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Egyptian, Japanese priorities currently converging

“The Egyptian and Japanese priorities are now converging. Egypt would like to benefit of its chair of the African Union to promote business relations with other regions, and Japan is interested in encouraging not only the official development assistance, but also trade and investment relations,” Japanese ambassador to Egypt Masaki Noke told Daily News Egypt. …

Nihal Samir

Crude oil slump, as Trump threatens further China tariffs

Oil prices slumped, on Monday, with Brent crude futures recording $69.78 per barrel, down $1.07, following the United States President Donald Trump’s announcement that he would sharply raise tariffs on Chinese goods this week, risking the derailment of trade talks between the two largest economies. On Sunday, Trump wrote on Twitter account that, “For 10 …

Mohamed Samir

Un Certain Regard 2019 reveals jury members

Chaired by Lebanese director and actress Nadine Labaki, the jury of three women and two men will reveal its prize-winners on 24 May, during the Un Certain Regard closing ceremony. The first is Marina Foïs, who began her acting career on stage, first by herself and then with the “Robin des Bois” troupe. After Dominique …

Daily News Egypt

Ramadan begins: history of moon sighting in Egypt

Muslims around the world celebrate on Monday the beginning of Ramadan. One of the most important religious events is the night of Roaya (moon sighting), and it marks the last night in the month of Sha’ban, and the beginning of Ramadan. Fasting Ramadan is linked to three moon sighting nights: the first is of Sha’ban, …

Amal Ibrahim

LNA urges troops to continue Tripoli battle in Ramadan

The Libyan National Army (LNA) urged its troops engaged in Tripoli clashes to battle harder and teach their enemies an even bigger lesson, Reuters reported. LNA Commander Khalifa Haftar was quoted as saying that soldiers should fight harder because the Muslim month of Ramadan which begins on Monday is a month of holy war. “Officers …

Daily News Egypt

Better Home decides to abolish expenses of unit’s ownership transfer

The board of directors of the Better Home Group company issued a decision to abolish expenses of transferring units’ ownership in the company’s projects, estimated at about 6% of the total value of the residential unit, as a facilitation for customers. The company pointed out that the board of directors decided to abolish these expenses …

Shaimaa Al-Aees

Mariout Hills launches first sustainable city in North Coast

The investment cost for the first phase of the first sustainable “eco-city” in Egypt is EGP 2.4bn, Ahmed Hassan, chairperson of Mariout Hills Developments, a specialist in sustainable cities, said. Hassan noted that the eco-city will be located in the North Coast, explaining that it will comprise of residential units which comply with all globally …

Shaimaa Al-Aees

Trulia for Real Estate to contract with 30 developers to market their projects

Trulia for Real Estate has started contracting with a group of leading real estate developers in Egypt to market their residential, commercial, and coastal projects, and is negotiating to include more projects in its marketing portfolio. Ahmed Abdel Naeem, chairperson of Trulia, said his company has started contracting with 30 real estate companies to market …

Shaimaa Al-Aees

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