Pharos acts as exclusive financial adviser for Sico

Devices will be marketed locally, elsewhere in MEA region

Daily News Egypt

81.5% of world’s proven crude oil reserves located in OPEC member countries 

Middle Eastern countries contributed to the majority, 65.5%, of the Organisation of the Petroleum Exporting Countries (OPEC)’s total production in 2016, according to the OPEC Annual Statistical Bulletin 2017. OPEC’s…

Daily News Egypt

Shoukry reviews Egypt’s experience in countering terrorism in Munich

FM stressed importance of accountability for countries that fund, host terror groups

Shaimaa Raafat

Op-ed review: Writers evaluate democracy amid political developments

As the presidential election nears, the political scene continues to witness interesting turns of events. The past days were marked by controversy over the regime’s handling of political opponents. In…

Amira El-Fekki

Sudan delays tripartite ministerial meeting on GERD following Ethiopian request

Meeting was set to be held on 24 January in Khartoum

Mohammed El-Said

US Department of Commerce recommends imposing 53% tariff on steel imports from Egypt, 11 other countries

The US Department of Commerce has made recommendations to the US president to impose a tariff of at least 53% on all steel imports from 12 countries: Brazil, China, Costa…

Shaimaa Al-Aees

Al-Sisi discusses operation Sinai 2018, economic reforms with officials

President praised armed forces, police efforts to protect homeland, citizens 

Mohamed Ezz

Limited response from banks to CBE’s move to lower interest rates

ALCOs of banks operating in Egypt will hold intensive meetings Monday to study effects of CBE decision 

Hossam Mounir

Hassan Allam Properties  acquires  600 feddans  in North Coast

Hassan Allam Properties (HAP) announced the acquisition of 600 feddans in the North Coast of Egypt. HAP has previously established a second home resort, SwanLake North Coast. The development’s master…

Shaimaa Al-Aees

Will the government partner small, medium real estate companies?

As the government has recently held partnerships with some developers, such as Mountain View, Arabia Group For Real Estate Investment, and Palm Hills, many small- and medium-sized real estate companies…

Shaimaa Al-Aees