Latest in Day: July 28, 2021 Highlight

Latest in Day: July 28, 2021

Al-Sisi asserts Egypt’s keenness to achieve security, stability in Lebanon

Egypt’s President Abdel Fattah Al-Sisi has asserted Egypt’s keenness to achieve security and stability in Lebanon. He also praised the primary role played by the Lebanese National Army to maintain stability and balance in Lebanon.  Al-Sisi’s remarks came during his meeting with General Joseph Aoun, Commander of the Lebanese Armed Forces, in the presence of …

Bassant Mohammed

Opinion| Broadway returns with political theatrical show on racism

During a long period of absence, the lights of all theatres across the US were completely dimmed for more than 18 months due to the novel coronavirus (COVID-19) pandemic, threatening the theatre industry in general. It has now finally been decided to resume theatrical performances from September. However, as expected, the Broadway theatre decided that …

Marwa El- Shinawy

SODIC announces completion of first securitisation bonds issuance

The Sixth of October Development and Investment Company (SODIC) has announced the success of its subsidiary, SODIC Securitisation, in completing the first issuance of securitisation bonds worth EGP 343m. In a statement to the Egyptian Exchange (EGX), on Monday, the company said that the securitisation bonds were insured through a portfolio of notes worth EGP …

Alyaa Stohy

Egypt’s Raya Contact Center to open US affiliate

The Board of Directors at Egypt’s Raya Contact Center, a subsidiary of Raya Holding for Financial Investments, has unanimously approved establishing a new company in the US. The move comes as part of the company’s strategy aimed at enhancing its expansion in global markets, providing high-quality services, and attracting new customers. The new company is …

Daily News Egypt

EBRD approves $29.6m senior loan for Egypt’s 6th of October Dry Port

The European Bank for Reconstruction and Development (EBRD) has approved a senior loan of up to $29.6m (€25m) in favour of the October Dry Port Company (ODP), a joint stock company established in Egypt. The proposed loan is part of a total investment package of $60m to finance the design, development, construction, operation and maintenance …

Daily News Egypt

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