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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…
Mining industry to contribute $7 bln to Egypt’s GDP by 2030 – minister
Egypt expects the contribution of its mining sector to the gross domestic product to rise to $7 billion by 2030,…
Egyptian-American economist El-Erian nominated to succeed Lagarde at IMF
Egyptian-American economist Mohamed El-Erian is nominated to succeed Christine Lagarde as the managing director of…
Egypt sees $300.8mn investments from Beheira’s logistics zone – official
Egypt hopes to attract around 5 billion Egyptian pounds ($300.8 million) in investments from a planned logistics…
Saudi Fawaz Alhokair arm to finalise New Delta’s largest mall in 2021
Marakez for Real Estate Investment, the Egyptian arm of Saudi conglomerate Fawaz Alhokair, aims to complete works…
27 states ratify Africa’s historic free trade deal – AU
The African Union announced on Monday it got parliamentary ratification of 27 member countries for the continental…
Egypt’s Cabinet imposes automatic prices on oil products
Egypt’s Ministerial Cabinet said automatic pricing including the Value Added Tax (VAT) on oil products are…
Sisi Oks law on budget of Suez Canal Economic Zone for FY20
Egyptian President Abdel Fattah al-Sisi has ratified Law No.11 of 2019 pertaining to the budget of the General…