IMF loan to help Egypt absorb shock of global economic crisis, attract FDIs: Head of parliament’s budget committee

IMF loan negotiations, Gulf investments, and debt reduction are main axes of recovery, says MP Fakhri Al-Feqi

Fatma Salah

Egypt’s real estate projects need official unified platform to be exported: Federation of Chambers of Commerce

This is especially so since Egyptian real estate is one of the cheapest in the region.

Daily News Egypt

Inertia launches new 353,000 sqm phase in Jefaira North Coast Project

The new phase spans over 353,000 sqm with total investments worth approximately EGP 3.8bn.

Daily News Egypt

Urbnlanes Developments invests EGP 11bn in Egypt’s real estate market

The company also launched its next project in Egypt, East Lane, with EGP 2bn in investments

Daily News Egypt

GV Developments, Amarenco Solarize sign agreement to invest $255m in Tarboul City’s infrastructure

The agreement was signed by Sherif Hamouda, Founder and Chairperson of the Board of Directors of GV Developments; and Yaseen Abdel Ghaffar, Founder and Managing Director of Solariz Egypt.

Daily News Egypt

Egypt, UN commemorate 5th International Day of Remembrance, Tribute to Victims of Terrorism

The United Nations published on Sunday a touching letter from UN Secretary-General Antonio Guterres, to mark this occasion.

Sami Hegazi

‘We Love Art’ exhibition interprets new reality at Italian Cultural Institute in Cairo

Held from 13 to 20 July, it featured the works of eight young artists who interpret a new reality for humanity, innovation, and technology.

Daily News Egypt

169.1% increase in value of Emirati investments in Egypt in 1H FY2021/22: CAPMAS

The statistics also indicated that the value of trade exchange between Egypt and the UAE increased by $1.2bn during the first quarter (1Q) of 2022, compared to $1.1bn during 1Q…

Daily News Egypt

Arab Monetary Fund expects Egyptian economy to achieve growth of 5.5% in FY2022/23

The fund indicated in its newly issued Arab Economic Outlook 2022 Report that the Egyptian economy achieved a growth of 3.3% during FY2020/21 as a result of the recovery of…

Daily News Egypt

Newly appointed Tourism Minister inspects latest developments in GEM

The GEM is considered one of the largest and most important aspects of public spending for employment and supporting tourism

Daily News Egypt