SODIC eyes securitising receivables, keeps New Capital on radar to expand land bank

About 40,000 sqm of commercial BUA are expected to come on line in FY 2020/21

Alyaa Stohy

HSBC eyes regional growth opportunities as GDP, trade rebound

HSBC has ambitious business plans in the Middle East, North Africa and Turkey (MENAT), where a rebound in GDP and international trade will position the region as one of the…

Hossam Mounir

Tourism Minister, stakeholders discuss ways to enhance sector in Aswan

Egypt’s Minister of Tourism and Antiquities Khaled Al-Anani met with about 30 investors and hotel managers in Aswan governorate and representatives of the Egyptian Tourism Federation to discuss the conditions…

Nehal Samir

Funerary temple of Queen Nearit, wife of Pharaoh Teti, discovered

Discovery of burial wells, coffins, mummies dating to New Kingdom in 3000 BC

Nehal Samir

AU honours President Al-Sisi for his role in launching Africa’s Free Trade Area

In recognition of President Abdel Fattah Al-Sisi's efforts to launch the African Continental Free Trade Area (AfCFTA) earlier this month, the African Union (AU) organised a ceremony honouring the Egyptian…

Sami Hegazi

Nigeria Minister of Communications visits Egypt Post in Smart Village

Sherif Farouk, Chairperson of Egypt Post, received Nigeria’s Minister of Communications and Digital Economy, Issa Ali Pantami, at the authority’s headquarters in the Smart Village.

Mohamed Alaa El-Din

Egypt opens newly renovated Temple of Isis with redeveloped tourism services

Egypt’s Minister of Tourism and Antiquities Khaled Al-Anani joined the Aswan Governor, Ashraf Attia, to inaugurate the Temple of Isis in the governorate. The inauguration comes after the temple’s restoration…

Nehal Samir

Another batch worth EGP 1bn of irregular labourers’ aid underway: Finance Minister

Egypt’s Minister of Finance Mohamed Maait has said that the government will transfer EGP 1bn, on Saturday, to pay the second batch of the second phase of the country’s exceptional aid…

Daily News Egypt

Crédit Agricole Egypt releases first integrated sustainability report

Bank’s report highlights its keenness to preserve environment and commitment to Paris Climate Agreement’s target of reducing carbon emissions

Daily News Egypt

Bank ABC completes acquisition of BLOM Bank’s Egypt operations for $480m

BLOM Bank Egypt employees expect new owners’ delegation to review work system

Hossam Mounir