News
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Egyptian property sales increase 7% in April: Aqarmap
Aqarmap, Egypt’s Real Estate Demand Index, recorded a growth of 7% in property sales in April, after a period of decline in March.
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PM witnesses inauguration of “Builders of Egypt Forum 2023”
The event is organized by the African Federation for Construction Contractors’ Association (AFCCA) in collaboration with Exlnt Communications and SCA.
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Egypt issues Golden Licenses to Beko Egypt, Bosch to establish home appliance factories
The minister gave two Golden Licenses to foreign investors operating in the sector of home appliances upping the total to 15.
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Parliament’s Plan Committee nods to raising income tax exemption limit
Raising the income tax exemption aims at saving state costs of nearly EGP 10 million.
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CBE Cooperates With International Institutions To Digitize Supply Chains
She confirmed that 60% of financial technology projects in Egypt are run by young people between the ages of 16 and 25.
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First Abu Dhabi Bank Egypt launches ‘Access’ portal for electronic payments
The “Access” portal is the latest electronic payment solution that suits the needs of all business categories.
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Spring flowers show opened at agriculture museum
A host of ambassadors along with leaderships from the agriculture ministry and Giza governorate attended the inauguration.
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Egypt: NileSat’s net profits rise in Q1-23 financial results
The total assets reached $636.60 million in Q1-23, compared to $649.88 million as of 31 December 2022.
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Suez Canal Witnesses Transit of Japanese Container Ship “ONE FRIENDSHIP” on Maiden Voyage
The container ship passed through the South convoy on its journey from Saudi Arabia to Egypt, with a tonnage of 155,000 tons.
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Sweilam: 6th CWW aims at merging water issues into climate action
This year’s event – under the theme of “Action on Water Adaptation for Sustainability” – will discuss and emphasize the adaptation actions.
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Egypt SCzone to launch bunkering service at East Port Said Port, Ain Sokhna Port in few days
The first of which began operation in November during COP 27 with a capacity of 100 megawatts.
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Sinai Cement posts lower net losses in Q1-23
The EGX-listed firm posted an annual drop in standalone net losses after tax
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Cairo tops Africa’s smartest cities: IMD report
The index included 141 capitals in the world, according to a survey of samples drawn by artificial intelligence for 14,000 city dwellers.
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Egypt unveils ancient mummification workshops, tombs in Saqqara
The workshop for humans is rectangular and designed to be divided into several rooms equipped with stony beds where the deceased lay down.
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Aladdin launched Super App, first Egyptian-made multi-service app in Egypt and Middle East
Aladdin provides over 1 million job opportunists and 500,000 service provider over a year
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Head of Egypt’s central bank calls on AfDB to expand concessional loans to member states
Governor of the Central Bank of Egypt (CBE) Hassan Abdallah urged on Friday the African Development Bank (AfDB) to increase its lending to members.
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Egypt free of polio cases
Presidential Adviser for Health Affairs and Preventive Mohamed Awad Tag-Eddin has stressed that Egypt is free of polio cases.
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Egypt has integrated, full-disclosure programme to attract private sector investment
The private sector had, over the past decades, a dominant share in the gross domestic product, ranging from 70 to 80%. That is until 2011.
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Egypt steps up efforts to tackle overpopulation
As part of the National Dialogue that began on May 3, this session was also attended by various groups from the government and society.
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Irrigation Minister calls for stepping up cooperation with African countries in water field
The meeting tackled cooperation between the irrigation ministry and the AfDB in the water resources field.