Latest in Day: August 5, 2021 Highlight

Latest in Day: August 5, 2021

Al Atries Company offers to fully acquire affiliate Amban Tourism for EGP 350m

In a statement to the Egyptian Exchange on Wednesday, the company said that the offer is estimated at EGP 350m. An amount of EGP 235m will be paid to creditors of Remco, and an amount of EGP 115m will be paid in the form of construction materials for Remco to complete its projects. The total value will be fully paid by the end of December 2022.

Alyaa Stohy

Egypt, Italy discuss developments in Libya, Tunisia

Egypt’s Minister of Foreign Affairs Sameh Shoukry received, on Wednesday, a phone call from his Italian counterpart Luigi Di Maio, to discuss a number of regional issues, especially the developments in Libya and Tunisia. The Italian minister briefed Shoukry on the overall results of his recent visit to Libya and his meetings with various parties …

Sami Hegazi

Egypt issues commemorative coin to extol Royal Mummies Parade

In commemoration of the Royal Mummies Parade from the Egyptian Museum in Tahrir to the National Museum of Egyptian Civilization in Fustat, which was held on 3 April  2021, the Ministry of Finance issued a commemorative silver coin of EGP 100 having the ceremonial logo in both Arabic and English to extol this exceptional event. …

Nehal Samir

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