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Savills Egypt wins ‘Best Real Estate Agency’ at 2024 Euromoney Real Estate Awards - Dailynewsegypt
Savills Egypt has been named as “Egypt’s Best Real Estate Agency” at the Euromoney Real Estate Awards 2024. This award highlights Savills Egypt’s exceptional performance, innovation, and continued growth within the Egyptian real estate market, affirming the firm’s commitment to providing world-class advisory, and consultancy services across diverse projects.

During the award review period from May 2023 to June 2024, Savills Egypt achieved substantial growth with a 68% revenue increase ...

Egypt's President calls for De-escalation in Middle East during meeting with Iran Foreign Minister - Dailynewsegypt
Egyptian President Abdel Fattah Al-Sisi met with Iran Foreign Minister Abbas Araghchi on Thursday, urging de-escalation in the Middle East and calling for an end to violence in Gaza, Lebanon, and the West Bank.

 

Iran’s top diplomat, Araghchi, arrived Wednesday in Cairo, on the first visit by an Iranian foreign minister in almost 12 years.

The meeting, which was also attended by Egypt’s Minister of Foreign Affairs Badr Abdelatty, focused on the current situa ...

Iran's economy grows 3.2% in Q1 - Dailynewsegypt
Iran’s gross domestic product (GDP), including oil, grew by 3.2% in the first quarter of the current Iranian calendar year (March 20 to June 21) compared to the first quarter of last year, according to the Central Bank of Iran (CBI).

Excluding oil, GDP increased by 2.5%.

The World Bank had earlier forecast Iran’s economy to grow by 3.2% in 2024, while the International Monetary Fund (IMF) raised its estimate to 3.7%.

The country’s industrial sec ...

China begins operation of 1st domestically built AS700 manned airship - Dailynewsegypt
China has launched commercial operations for the AS700, its first domestically built manned airship, which will offer tourist flights over the scenic region of Guilin.

The AS700 airship, capable of carrying up to 10 passengers, including the pilot, boasts a maximum range of 700 kilometres. The airship is known for its safety features, including a special shell design and a system with an adjustable thrust vector that enables vertical take-off and landing.

The AS700 has rece ...

Egypt International Airshow Partnerships, advanced systems take centre stage - Dailynewsegypt
The second day of the Egypt International Airshow 2024, held at Alamein International Airport, saw a flurry of activity as companies from various nations showcased their latest innovations and forged new partnerships.

The event, the first of its kind in Africa and the Middle East, is being held under the patronage of Egyptian President Abdel Fattah Al-Sisi, the Supreme Commander of the Armed Forces, at El Alamein Airport in the new El Alamein city. The exhibition is scheduled to conti ...

Tatweer Misr achieves 65% sales from North Coast projects in H1 - Dailynewsegypt
President and CEO of Tatweer Misr, Ahmed Shalaby, stated that the company aims to achieve contractual sales worth EGP 32bn in 2024. The company has achieved EGP 21bn in sales during the first half (H1) of the year, selling over 1,650 units, with 65% of these sales in the North Coast, where the company owns three major projects: Fouka Bay, D Bay, and Salt.

Shalaby said: “Over the past ten years, the company has sold 34,000 units with a total sales value of approximately EGP 73bn, ser ...

Creating Prosperity and Enhancing Security for All: The Case of Egypt and Migrants - Dailynewsegypt
Since ancient times, Egypt has been a sanctuary for the oppressed and those seeking safety. Religious texts recount the story of the Holy Family seeking refuge in Egypt to escape King Herod’s persecution, a story commemorated by Egyptians on June 1st each year, symbolising Egyptian hospitality and the warm reception of refugees. Throughout the ages, Egypt has continued to welcome people fleeing wars and persecution, reinforcing its status as a safe and hospitable haven.

ContentsHisto ...

We directly engage with Egyptian communities across globe, addressing inquiries, removing obstacles: Emigration Minister - Dailynewsegypt
Minister of State for Emigration and Expatriates’ Affairs, Soha Gendi, recently convened a meeting with representatives from Egyptian communities in Greece, Cyprus, and Malta. This gathering was part of her “An Hour with the Minister” initiative, conducted via video calls and attended by Amr Abbas, Assistant Minister of Emigration for Communities Affairs.

Gendi emphasized the ministry’s strategic commitment to maintaining an open line of communication with all segments of Egyptians ...

NBE offers mortgage financing for Urban Development Fund units - Dailynewsegypt
The National Bank of Egypt (NBE) has recently partnered with the Urban Development Fund to advance sustainable urban development. This collaboration aims to provide mortgage financing for housing units offered through the Fund’s projects, specifically targeting provincial capitals. The ultimate goal is to make homeownership accessible to citizens across various income levels.

Yehia Abou El-Fotouh, Vice Chairperson of NBE, emphasized the bank’s commitment to providing suitable housin ...

Egypt to host 3rd Africa Health ExCon from 3-6 June - Dailynewsegypt
The Egyptian Authority for Unified Procurement (UPA), Medical Supply and Technology Management announced the third edition of Africa Health ExCon, the continent’s largest annual healthcare event. Held under the patronage of President Abdel Fattah Al Sisi, the event will take place at the Al Manara International Conference Center and Egypt’s International Exhibition Center (EIEC) from June 3rd to 6th, 2024.

Under the theme “Your Gate to Innovation and Trade,” ...

Sinai is an inseparable part of Egypt's sacred land: Al-Sisi - Dailynewsegypt
Sinai is an inseparable part of Egypt’s sacred land, Egyptian President Abdel Fattah Al-Sisi said as he commemorated the 42nd anniversary of Sinai Liberation Day with a national address.

Celebrating the resilience and sacrifices of the Egyptian people and their armed forces. Speaking to the nation, President Al-Sisi recognised the significance of Sinai, underscoring its historical role as a battleground for the country’s sovereignty and security.

Health Ministry, National Training Academy sign cooperation protocol - Dailynewsegypt


In a significant move to enhance healthcare services, Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, and Rasha Ragheb, Executive Director of the National Academy for Training and Rehabilitation of Youth, have signed a cooperation protocol. This agreement aims to provide comprehensive training programs and consultations across various fields.

The Ministry stated that this initiative aligns with its commitment to delivering superior health care and adva ...

Celebrities reflect on Ramadan - Dailynewsegypt
As the holy month of Ramadan begins, it brings with it a wave of nostalgia, stirring memories of childhood and youth. The essence of Ramadan nights lingers in our minds, including those of artists who share their unique experiences of this sacred time. Let’s delve into the Ramadan reminiscences of some celebrated figures.

Elham Shaheen recalls: “Ramadan is a time for family. I cherish breaking my fast at home, surrounded by my siblings, and extending invitations to friends and rela ...

World Bank funds program to help Somalis cope with flooding, food insecurity - Dailynewsegypt
The World Bank said it would provide 100 million U.S. dollars in additional financing to help more than 200,000 Somali households benefit from cash transfers to help them cope with flooding and food insecurity.

The World Bank-funded Somalia Shock Responsive Safety Net for Human Capital Project (SNHCP) will provide emergency cash transfers to 215,000 households affected by floods and drought, the lender said in a statement Tuesday evening.

The World Bank said the progra ...

Presidential election in Egypt set for 10-12 December - Dailynewsegypt
The National Elections Authority (NEA) announced on Monday that the presidential election in Egypt will be held on 10, 11, and 12 December, while the expatriate voting will take place on 1, 2, and 3 December.

The NEA’s head, Walid Hamza, made the announcement in a press conference, where he also revealed the detailed schedule and procedures for the elections.

Hamza said that the voting hours will be from 9 a.m. to 9 p.m. for both the domestic and the overseas voters, ac ...