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Nada El Sawy

Nada El Sawy


Articles

Egypt is working to encourage investment in green energy projects, as it prepares to host Cop27 in November. Victoria Hazou / The National
UK’s Climate Finance Accelerator launches in Egypt to support low-carbon projects

Government-funded programme set up to help potential projects become more bankable and appealing to investors

Road to Net ZeroAugust 22, 2022
Egypt's central bank building in Cairo. The regulator has an inflation target rate of 5 per cent to 9 per cent. Reuters
Egypt holds rates steady after central bank chief's shock resignation

Hassan Abdalla was named as Tarek Amer's replacement on Thursday

EconomyAugust 18, 2022
Hassan Abdalla is chairman of state-owned conglomerate United Media Services and was previously managing director of Cairo-based Arab African International Bank. Photo: Wikimedia Commons
Egypt appoints Hassan Abdalla as acting central bank governor

United Media Services' chairman replaces Tarek Amer, who unexpectedly resigned on Wednesday

EconomyAugust 18, 2022
Tarek Amer was appointed as Egypt's central bank governor in November 2015 and his four-year term was renewed in 2019. Reem Mohammed / The National
El Sisi accepts Egypt's central bank governor's resignation

Egyptian president appoints former governor Tarek Amer as a presidential adviser

EconomyAugust 17, 2022
Shaimaa El Gamal's body was found buried in the garden of a remote villa on the outskirts of Cairo in June. Shaimaa El Gamal / Twitter
Egyptian judge sentenced to death for killing TV presenter wife

The case of Ayman Haggag, who said he killed Shaimaa Gamal in self defence, has been referred to the grand mufti

EgyptAugust 17, 2022
The initiative will take place over five days in September. Photo: Thibault Penin / Unsplash
Netflix launches screenwriting programme for Egyptian women

The streaming platform has teamed up with writers’ hub Sard to train 20 participants as part of its Because She Created initiative

FilmAugust 16, 2022
New measures to reduce electricity use will include cutting off electricity in government buildings at the end of official working hours and stopping external illumination of public squares. Reuters
Egypt rations electricity use to conserve foreign currency reserves

Programme aimed at increasing natural gas exports and boosting economy will be introduced next week

MENAAugust 10, 2022
Egypt has turned to Gulf countries and the private sector as it struggles with the economic fallout of the Russia-Ukraine war. Reuters
Saudi Egyptian Investment Company invests $1.3bn in four listed entities

The purchase of minority stakes is the first investment by the entity set up by the kingdom’s Public Investment Fund last week

MarketsAugust 10, 2022
Tourists take photos under water from a submarine in the Red Sea resort town of Sharm El Sheikh, a popular beach and diving destination. Photo: Reuters
EgyptAir opens direct Tripoli-Sharm El Sheikh route to promote tourism

The national airline will fly from Libyan capital to Red Sea resort town starting on Tuesday until October 11

MENAAugust 08, 2022
Analysts forecast the Egyptian pound to reach up to 21 to the US dollar by the end of this year. AFP
Egyptian pound expected to fall further against the dollar

The currency this week slid to a near all-time low of 19 to the greenback

MarketsAugust 03, 2022
Diwan has published new editions of some of Naguib Mahfouz’s most popular novels with modern cover illustrations. Nada El Sawy / The National
Egyptian millennial artists give modern revamp to Naguib Mahfouz’s books

Diwan Publishing has secured the exclusive rights to the late Nobel laureate’s works for 15 years, but new cover designs have sparked a mixed reaction

BooksAugust 03, 2022
Homzmart services 25 million houses in Egypt and Saudi Arabia and has more than 150,000 products on its platform. Reuters
Egypt’s Homzmart raises $23m in expansion push

Latest funding round brings the total raised by the furniture online marketplace to nearly $40m

Start-UpsAugust 02, 2022
Venture funding and deals hit a record high in Egypt last year, with $491 million invested across 147 transactions. Reuters
Egyptian start-ups brace for funding crunch

Investors increasingly look for profitable and sustainable businesses when deciding where to put their money

Start-UpsJuly 31, 2022
Al Mandra beach is Alexandria's first beach for the visually impaired and people with disabilities. Mahmoud Nasr / The National
Egypt opens beach for visually impaired in Alexandria

Al Mandara on the Mediterranean coast accommodates people of determination as part of a wider national effort to support disabled citizens

MENAJuly 26, 2022
A child wearing personal protective equipment enters a community centre administering the Sinovac Covid-19 vaccine to children and the elderly. Bloomberg
Middle East Covid surge to continue for 'a few more weeks'

New variants, easing of public health measures and low vaccination rates have been causing rise in cases, says WHO

MENAJuly 26, 2022
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