Shaimaa Al-Aees

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ACUD completes allocation of second offering of capital’s lands

The Administrative Capital for Urban Development (ACUD) announced that it has completed the allocation of all lands of the neighbourhood known as R7, the second offering in the capital, according to spokesperson Khaled El Hosseini. El Hosseini explained that R7 is on 2,500 feddans and was offered on 17 December 2017, with an average price …

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Ongoing European commitments to Egypt at €11bn: EU official 

Egypt is a key partner for the EU and its most important neighbour in the Southern Mediterranean, said the head of the European Union (EU) delegation to Egypt, Ivan Surkoš, at the EU’s annual iftar event on Wednesday. “The richness of cooperation is evident in the figure of the total EU aid commitments to Egypt, which …

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ACI enters technical expertise exchange partnership with Egyptian Engineers Syndicate

The American Concrete Institute (ACI) signed an international partnership agreement with the Egyptian Engineers Syndicate to exchange technical expertise, according to a press release from the institute. The ACI said that the agreement aims to increase collaboration and cooperation through a mutual exchange of technical expertise. The institute further noted that it is very interested …

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$6.9bn trade exchange between Egypt, Eurasian Economic Community in 2017

Trade exchange between Egypt and the Eurasian Economic Community (EAEC) achieved an increase during 2017. The value of trade exchange between Egypt and the EAEC amounted to $6.9bn, with Egyptian imports at $6.9bn and Egyptian exports at $573m, according to Egyptian Minister of Trade and Industry Tarek Kabil. The EAEC includes Russia, Belarus, Kazakhstan, Armenia, …

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El-Fishawy Café opens branch in Sheikh Zayed

Badr El Din Real Estate Projects opened a branch of El-Fishawy Café—the most popular coffee shop in the Al-Hussein area of Cairo—in Mazar Mall in the area of Sheikh Zayed. The new location is the café’s first in one of Egypt’s new urban communities. Badr El Din Real Estate Projects Chairperson Mamdouh Badr El Din …

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