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Egypt’s Taba Airport to receive flights starting 5 August – ministry
South Sinai’s Taba Airport will receive on 5 August its first flight from Poland since the resumption of…
Egypt’s trade deficit falls 36.2% in May – CAPMAS
Egypt’s balance of trade deficit narrowed 36.2 percent to $2.59 billion in May from $4.05 last year, data released…
Gov’t considers flight discounts under consumer spending initiative
The government is looking into adding domestic tourism in its recently launched consumer spending initiative…
Arab Contractors’ works hit 24.8 bln Egyptian pounds in FY2019 – minister
Egypt’s state-run construction firm, Arab Contractors carried out works of 24.823 billion Egyptian pounds ($1.5…
Egypt’s Talaat Moustafa net profit after tax falls 13% in H1
Egypt's Talaat Moustafa Group (TMG) Holding posted a 13 percent year-on-year drop in net profit after tax during…
Egypt to open world-largest textile plant in September 2021-minister
Egypt will inaugurate its largest textile factory in the world in September next year according to Public…
Attijariwafa Bank Egypt pumps EGP 505m into issuance of 3 securitisation bonds
Attijariwafa Bank Egypt has pumped a total of 505 million Egyptian pounds into three securitized bond issues during…
Insurance companies’ premiums in Egypt surge 15.6% in four months
Insurance companies operating in Egypt posted premiums worth 12.5 billion Egyptian pounds ($781.7 million) during…
India’s LuLu Group is planning to invest $500mn in Egypt over 3 years
India’s LuLu Group is planning to invest 500 million in Egypt over the next three years to build out its branch…
Mediterranean gas discovery off Egypt could produce 32mn cubic feet/day – minister
The new gas discovery off Egypt’s Mediterranean coast could produce up to 32 million cubic feet per day, its…