NBE arranges syndicated loan for $2.9bn oil refinery project in Upper Egypt

The National Bank of Egypt (NBE) announced on Wednesday that it has arranged the largest syndicated loan of its kind to Assiut National Oil Processing Company (ANOPC) to finance an…

Hossam Mounir

Reportage Properties records EGP 2.2bn in sales on its Montenapoleone project during 2022

The company sold 60% of the second phase of the project in only three months: CCO

Daily News Egypt

Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO

In this context, the majority of countries in the world, including Egypt — which recently hosted the UN Conference of Parties on Climate Change (COP27) — seek to expand the…

Taha Sakr

Egypt, South Korea endeavor to maintain close ties in different sectors: Hong Jin Wook

Our two countries are now in best government-to-government cooperation level of all time: South Korean Ambassador

Nehal Samir

Tax-free car import initiative for expats comes into force: Finance Minister

Some amendments have been made to the initiative. Maait said that the initially required deposit has been cancelled, and it would be enough to submit a six-month bank statement preceding…

Daily News Egypt

FRA makes amendments to mortgage finance rules to increase beneficiaries

Authority increases installment to 50% of total income: Omran

Daily News Egypt

Egypt has 1356 therapeutic tourism sites nationwide: Amr Sedky 

However, these sites lack the required infrastructure around them, except in some places, such as eco-hotels in the Siwa, Kharga and Dakhla oases, and there are also some medical hotels…

Nehal Samir

Egypt’s Health Minister receives Guinness Certificate for educating 523 children with diabetes

Abdel Ghaffar said, on Monday, that the Egyptian state has taken several steps in an effort to reduce the number of people with diabetes, foremost of which is the launch…

Daily News Egypt

Jadeer Group sells out its Code New Capital project

Al-Garf said that Code New Capital is the company’s first project in the New Administrative Capital’s (NAC) Downtown, explaining that it comprises commercial and administrative properties over 7,200 sqm, 30%…

Daily News Egypt

Dolmen Developments to launch new 3,400-sqm project in NAC

Abdel Azim Khalil — Chairperson of Dolmen Developments — said that the project comprises a ground floor and three storeys.

Daily News Egypt