Year: 2023

Orascom Construction to build Soul Luxury Beach Resort on North Coast for EGP 1.9bn

Orascom Construction, a leading engineering and construction company in Egypt, has signed…

Daily News Egypt Daily News Egypt

Palestinian Ministry welcomes reports that urge accountability for Israel’s crimes

The Palestinian Ministry of Foreign Affairs expressed its appreciation for the reports…

Sami Hegazi Sami Hegazi

GlobalCorp raises EGP 2.54bn from its fourth securitization bond

GlobalCorp, a leading non-banking financial institution (NBFI) in Egypt, has successfully issued…

Daily News Egypt Daily News Egypt

Egypt seeks to attract more South Korean investments, says Finance Minister

Egypt is eager to expand the scope of foreign investments in the…

Daily News Egypt Daily News Egypt

Egypt aims to launch first centre for recycling construction, demolition waste

Egypt’s Minister of the Environment Yasmine Fouad met with representatives of the…

Daily News Egypt Daily News Egypt

Abu Dhabi Holding to invest $800m in three Egyptian companies with government guarantee

Abu Dhabi Development Holding, a state-owned investment company in the UAE, has…

Fatma Salah Fatma Salah

Egypt hires HSBC to negotiate with German lenders for Siemens station sale

Egypt’s Electricity Holding Company (EEHC) has authorized the Sovereign Fund of Egypt…

Fatma Salah Fatma Salah

Eastern Company stake sale to be completed by mid-2024

The government is expected to finalize the sale of a stake in…

Daily News Egypt Daily News Egypt

Egypt reaffirms support for Sudan amid crisis, Al-Burhan visits Cairo

Egypt’s President Abdel Fattah Al-Sisi met with the Chairman of the Sudanese…

Shaimaa Raafat Shaimaa Raafat

Saudi energy giant ACWA Power to pump $10bn into Egypt’s green sector: CEO

Firm to develop solar, wind, and water desalination projects in Egypt, says…

Fatma Salah Fatma Salah