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Investment
Suez Canal’s revenues rise 40.4% to 104.2bn Egyptian pounds in FY19
Suez Canal’s transfers to Egypt’s public budget has reached its highest level ever. The canal’s transfer recorded…
Egypt discusses establishing Japanese telecom company branches – minister
Egypt’s Telecommunications Minister Amr Talaat held several meetings with representatives of Japanese companies,…
G20 approves to push ahead with digital tax: communique
Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech…
BP to sell Egyptian Gulf of Suez oil assets to Dubai’s Dragon Oil
BP announced on Monday it had agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to…
France ready to cut Renault stake to bolster Nissan partnership
France prepares to cut its stake in Renault SA in order to bolster Renault’s partnership with Nissan Motor Co,…
G20 finance ministers agree to push ahead with digital tax
Group of 20 finance ministers on Saturday agreed to push ahead on compiling common rules that will fill loopholes…
Egypt’s Hapi Tours unveils new executive management team
Hapi Tours, one of Egypt’s oldest tourism, courier, airfreight and transportation companies, announced a new…
China-Egypt trade exchange 10.7% up in two months – report
Trade exchange between Egypt and China rose 10.7 percent to $2.087 billion in the first two months of 2019 from…
UK manufacturing slumps as Brexit stockpile frenzy evaporates
The Brexit stockpiling boom of early 2019 gave way in May to the steepest downturn in British manufacturing in…
El Gouna to host Egypt’s, MENA’s first ever Global Impact Challenge
Egypt will play an integral role in the Singularity University’s Global Impact Challenge (GIC); the event will be…