NBE and Banque Misr secure EGP 8 billion syndicated loan for Palm Hills New Cairo project
Financing Facility for Palm Hills New Cairo The National Bank of Egypt (NBE) and Banque Misr have jointly established an EGP 8 billion long-term syndicated financing arrangement for Palm for Investment and Real Estate Development, a subsidiary of Palm Hills Developments. This financing aims to cover a portion of the investment expenses associated with the […]
Turkey, Qatar, and Egypt gather in Cairo for the second phase of the Israel-Hamas ceasefire
Continued Talks on Israeli-Hamas Ceasefire in Cairo Officials from Türkiye, Qatar, and Egypt gathered in Cairo on Wednesday to discuss the next steps in the ceasefire agreement between Israel and Hamas. The meeting involved the intelligence heads of Türkiye and Egypt, as well as Qatar’s prime minister. During their discussions, they reached a consensus on […]
Cairo Reveals the ‘Grand Egyptian Museum’ Home to Thousands of Artifacts
Grand Egyptian Museum Opens in Cairo Cairo’s Grand Egyptian Museum (GEM) launched its inaugural event on Saturday, attracting considerable media coverage and online engagement, all set against the backdrop of a stunning 258,000 square foot facility. This grand occasion was marked by impressive drone displays and fireworks. President Abdel Fattah el-Sisi celebrated the museum’s opening, […]
US envoy Steve Witkoff and Jared Kushner traveling to Cairo for discussions to conclude the conflict in Gaza, according to a report.
US Envoy Leads Delegation to Cairo for Peace Talks WASHINGTON – US envoy Steve Witkov is heading to Cairo to kick off discussions with negotiators from Israel and Hamas. The main focus is on the immediate release of all hostages following nearly two years of conflict in Gaza. A White House official mentioned that “Steve […]