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21,058 new firms launched in Egypt in 2018
The number of firms established in Egypt during 2018 increased 12.7 percent to 21,058 from 18,378 during 2017, said…
Egypt’s railway revenues rise 11.5% in 2018
Egyptian National Railways Authority’s revenues rose 11.5 percent to $2.23 billion in 2018 from $1.956 billion in…
IMF praises Egypt’s progress in economic reform programme
The First Deputy Director-General of the International Monetary Fund (IMF), David Lipton, hailed on Wednesday…
Shares of Egypt’s SODIC, Madinet Nasr Housing suspended after merger called off
Egyptian Exchange (EGX) suspended trading on Wednesday in the Sixth of October Development and Investment Company…
Talaat Moustafa named Egypt’s top real estate developer for 2018
Egypt's Talaat Moustafa Group Holding was named on Monday The Top Real Estate Developer in Egypt for 2018, at a…
Egypt’s fuel subsidy bill drops nearly 15% in six months: minister
Egypt’s fuel subsidy bill registered around 43.5 billion Egyptian pounds ($2.43 billion) between July-December 2018…
Egypt’s PM, Apple CEO discuss investment opportunities in Egypt
Egyptian Prime Minister Moustafa Madbouly discussed on Tuesday with Apple CEO Tim Cook the opportunities for the…
Egypt expects 5th tranche of IMF loan in January/early February
Egypt expects to receive the fifth tranche of its $12 billion loan from the International Monetary Fund (IMF) in…
Egypt-Sudan power grid link’s phase I to be finalised in 2 months
The first phase of building an electricity line linking power grids in Egypt and Sudan is set to be completed…
Egypt’s GASC to pay on-sight for wheat in international tenders
Egypt’s General Authority for Supply Commodities (GASC) will pay for wheat bought in upcoming international…