Increase to be financed through EGP 3.627bn of retained earnings, EGP 63.18m from capital reserve, and EGP 65.213m from special reserve
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Delivery of 1,000 units at three projects is slated for H2 of 2021, says Chairperson Mahmoud Omar
Waleed Khalil, Chairperson of the Board of Directors at New Plan Developments, said that the company has a portfolio of diverse projects, which feature distinct stages.
55% of Scenario project’s construction completed, 1st phase to be delivered by 2021 end
Ali Gaber, Chief Commercial Officer at Gates Developments, said that the company is presenting its projects, Catalan and AUDAZ, which are in the financial and business district in the New Administrative Capital (NAC). This is in addition to the West Gate and Plaza Espana projects, which are located in west Cairo.
The company is also showcasing exclusive offers and competitive facilities for its clients over the three exhibition days on the units in G7’s second phase.
Government has sought to establish many new cities, as route of comprehensive development
Company achieved 215% increase in profits, 611% increase in operating profits in quarter compared to the same period in 2020, says Ayman bin Khalifa
The Egyptian Government has started registering the data of administrative staff in preparation for their transfer to the New Administrative Capital (NAC). Nader Saad, spokesperson for the Presidency of Egypt’s Council of Ministers, announced that the website, established by the Central Agency for Organization and Administration (CAOA) to record the data, has commenced the registration. …
If Israeli attacks on Gaza found to be indiscriminate it may constitute war crimes, say UN
Egypt’s Prime Minister Mostafa Madbouly asserted, on Thursday, that the government is working to implement the mandates of President Abdel Fattah Al-Sisi in developing the cities of Sharm El-Sheikh and Hurghada.
Egypt’s Arab Organization for Industrialization (AOI) and the Talal Abu-Ghazaleh Global Group (TAG.Global) have launched the first tablet and laptop manufacturing plant in the Arab region.
Egypt has best internationally accredited laboratories for examining food commodities, says Elsayed Elkosayer
O West, a fully integrated town by Orascom Development located in the heart of Sixth of October, has announced the launch of the first phase of the HillSide Villas project.
The announcement that Salah had won the award was made via the English team’s official website and Twitter account.
The committee settled on maintaining its links, until the end of the season, with the Spanish company that currently implements the system, despite it not being satisfied by the company.
The handball team is then set to leave for Spain, on 27 June, to participate in an international tournament that includes Spain, Egypt, and Croatia.
The country’s engineering exports rose by 49% in the first four months (4M) of fiscal year (FY) 2020/21 reaching $967.7m. This compared to the $650.2m recorded during the same period of FY 2019/2020.
Country achieved initial surplus of EGP 48bn between July 2020 and April 2021, says Mohamed Maait
The latest figures compare to the $8.853bn in non-oil exports achieved during the same period of 2020.
Total of 175,000 teachers to be provide COVID-19 vaccines before Thanaweyya Amma exams
The agreement aims to deepen the partnership between the two countries in matters of mutual benefit.
Design marathon took place online on 17-21 April, with jury sessions held on 22 April
Provision for home vaccination is being provided by equipped, well trained medical teams
This saw Berger travel to the Qena and Luxor governorates in Upper Egypt to visit the EU-funded WFP project “Enhancing Access to Education and Fighting Child Labour”.
Ambassador Hamad Saeed Al Shamsi expressed gratitude, appreciation for Egypt’s environmental efforts
Egyptian economy expected to see growth of 2.8% in FY 2020/21, rising to 5.2% in FY2 021/22, says fund
In cooperation with the NBE, Geidea has obtained an electronic payment facilitator licence from the Central Bank of Egypt (CBE) in preparation for the launch.
Minister Mohamed Abdel Atty stressed need to address forms of encroachment on River Nile, canals
El-Anani praised Environment Ministry’s efforts relating to ecotourism in Egypt