Suez Canal Authority denies seeking €300mn loan to buy dredgers
Egypt's Suez Canal Authority (SCA) spokesperson Tarek Hassanein has denied that the SCA is seeking a €300 million…
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Wall Street closes higher after Monday’s big loss but confusion about trade policies…
Wall Street closed slightly higher on Tuesday as energy shares rebounded from steep losses in the previous session,…
Mohamed Salah scores but Russia thumps Egypt
Mohamed Salah finally made his World Cup bow and scored a goal but the Egyptian could not save his country as the…
Asian markets rise and dollar firms, with Trump-Kim summit underway
Asian markets drifted higher on Tuesday as a landmark meeting between U.S. President Donald Trump and North Korean…
Oil prices drop on rising supplies from US, Russia
Oil prices fell on Monday, dragged down as U.S. oil drilling activity rose to its highest level since March, 2015,…
Egypt’s imports rise 21.8% in first four months of 2018
Egypt’s imports jumped 21.8 percent during the first four months of 2018, recording $20.71 billion (370.25 billion…
Drilling operations launched on phase III of Cairo metro’s third line
In an inaugural ceremony on Wednesday, Egypt launched drilling operations on the third phase of the Cairo metro's…
Egypt’s Housing Minister inspects 2,696 homes in Iskan Misr
Egypt’s Housing Minister Moutafa Madbouly has inspected the implementation of 2,696 residential units, including…
Egypt on track to execute 11,232 housing units in Dar Misr
Egypt is carrying out 11,232 housing units in New Mansoura City, 128km (79.5 miles) north of Cairo in the Nile…
Hassan Allam, Orascom join forces for New Alamein’s government HQ
Egypt’s state-owned construction firm Hassan Allam and the country’s Orascom Construction are teaming up to execute…