The Egyptian Food Bank has announced the launch of 'Tekeya Al-Mahrousa' - a mobile kitchen to distribute hot meals in Egypt's streets, in a significant step towards providing food for the most vulnerable families. This initiative is part of the Egyptian Food Bank's philosophy, targeting the largest number of beneficiaries across the country, aiming to promote humanitarian spirit and social solidar
JLL, a leading professional services firm specialised in real estate, investment management, and development consultancy services, has announced the appointment of Ahmed Hemmat as the new Head of Project & Development Services (P&DS) Egypt.
MODAD Group, a leading conglomerate in the construction and real estate sector, unveiled its strategic plans for 2024, introducing the group's new identity from Mohammed El Haddad Group of Companies to MODAD Group. Additionally, the Group announced the launch of MODAD Properties, which aims to shape new horizons in the Egyptian real estate sector, while also offering innovative designs that elevat
A U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports, according to seven sources familiar with the matter.
Tourism revenues in China during the Lunar New Year holidays that ended on Saturday surged by 47.3% year-on-year and surpassed 2019 levels, thanks to a domestic travel boom amid a longer-than-usual break, official data showed on Sunday.
Within the framework of its commitment to support and develop the poultry industry, Cairo 3A Poultry, an affiliate of Cairo 3A Group, the largest national entity in the food industries sector, organized its annual scientific conference Cairo 3A School from January 14th to 18th, 2024, in Hurghada. The conference falls within the Company's training program aimed at providing recommendations to bre
At the height of the global pandemic, as Dubai faced an exodus of expatriates and mounting competition from neighboring business hubs, the government opened up. That decision is now helping the city dodge the commercial real estate crisis rippling across the globe.
Invest-Gate held its first roundtable in 2024, and the 21st in its series of events, on Wednesday, February 14, to discuss the best ways to unlock the vast investment potential of the Egyptian real estate sector
Cryptocurrency market value climbs back above $2 trillion for the first time since April 2022, leading by Bitcoin, the largest Crypto coin, which is worth a trillion dollars again, and trades near highest price since 2021 as it hovers at $52 thousand after a broad digital currency rally that saw Ether, the second-biggest token, advance back at $2,852 to where it was before the TerraUSD stable
Arabia Development, a subsidiary of Arabia Group, the leading urban developer of residential, commercial, and administrative projects, has launched its latest real estate offering Elora spanning 228 acres in the new Zayed City with EGP 20 billion investment.
In a vibrant testament to its pioneering presence in the Middle East and North Africa, Emirates NBD - Egypt kicked off the year by securing two prestigious awards in January, strengthening its reputation as a leading bank in Global Markets and Treasury services. The bank was honored with ‘The Most Innovative Global Markets & Treasury Service Provider’ award by International Finance Magazine, and t
The American University of Beirut (AUB) and the Queen Rania Teacher Academy (QRTA) signed a Memorandum of Understanding (MOU) aimed at bolstering the quality of education in the Arab world. The agreement was signed on Thursday, February 8, 2024, at the QRTA headquarters in Amman, Jordan, and has brought together stakeholders from both institutions, as well as distinguished guests and members of th
Basata Holding for Financial Payments S.A.E., the leading e-payment services company in Egypt, announced that it nears completing Vodafone Egypt’s deal to increase its stake in its two subsidiaries (TBE Egypt for Payment Solutions and Services S.A.E.(Bee) and Applications & Payment Systems Development APSD S.A.E. (Masary) from almost 10% to 20%, following the Central Bank of Egypt’s approval. This
14-02-24 – MIPIM, the global urban festival, is looking forward to hosting key international institutional investors, fund managers, and industry leaders in Cannes in March 2024. As the real estate sector rebounds from last year's global repricing fluctuations, MIPIM presents investors with a unique opportunity to gather and develop new strategies for capital deployment for the upcoming year.
In line with the continuous directives of the Egyptian state to exert efforts in providing humanitarian aid and urgent relief to the Palestinians in the Gaza Strip, the Egyptian Food Bank announced today, in collaboration and coordination with the National Alliance for Civil Development Work, the commencement of preparations for the fourth aid convoy of the relief land bridge, in preparation for i
Metito, a global provider of intelligent water management solutions, has signed the Agreement on Principles with Kazakhstan Investment Development Fund (KIDF), Kazakhstan Centre for Modernization and Development of Housing and Communal Services JSC, and Akimat of Akmola region for the implementation of a transformative wastewater treatment project in the city of Kokshetau.