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World Bank’s IFC invests $20mn in Egypt’s food provider Edita
The World Bank's International Finance Corporation (IFC) said on Tuesday it has secured a financial package worth…
Investments in Egypt new capital hit $15 billion – official
Investments in Egypt’s new administrative capital have neared 250 billion Egyptian pounds or $15 billion, head of…
Egypt’s Amer Group names ex-transport minister Hisham Arafat new CEO
Egypt’s property developer Amer Group announced on Monday it had named former transport minister Hisham Arafat as…
Afreximbank earmarks $1 billion to support Africa historic free trade deal
The African Export-Import Bank (Afreximbank) said on Monday it will institute a $1 billion adjustment facility to…
Egypt’s Orascom Investment backs away from Nile Sugar acquisition
Orascom Investment Holding, owned by Egyptian billionaire Naguib Sawiris, said on Tuesday it will not pursue with…
Egypt to import 50 electric buses from China in December
The head of the Tanks Production and Repair Company (Military Factory 200) Yousry al-Nemr announced on Monday that…
Tanzania aims to increase trade exchange with Egypt – PM
Tanzanian Prime Minister Kassim Majaliwa on Monday said his country aims to increase trade exchange with Egypt to…
Egypt’s Orascom sells 15% equity share in Oberoi Zahra
Orascom Development Egypt (ODE) announced selling its 51 percent equity stake in Oberoi Zahra to a private Egyptian…
Egypt to put new rules for gold mining operations – source
The Egyptian Ministry of Petroleum and Mineral Resources has prepared new terms and rules to govern gold mining and…
Egypt’s Parliament to discuss new NGO law on Monday
The Social Solidarity Committee in Egypt parliament’s is scheduled to discuss on Monday and Tuesday a new draft of…