Egypt-Germany trade exchange reaches $2.5bn in H1 2024: CAPMAS – Dailynewsegypt
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced Wednesday a 4.2% increase in the trade exchange between Egypt and Germany, reaching $2.5bn during the first half of 2024, compared to $2.4bn in the same period of 2023. In
Agriculture Minister meets Indian ambassador to foster bilateral cooperation – Dailynewsegypt
Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation, received Ajit Gupta, the Indian Ambassador to Cairo, to discuss ways to enhance agricultural cooperation and related activities between the two nations. The meeting focused on advancing the agricultural partnership between
NAIA accelerates construction pace at North Coast project by 70% – Dailynewsegypt
Naia Developments has announced a significant acceleration in construction progress at its flagship project, Naia Bay, located in Ras El Hekma on the North Coast. During a recent media tour, the company showcased its commitment to delivering the first phase
Egypt unveils tax incentives to boost economy, simplify processes – Dailynewsegypt
Egypt’s Minister of Finance, Ahmed Kouchouk, announced a new package of tax incentives on Wednesday aimed at streamlining tax processes and boosting economic productivity. The announcement, made in a press conference, focuses on bolstering economic activity through simplified processes and
Al-Mashat, Kouchouk review efforts to resolve financial entanglements between NIB, Egypt Post – Dailynewsegypt
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and Minister of Finance, Ahmed Kouchouk, met at the Ministry of Finance headquarters in the New Administrative Capital to discuss the progress of measures aimed at resolving financial entanglements
Egypt’s Al-Mashat meets with Citibank to strengthen cooperation – Dailynewsegypt
Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, met with Citibank Global representatives to discuss strengthening cooperation in policies aimed at supporting macroeconomic stability and empowering the private sector. The meeting comes as part of the minister’s
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August – Dailynewsegypt
Banks and mortgage companies participating in the Affordable Housing Initiative have provided financing worth EGP 73.09bn to more than 583,700 clients until August 2024. According to a report from the Social Housing and Mortgage Finance Support Fund, 22 participating banks
Saudi-Egyptian cooperation crucial for regional security: Bin Farhan – Dailynewsegypt
Saudi Foreign Minister Prince Faisal bin Farhan said Tuesday that cooperation between Saudi Arabia and Egypt is crucial for regional security, highlighting the importance of ongoing coordination and consultations between the two countries. “We have a genuine desire to deepen
Mortgage finance for housing projects reaches EGP 74bn – Dailynewsegypt
Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, chaired Tuesday a meeting of the Board of Directors of the Social Housing and Mortgage Support Fund, during which several files and topics related to the launch and implementation of the
Q Developments announces Novotel Sidi Abdelrahman in Q North – Dailynewsegypt
Ahmed Thabet, Chairperson of Q Developments, announced that the company selected Novotel, as the operator for the upcoming international hotel currently under construction within Q North. Thabet mentioned that the hotel will be built on a 4.5-feddan area, with