ASALDI Properties completes 1st phase sales of Shades commercial project in New Cairo – Dailynewsegypt
ASALDI Properties has announced the successful completion of the first phase of sales of its inaugural commercial project, Shades, in New Cairo. The project has secured leases for 85% of its retail spaces and sold over 50% of its
SODIC, Marriott International to debut Tribute Portfolio brand in Egypt with 2 new hotels – Dailynewsegypt
SODIC, a leading Egyptian real estate developer, and Marriott International have signed an agreement to introduce the Tribute Portfolio brand to Egypt with two new hotels. The hotels, slated to open in West Cairo in 2027 and on the
Egypt’s Water Research, Space Agencies join forces to tackle water challenges – Dailynewsegypt
Egypt’s National Authority for Remote Sensing and Space Sciences (NARSS) and the National Water Research Center (NWRC) have signed a joint cooperation protocol to bolster national efforts in water resource management and development. The protocol, announced at a workshop
New Development Bank pledges support for Egypt’s development goals – Dailynewsegypt
The New Development Bank (NDB) is committed to supporting Egypt’s development goals through financing and technical assistance, NDB President Dilma Rousseff said during the bank’s first seminar in Egypt, held under the theme “Navigating New Horizons.” Rousseff praised Egypt’s “pioneering
Egyptair, Etihad to deepen ties to enhance travel options – Dailynewsegypt
Egyptair, the state-owned flag carrier of Egypt and Etihad Airways, the national airline of the UAE have signed a memorandum of understanding (MoU) to strengthen their commercial and operational partnership. The agreement, which is subject to regulatory approvals, aims
Moscow to showcase best practices at International Municipal BRICS Forum – Dailynewsegypt
Moscow will host the International Municipal BRICS Forum on August 27-28, showcasing its best practices in urban development, Sergey Cheremin, Head of the Department for External Economic and International Relations of Moscow, announced. The forum is expected to attract representatives
EFG Hermes advises on $147m listing of Beyout Investment Group on Boursa Kuwait’s Premier Market – Dailynewsegypt
EFG Hermes, the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully advised on the $147m (KWD 45m) listing of Beyout Investment Group Holding Company K.S.C. (BIG) on Boursa Kuwait’s
New Development Bank inaugural seminar opens in Egypt with Prime Minister in attendance – Dailynewsegypt
The New Development Bank (NDB) inaugurated its first seminar in Egypt on Tuesday, attended by Egyptian Prime Minister Mostafa Madbouly, Minister of International Cooperation Rania Al-Mashat, NDB President Dilma Rousseff, and other senior government officials, international institution representatives, and development
EGP 44bn designated for domestic wheat purchases from farmers: Finance Minister – Dailynewsegypt
Finance Minister Mohamed Maait has announced the allocation of approximately EGP 44bn for the procurement of domestically grown wheat from farmers thus far. This funding aligns with the government’s pledge to bolster farmers, lighten their financial load, and thereby invigorate
CI Capital completes securitization bond issuance worth EGP 1.04bn for Aman Consumer Finance – Dailynewsegypt
CI Capital has completed a securitization bond issuance for Aman Securitization, with Aman Consumer Finance as the originator and portfolio manager. This issuance, valued at EGP 1.04bn, is the fourth within the first program, spanning three years and totalling EGP