Latest in Day: January 18, 2021 Highlight
Latest in Day: January 18, 2021
Egyptian Defence Minister, Greek Chief of Staff discuss military relations
The Egyptian Defence Minister praised the strategic partnership relations between the Egyptian and Greek armed forces in various fields
632 rioters arrested in Tunisia following looting, vandalism
Tunisia imposed a general lockdown between Jan. 14 to 17, which prompted clashing between displeased young people and security forces.
Egypt unveils remains of Roman fort in Aswan
The Central Administration of Antiquities of Upper Egypt, Mohamed Abdel Badie, said that the Coptic church was built on the ruins of the Roman fort
Al-Sisi in Jordan for talks on boosting ties, protecting Arab national security
Egyptian President Abdel Fattah Al-Sisi, Jordanian King Abdullah II exchange views on regional issues of common interest.
Inflation in Egypt decreases to 5.7%, lowest in 14 years: Prime Minister
Government investments amounted to EGP 324bn over past two years, Madbouly told parliament
EgyptAir makes 1st flight to Doha following restoration of ties
Egypt officially reopens its airspace to Qatari aircraft last Tuesday
Cigarette prices up EGP 0.25 to finance healthcare insurance programme
Eastern Company upgrades its production facilities, increasing capacity to 250m cigarettes/day
Annual Sundance Film Festival kicks off on 28 January
The annual Sundance Film Festival, the celebration of independent film founded by award-winning US actor Robert Redford, will take place from 28 January to 3 February. The festival’s 2021 edition will be held virtually, and in the spirit of the festival, SundanceTV in the Middle East and North Africa (MENA) region has cherry-picked some of …
Medical Union Pharmaceuticals targets 16% sales growth to EGP 2.9bn in 2021
Company plans to inaugurate three production lines in Q1 of 2021
Arkadia Mall to house wholesale mobile accessories hub with EGP 100m investment
Mall to open 60 mobile accessories shops on 29 January, with 60 others set to be launched during next three months
Ukraine launches new official website
Website highlights country’s cultural richness, history and ambitious visions for future
Egypt top recipient of EBRD’s investments in SEMED region during 2020
Country accounted for more than €1bn of bank’s total €2.13bn development financing provided to SEMED countries, says Minister Al-Mashat
Planning Minister outlines updates of ‘Be an Ambassador’ sustainable development initiative
In preliminary stage, trainees learn practical skills such as self-marketing, negotiation skills, and writing CV
Egypt records 5% average headline urban inflation in 2020: CBE
Real GDP growth records -1.7% in Q2 of 2020, before recovering to 0.7% during Q3 of 2020
Egypt offers extra stimulus package for IT exporters
ITIDA launches IT export programme covering proceeds for 2019 and 2020
Egypt provides EGP 21bn to support exporters during 2020: Finance Minister
1,069 companies benefit from lump-sum payment initiative to settle export subsidy dues before 2021, says Minister Maait
Arab Parliament accuses HRW of distorting human rights situation in region
Organisation’s information based on lies and misinformation, says Al-Asoumi
Egypt condemns Israel’s approval for 780 new settlement units in West Bank
Egypt has condemned the Israeli authorities’ approval of a project to construct 780 new settlement units in the occupied West Bank, as a new violation of international law. Ahmed Hafez, Spokesperson for the Ministry of Foreign Affairs, reiterated Egypt’s total rejection of the continued settlement in the occupied Palestinian territories, including in East Jerusalem. He …
Concept Development set to launch its 1st project in New Capital
Egyptian real estate developer, Concept Development, is preparing to launch its first project in the New Administrative Capital (NAC) during the first quarter (Q1) of 2021, according to the company’s Chairperson Ehab Aboelmagd. Aboelmagd told Daily News Egypt that the project is a commercial, administrative, and medical mall that boasts various units of varying sizes, …
Commercial, administrative projects enjoy huge growth potential: Misr Italia CEO
There is huge potential for growth in commercial and administrative projects in Egypt, said Mohamed Khaled El Assal, CEO and Managing Director of Misr Italia Properties. Customers’ needs are also constantly changing, and the sector has had to undertake a commensurate adjustment to cater to these needs. It has done so by introducing new and …
Director Bong Joon Ho named President of Venice Film Festival’s Jury
Jury will award Golden Lion for Best Film, as well as other official awards
US presidential inauguration to see celebrity line-up with National Guard deployed in Washington DC
Lady Gaga, Jennifer Lopez to perform at ‘diverse’ Biden inauguration
Copenhagen Documentary Festival postponed to April due to COVID-19
The annual Copenhagen International Documentary Film Festival, CPH:DOX, will move from March 2021 to the end of April, due to the current coronavirus (COVID-19) shutdown in Denmark. The decision has been made to better allow for physical events and screenings at film theatres, particularly as restrictions are expected to continue in the upcoming months. At the same …
Egypt real estate developers project price hikes in 2021
Price increases will appear in conjunction with market rebound, return of real demand for property during coming period: Pundit
Orascom Construction consortium signs MoU to build Egypt’s 1st high-speed rail system
Orascom Construction PLC has announced that it has signed a Memorandum of Understanding (MoU) with the National Authority for Tunnels (NAT) to design, install and commission Egypt’s first high-speed rail system.
Egypt receives 19 new railcars under deal to manufacture, supply 1,300 units
Deal is worth more than €1.16bn
NUCA sells 5k-feddan land plot in Capital Gardens City to TMG subsidiary
Project will see EGP 500bn of investments and create 3.5m jobs, says Hisham Talaat Moustafa
Tamayoz debuts Ivory Plaza New Capital’s 2nd phase
Project is targeting total of EGP 600m in sales
Egypt’s intelligence chief flies to Ramallah ahead of Palestinian elections
Chief of Egypt’s General Intelligence Service, Abbas Kamel, also held a meeting with the heads of Jordanian and Palestinian intelligence services