Nawy Subsidiary ‘Nawy Now’ Secures Mortgage License from Egypt’s FRA – Dailynewsegypt
Nawy, a leading proptech company in Africa, announced that its subsidiary Nawy Now has obtained a mortgage license from the Financial Regulatory Authority (FRA) of Egypt. This milestone allows Nawy Now to offer mortgage solutions, addressing a significant hurdle for
Misr Italia Properties, REDCON Construction sign EGP 1.3bn agreement for Solaré Ras El Hekma project – Dailynewsegypt
Egyptian real estate developer Misr Italia Properties recently signed a EGP 1.3bn agreement with REDCON Construction for contracting and construction work on the Solaré Ras El Hekma project. Involving 386 feddans at kilometer 199 west of Alexandria, this initiative aligns
Egypt remains Africa’s top investment destination in 2023 for second consecutive year: UNCTAD
Egypt accounts for 18.6% of total FDI in Africa at $52.6bn
Irrigation Minister reviews progress in water productivity, modern irrigation projects – Dailynewsegypt
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, recently assessed the status of two projects implemented in collaboration with the Food and Agriculture Organization (FAO). During the meeting on Sunday, the Minister focused on two projects, the Project to
Egypt, China deepen ties: Al-Mashat signs 3 MoUs on development cooperation – Dailynewsegypt
Egypt’s Minister of Planning and International Cooperation, Rania Al-Mashat, signed three memoranda of understanding (MoUs) with Chinese officials during her visit to Beijing for the second Conference of the Forum on Global Action for Shared Development. These agreements aim to
Exceptional Performances, Great Engagement with Hakim at Delta Capital’s Luxury Beach Client Event – Dailynewsegypt
On Friday, 12 July, star singer Hakim performed at a grand event at Luxury Beach, the first Beach Club in the Delta region, as part of the exclusive events organized by Delta Capital for Urban Development for its clients. The
Egyptian Minister visits Nasr Automotive, signalling government support for industry revival – Dailynewsegypt
Egypt’s Minister of the Public Enterprise Sector Mohamed Shimi visited Nasr Automotive Company (NAC) on Saturday, in a move underlining the government’s commitment to revitalising Egypt’s automotive sector. The visit comes as NAC embarks on a strategic plan to modernise
Middle Eastern businesses face growing challenges in ethical AI integration – Dailynewsegypt
The rapid digital transformation sweeping the Middle East presents both opportunities and challenges for businesses integrating artificial intelligence (AI) technologies. While advancements in generative AI models, such as ChatGPT, offer significant benefits, ethical considerations and potential risks require careful attention.
Rotana expands in Egypt with Palma Bay resort opening in North Coast – Dailynewsegypt
Project has total investment of EGP 1.5bn
Opinion| Impact of negative interest rates on economy, citizens – Dailynewsegypt
Negative interest rates pose a significant challenge for central banks, necessitating effective strategies and policies to mitigate their adverse effects on the economy. Negative interest rates represent an unconventional economic condition where nominal interest rates fall below zero. Instead of