Year: 2022

Palm Hills aims to issue sukuk worth EGP 3.25bn to finance Badia project

Company seeks to issue sukuk during current quarter: Sources

Fatma Salah Fatma Salah

Egypt is important regional energy hub for Africa, Mediterranean, and Middle East: US Ambassador

Country has proven track record of leadership in energy production, distribution, and green technologies

Nehal Samir Nehal Samir

Developing countries face growing risks due to coronavirus: World Bank

According to the 2022 World Development Report, rising inflation and interest rate…

Daily News Egypt Daily News Egypt

Petroleum Ministry signs $1.5bn facility for Assiut Hydrocracking Complex with 6 banks

Financing banks include HSBC, BNP Paribas, Italian Export Development, and Unicredit

Mohamed Farag Mohamed Farag

Egyptian economy grows by 9% in 1H 2021/22: PM Madbouly

This came during a press conference held in the Egyptian Cabinet’s new…

Daily News Egypt Daily News Egypt

CIB introduces new segment-based pricing for deposits

New pricing structure is first-of-its-kind in Egypt

Daily News Egypt Daily News Egypt

Egypt aspires to cooperate with Belgian companies to preserve coastal lands: Al-Sisi

Egypt plays important role in achieving security in Middle East and Africa:…

Bassant Mohammed Bassant Mohammed

Unemployment falls to 7.4% in December 2021: CAPMAS

CAPMAS explained in a statement on Tuesday that the size of the…

Daily News Egypt Daily News Egypt

Egypt, World Bank discuss ways to achieve sustainable development amid climate change

The minister said that the World Bank is one of the most…

Daily News Egypt Daily News Egypt

Researchers discover oldest ancestors of Egyptian snakes in Fayoum

Lead author of research, dubbed ‘Queen of snakes’, is interested in relation…

Mohammed El-Said Mohammed El-Said