Day: October 24, 2023

Credit Guarantee Company (CGC) continues to support the national economy, despite the challenging conditions faced by the world’s economies due to recent wars and crises. The company, in collaboration with the Egyptian banks, succeeded in providing guarantees worth more than EGP 181.54bn to 223,000 beneficiaries from SMEs in the first…

Ahmed El-Sheikh, the Chairperson of the Egyptian Exchange (EGX), revealed a plan to launch a real estate bourse in the first half of next year, pending the issuance of the necessary legislation. He made this statement during a symposium at the Egyptian Businessmen’s Association. El-Sheikh said that EGX has already…

Shark Tank Egypt will return for Season 2, airing every Wednesday at 9 PM on CBC and Watchit, starting October 25. The show continues with Sharks Ahmed El Sweedy, Ayman Abbas, Abdallah Sallam,  Mohamed Farouk and Mohamed Mansour. This season, we’re thrilled to introduce guest sharks who will bring fresh…

CAIRO, Oct 22 (MENA) – Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday’s trading sessions, backed by purchases by institutions and Arab and local investment funds, against sales by foreign institutions. The market capital gained about EGP 35 billion to register EGP 1.508 trillion at closing,…

Palm Hills Developments (PHD) has awarded Dorra Contracting the construction works of three commercial buildings in its flagship project Palmet New Cairo. The buildings will cover an area of about 30,000 sqm in the East Cairo development. Palmet New Cairo is a mixed-use project that spans over 100 feddan. It…