Year: 2022

Egypt’s Urban Development Fund opens reservations for Darah project through HDB

Darah achieves the presidential initiative objectives to improve the level of housing…

Shaimaa Al-Aees Shaimaa Al-Aees

MSMEDA develops Nasiriya Market to finance new projects in cooperation with U, EIB, and Alexandria

Her statements came on the side-line of the inauguration of the Nasiriya…

Daily News Egypt Daily News Egypt

Banks pump EGP 51bn to 454,000 customers as part of real estate financing initiative for low-income people

Banque Misr came in second place with total financing of EGP 12bn…

Hossam Mounir Hossam Mounir

Egypt seeks to activate outputs of COP27 during G20 Summit in 2023: Foreign Ministry

Raji Al-Itribi, Egypt’s representative to G20, and Assistant Foreign Minister for Multilateral,

Sami Hegazi Sami Hegazi

PIF in talks to acquire United Bank in Egypt for $600m: Bloomberg

The PIF aims to complete the acquisition by 1Q 2023

Fatma Salah Fatma Salah

Al-Sisi stresses need to embrace human rights, freedoms in their comprehensive sense

President Al-Sisi stressed the need to continue embracing human rights and freedoms…

Sami Hegazi Sami Hegazi

EFG Hermes concludes advisory on valU’s securitized bond issuance worth of EGP 854.5m

Commenting on the issuance, Maie Hamdy, Managing Director - Debt Capital Markets…

Daily News Egypt Daily News Egypt

Egypt, World Bank Group discuss developments of social housing financing programme

The meeting also included Robert Bogoda, Director of Operations in the Middle…

Daily News Egypt Daily News Egypt

Egypt invests EGP 7.4bn in tourism sector during FY 2022/23: Planning Minister

Minister of Planning and Economic Development Hala El-Said said that tourism is…

Daily News Egypt Daily News Egypt