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President Sisi issues new law to develop Upper Egypt
Egypt’s President Abdel Fattah al-Sisi issued Law No. 157 of 2018 which establishes the Upper Egypt Development…
IMF highlights Egypt’s key challenges, opportunities in coming years
The International Monetary Fund (IMF) has released a report titled ‘Egypt Moving Forward: Key Challenges and…
Egypt’s Sisi, Sudan’s Bashir to hold summit in Khartoum
Taking place during Sisi’s visit to the Sudanese capital of Khartoum, the summit aims to strengthen bilateral…
Egypt’s Sisi to inaugurate Siemens power plants next Tuesday
Egyptian President Abdel Fattah al-Sisi will inaugurate next Tuesday three power plants with a capacity of built by…
Aur Capital, Wadi Degla launch new fund to invest in Egypt real estate
Egypt’s Aur Capital is joining Wadi Degla Developments to launch a 2.350 billion Egyptian pound ($131.25 million)…
Engie, Toyota, Orasom sign $650 mln power deal with Egypt
Egypt signed on Wednesday a deal with a consortium of three firms to build a 500 megawatt wind farm, part of a plan…
Egypt’s Banque Misr full-year customer deposits up 25.8%
Egypt’s second largest state bank, Banque Misr reported a 25.8 percent rise in its customers’ deposits during the…
Egypt’s imports from Germany fall 23% in four months
Egypt’s imports from Germany dropped 23 percent to around $1.358 billion in the four months of the year from $1.764…
Egyptian food company Juhayna says first half profit jumps 180.3%
Egypt’s Juhayna Food Industries reported a 180.3 percent jump in first-half profit, according to a statement to the…
Egypt signs new oil exploration deal with U.S. Apache
Egypt signed a new oil exploration agreement worth around $9 million with U.S. oil company Apache, the oil ministry…