalise, develop Egyptian real estate sector
Main demands are providing mortgage finance for under-construction units, launching escrow accounts, and fixing interest on land loans
Pickalbatros Resort Laguna Vista celebrates its first anniversary in Sharm El-Sheikh
The Albatross Laguna Vista Resort in Sharm El-Sheikh celebrated its first anniversary in Sharm El-Sheikh. Visitors praised the resort and its continuous development, from swimming pools with a direct view…
3 Egyptian teams qualify to final stage of Huawei Global Competition in China
Three Egyptian teams have qualified to the final stage of the Huawei International Competition for Information and Communication Technology, which will be held in Shenzhen, China, from May 24 to…
