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Egypt increases rice area cultivation to 1.1m feddan in 2019

Egypt to increase its rice area to 1.1m feddan in the 2019 season, up from 800,000 feddan in 2018, in order to reduce the country’s import bill, the ministry of agriculture announced on Wednesday. Egypt began importing rice in 2018, after slashing the cultivation of rice-a water-intensive crop-at the time, to conserve vital Nile river …

Daily News Egypt

Land Developers launches Armonia project in NAC with total Investment of EGP 3bn

The Land Developers (TLD), a privately-owned corporate company specialising in investment, development and management of upscale residential and commercial real estate projects, made its debut in the Egyptian market by introducing its latest project, Armonia, in the New Administrative Capital (NAC).   This is the first project announcement for the joint stock company that gathers …

Shaimaa Al-Aees

Crisis in national team because of Míchel Salgado

A crisis broke out within the technical apparatus of our national team, and the controversy has grown considerably over the past period and became the focus of discussion among Egyptians. The cause of the hassle is head coach Javier Aguirre’s assistant, Míchel Salgado’s insistence on relying on non-professional footballers. The crisis became apparent after the …

Alaa Moustafa

Egyptian Neama Said competes in 2019 IWF Youth World Championships

The Egyptian weightlifting champion, Neama Said, is competing in the 2019 IWF Youth World Championships held in Las Vegas, the United States, in the 59 kg category, according to Mahmoud Mahgoub, president of the Egyptian Weightlifting Federation. Said, who won the silver medal in this tournament, is the only Egyptian athlete participating in this tournament, …

Daily News Egypt

Four challenges await Zidane in Real Madrid

After Real Madrid announced the return of its legend Zinedine Zidane to manage the team, the French star is now facing several challenges to put the Spanish team back on track. The Meringues’ fans rely on Zizou who has been one of the team’s legends both as a player and a coach. During his mandate …

Daily News Egypt

NREA, Lekela sign usufruct agreement to establish wind farm

The New and Renewable Energy Authority (NREA) has signed a usufruct agreement with Lekela Power to launch a wind farm with 250MW capacity in Suez governorate. Chairperson of the NREA, Mohamed El Khayat, told Daily News Egypt that the company has received the land allocated for the project upon a usufruct agreement signed in Suez …

Mohamed Farag

MSMEDA inks MoU with ILO to train Egyptian entrepreneurs

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a memorandum of understanding (MoU) with the International Labour Organization (ILO) to launch training programmes for Egyptian youth on modern methods to run their small and medium-sized enterprises (SMEs). The agreement, signed by the MSMEDA Executive Director, Nevine Gamea, and the ILO’s Acting Director …

Daily News Egypt

CBE, AFI co-organise working group meetings in Cairo

The Central Bank of Egypt (CBE) and the Alliance for Financial Inclusion (AFI) launched jointly a series of key working group meetings in Cairo on Monday 11 March. This is the second event co-organised by the two institutions. Deputy Governor of the CBE, Lobna Helal, and Deputy Executive Director of the AFI, Norbert Mumba inaugurated …

Daily News Egypt

Mountain View to launch ready-to-occupy units expecting EGP 1.5bn sales

Mountain View plans to launch ready-to-occupy units in its existing projects in 2019 with expected sales of EGP 1.5bn, according to Amr Soliman, the company’s chairperson. During a press conference held Tuesday, Soliman said that his company is keen on keeping 20% of the total of every project’s units to be offered later at higher …

Shaimaa Al-Aees