Egypt to issue Panda bonds worth $500m

The Ministry of Finance is preparing to issue Panda bonds worth $500m in the Chinese market, according to informed sources. The Ministry has started a tender to select the legal…

Hossam Mounir

Egypt’s economy to grow 4.4% in FY 2023/24, pound to record EGP 38/USD: Fitch

Fitch Solutions expects an improvement in the growth of the Egyptian economy in fiscal year (FY) 2023/24, raising its forecast for Egypt's economic growth to 4.4% in the current fiscal…

Daily News Egypt

Mediterranean storm ‘Daniel’ causes over 3000 deaths in Libya

Egyptian high-level military delegation arrived in Libya to provide assistance  

Shaimaa Raafat

Can we get better at predicting earthquakes?

An earthquake measuring 6.2 rocked central Italy in the early hours of Aug. 24, leaving more than 200 dead and hundreds missing in the rubble of the disasters. Given the…

TheConversation

Morocco earthquake wasn’t unexpected – building codes must plan for them

More than 2,000 people died when a powerful magnitude 6.8 earthquake struck Morocco on 8 September. The epicentre was in the High Atlas Mountains, 71km (44 miles) south-west of Marrakesh.…

TheConversation

What caused Morocco’s earthquake? A geologist studying the Atlas mountains explains

The epicentre of Morocco’s devastating earthquake on 8 September was in the High Atlas Mountains, about 71km south-west of Marrakesh. Moina Spooner, from The Conversation Africa, asked Jesús Galindo-Zaldivar, who…

TheConversation

Sustainability, digital transformation at the heart of our strategy: Heidelberg Materials Egypt

Group aims to operate waste energy recovery project at Helwan cement plant in Q1 2024

Fatma Salah

EFG Corp-Solutions, Al Ahly Tamkeen to issue securitization bonds worth EGP 1.5bn this week

EFG Hermes Corp-Solutions and Al Ahly Tamkeen for Microfinance, a subsidiary of the National Bank of Egypt (NBE), are expected to finalize their securitization bond offerings this week, according to…

Fatma Salah

FRA launches index to regulate pricing of microfinance products

Index prevents client from falling into price risks that increase financial burdens: Farid

Daily News Egypt

TikTok celebrates fashion month with global creators, trends

TikTok is the place where fashion starts. The platform is home to a diverse and creative community of fashion and beauty creators, designers, models, and brands who showcase their styles,…

Daily News Egypt