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Egypt reaches an agreement with Schneider Electric on power distribution
Egypt has reached an agreement with French Schneider Electric Company to establish modern control centers for…
Egypt’s net foreign reserves grow to $45.5 billion February-end: c.bank
Egypt’s net foreign reserves increased to $45.509 billion at the end of February from $45.457 billion at the end of…
Banque Misr arranging EGP2bln syndicated loan for a real estate developer
Banque Misr, Egypt's second largest bank, is arranging a syndicated loan of 2 billion Egyptian pounds ($99.996…
Egypt issues exceptional rules on buying treasury stocks in bid to back market
Egypt has on Sunday introduced exceptional measures to make it easier for listed companies to purchase treasury…
Greek company to inject $US200 million investments in New Valley
Greek company Orange Wave is set to establish an agricultural, commercial, industrial logistic area in New Valley…
Egypt confirms second case of coronavirus
The Egyptian Ministry of Health and the World Health Organization (WHO) said early Monday that a new case of…
Egypt’s Qalaa Holdings eyes tapping Ethiopia gold mining
Egypt’s Qalaa Holdings, one of the country’s largest investment companies, intends to invest in gold mining in…
GOEIC suspends 101 firms from exporting products to Egypt
Egypt's the General Organization for Export and Import Control (GOEIC) has suspended 16 more foreign companies…
Eni, Naturgy reach agreement with Egypt over Damietta LNG plant
Italy’s Eni and Spain’s Naturgy have reached an agreement with Egypt to resolve a series of disputes over the…
Egypt’s unemployment rate drops to 8% in Q4 2019 – minister
Egypt’s unemployment rate dropped to 8 percent in the fourth quarter of 2019, the country’s planning minister Hala…