Egypt’s New Wheat Subsidy Will Not Affect Local Harvest Or Imports
Egypt's wheat output will be little changed this season from last, Supplies Minister Khaled Hanafy said on Monday,…
Asian shares rally, shrug off China PMIs
Asian shares were solidly higher on Tuesday, as investors latched on to tentative signs of stabilisation in China…
EBRD allocates US$500 million for 40 solar projects in Egypt
The European Bank for Reconstruction and Development (EBRD) is earmarking up to US$500 million for 2016 to support…
BREAKING: China’s Renminbi is approved as a main world currency – IMF
The International Monetary Fund (IMF) approved Monday the Chinese renminbi as one of the world’s main central bank…
AFD, Egypt to sign €20.35mn agricultural SMEs grant next December 6th
Egypt and the French Development Agency (AFD) are to sign a €20.35 million grant for the Support for Agricultural…
Egypt aims for $2 billion IT exports by late 2018
Egypt aims to increase its information technology exports to 16 billion Egyptian pounds (US$2 billion) by the end…
Russia secures $25 billion for Egypt’s for first nuclear plant construction
Russia is to provide Egypt with $25 billion in credit to begin building the country's first nuclear power plant,…
Misr Insurance wins Eni’s supergiant gas find policy bid
The leading insurer in MENA region, Misr Insurance Company has been awarded an insurance policy for the Shorouk…
Qalaa’s Mashreq terminates East Port Said’s liquid bulk station contract
Mashreq Petroleum, a subsidiary of Qalaa Holdings, has terminated a franchise contract to build, operate, and…
Taqa Arabia to build $75mn solar PV power plant in Aswan
Taqa Power -a subsidiary of Taqa Arabia- signed a contract to establish solar PV power plant in the Egyptian…