Eurasian Economic Union-Egypt free trade pact is a ‘win-win deal’
The free trade agreement between Egypt and Eurasian Economic Union (EAEU) will be a win-win deal, the Egyptian…
Egypt’s IDA utilizes 8,000 feddans for establishing new industrial zone
The Egyptian Industrial Development Authority (IDA) is currently utilizing around 8,000 feddans to establish new…
Africa Re’s investments in Egypt hit US$25 million
African Reinsurance’s investment portfolio in Egypt currently stands at US$25 million, equivalent to 195.7 million…
Egypt’s Industrial Development Bank pumps $25mn into micro enterprises
Industrial Development and Workers Bank of Egypt (IDWBE) has pumped around 200 million Egyptian pounds (US$25.5…
Cabinet endorses $669mn to finish phase 4 of Cairo Metro-line 3
The Egyptian Cabinet approved Tuesday the final value to complete the second part of the fourth phase of Cairo…
Egyptian cable maker El-Sewedy says 9-month net profit jumps 230.7%
Egyptian cable maker El Sewedy Electric reported a 230.7 percent surge in its nine-month net profit to record 1.1…
IFC, Al Baraka Bank join forces to support Egypt’s trade sector
International Finance Corporation (IFC), a member of the World Bank Group, and Al Baraka Bank, are cooperating to…
‘Finalised plan’ to resume Britain-Sharm El-Sheikh flights is underway – ambassador
British Ambassador in Cairo John Casson and Egyptian Minister of Tourism Hesham Zaazou have finalized a plan to…
72% of Russians fear terror acts after Paris, Egypt
The level of fear among Russians about the possibility of a terror attack is approaching those recorded in the…
Egyptian FM flies to Algeria to discuss Libya after ISIS Sirte takeover
Egyptian Foreign Affairs Minister Sameh Shoukry has attended Tuesday in Algiers a ministerial level meeting of…