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The first phase of the development includes 430 units
Qatari Diar starts working on EGP 1bn first phase of CityGate project in Egypt

Mubasher: Qatari Diar has started working on the first phase of its CityGate project in New Cairo with a value of EGP 1 billion. During a ceremony on Monday, the Qatari real estate firm's Bawabat Al-Sharq New Cairo Real Estate Investment signed a …
The segment brings the total length of the 2Africa cable system to over 45,000 km
2Africa consortium extends subsea cable system to Arabian Gulf, India, Pakistan
Pfizer begins study for novel COVID-19 oral antiviral drug
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami
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GCC asset managers expect more inflows amid growing ESG, Islamic investments – Moody’s
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ITFC pens 10 trade agreements worth over $1bn
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Last Update: 26 October 01:15 PM
Latest News
The first phase of the development includes 430 units
Qatari Diar starts working on EGP 1bn first phase of CityGate project in Egypt Companies Investments
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OPEC+ likely to keep output rise plans for November Global Reports
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The segment brings the total length of the 2Africa cable system to over 45,000 km
2Africa consortium extends subsea cable system to Arabian Gulf, India, Pakistan Macroeconomics
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Pfizer begins study for novel COVID-19 oral antiviral drug Global Reports
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Business software company Freshworks valued at $1.13bn Global Reports
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SoftBank leads investment into $4bn French football startup Global Economy
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Shell sells Permian assets to ConocoPhillip for $9.5m Oil and Energy
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US to ease restrictions for vaccinated travellers from 33 countries Global Reports
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GCC asset managers expect more inflows amid growing ESG, Islamic investments – Moody’s Sector Reports
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Pfizer COVID-19 vaccine is safe for 5-11 years old kids Global Reports
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Nihal El-Chami, Head of Programme and Marketing at Falak Startups
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The Egyptian market accounts for 10-15% of Mrsool's total operations
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The Hajj season this year will witness a digitised journey from start to finish
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Egypt's Minister of International Cooperation, Rania El-Mashat
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UN in 2015 led its member states to adopt the 2030 Agenda for Sustainable Development
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Islamic Finance
This issuance is the second listing by IsDB on Nasdaq Dubai
IsDB lists $1.7bn Sukuk on Nasdaq Dubai Banking and Finance
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SAIB plans redemption of SAR 500m sukuk Banking and Finance
The Sukuk offering is subject to the approval of the competent authority.
Al Kathiri Holding intends to issue SAR 500m Sharia-compliant Sukuk Sukuk and Islamic Finance
DIB has hired the banks to arrange the deal
DIB plans to sell US dollar senior Sukuk Banking and Finance
Minister of Finance, Mohamed Maait
Egypt to issue first batch of sovereign Sukuk in H2-FY21/22 Banking and Finance
President Abdel Fattah El-Sisi
El-Sisi ratifies Sovereign Sukuk Law Macroeconomics
The Murabaha loan has an eight-year duration
Alujain secures SAR 1bn Murabaha facility from Alinma Bank Banking and Finance
Banque Misr will contribute EGP 650 million to the loan
Banque Misr, BM Lease ink EGP 700m Musharaka deal Banking and Finance
This brings Contact's total Sukuk issuances to EGP 5 billion
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The settlement of the Sukuk will take place on 28 July
Arabian Centers raises $225m from USD-denominated Sukuk issue Sukuk and Islamic Finance
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Arab Markets
The market cap value dropped by EGP 656.8 million
EGX ends Tuesday mixed Trading Activities
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Gulf Union Al Ahlia renews insurance activity licence Central Banks
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Enma AlRawabi to start trading on Tadawul this week Trading Activities
A roundtable discussion held by the Movement of the Enterprises of France (MEDEF) in Paris
Egypt allocates $18bn development funding for infrastructure development Macroeconomics
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EIC achieves SAR 10m profits in Q3 Financial Results
ADIB Egypt will hold a 98% stake in the new company
ADIB Egypt establishes EGP 10m consumer finance firm Banking and Finance
EWEC will supply up to 100% of ADNOC’s grid power
ADNOC enters clean energy partnership with Emirates Water, Electricity Company Companies Investments
The programme is aimed at supporting a structural reform agenda
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Arabian Cement reports 52% lower profits in Q3 Financial Results
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Petro Rabigh turns to profits worth SAR 221m in Q3 Financial Results
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International Markets
Gold demand declines in Q1 due to ETF outflows
Eurozone manufacturing growth at fastest pace since May 2018
Eurozone manufacturing sector sees strongest growth in over two years
Eurozone inflation turns negative for first time in four years
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