Browsing Category
Featured
$2.9 bln allocated for Upper Egypt development in FY2021 – minister
Egypt’s Planning Minister Hala El-Said said Upper Egypt will see government investments of 47 billion Egyptian…
Palm Hills signs an EGP3.5bln agreement for a new project in Ain Sokhna
Palm Hills Developments has inked a co-development agreement with Al Shorouk for Touristic Development on a…
Seven hotels in Egypt’s Dahab receive hygiene safety certificates
Seven new hotels and resorts in the Egyptian coastal resort city of Dahab in South Sinai have received hygiene…
Hot weather will help control coronavirus in Egypt – official
Studies have proven that high temperatures and hot weather help in curbing the spread of coronavirus
according to…
Egypt to receive $5.2 billion IMF standby loan in H2 – experts
Egypt is expected to receive a 5.2 billion one-year International Monetary Fund (IMF) standby loan within the…
Egypt declares 1,467 new coronavirus cases, 39 deaths on Sunday
Egypt confirmed on Sunday 1,467 new coronavirus cases, taking the toll to 34,079, according to a health ministry…
Egypt’s foreign reserves down to $36bn in May – CBE
Egypt’s foreign reserves slid by around $1 billion during May, data by the Central Bank of Egypt (CBE) showed.
PepsiCo aims to inject $100m new investments into Egypt
PepsiCo Egypt is looking to invest $515 million in the local market between 2018 and 2021, the company’s chairman…
Emaar Misr seeks to establish a new EGP40bn investment zone in Cairo
Emaar Misr, the Egyptian unit of UAE property conglomerate Emaar Properties, is looking to build a new 40 billion…
Egypt’s stock exchange climbs 4.59% backed by IMF deal
Egypt’s stock exchange (EGX) climbed by more than 4 percent on Sunday as investors hailed a $5.2 billion standby…