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Egypt’s Investment Minister praises China’s Belt, Road initiative
Egypt's Investment Minister Sahar Nasr said China’s Belt and Road initiative is the cornerstone of the world's…
Dragon Oil to invest $1bn in Gulf of Suez after buying BP stake
Dubai-based Dragon Oil said on Monday it has completed the purchase of BP’s oil concessions in Egypt’s Gulf of Suez…
Egypt rolls out Ain Sokhna-Mombasa shipping line – minister
Egypt has launched a shipping line from Ain Sokhna Port to Mombasa Port in Kenya, Egypt's Minister of the Public…
Egypt, Kuwait deal to fund phase II of Sinai development programme
Egypt's Prime Minister Moustafa Madbouly and Kuwaiti counterpart Sheikh Jaber Al Mubarak Al Hamad Al Sabah on…
Supreme Group starts building biggest sugar plant with $200mln investments
Supreme Group intends to complete the construction works of its new sugar plant in Portsaid and start its operation…
1100 Kuwaiti firms invest EGP9bln in Egypt
The total volume of Kuwaiti investments has exceeded 9 billion Egyptian pounds ($554.7 million) with 1100 companies…
China’s economic growth could fall below 6% in 2020: IMF
China’s economic growth could moderate further in 2020 — even though the global economy is likely to pick up pace,…
Egypt opens MENA’s largest metro station in Heliopolis – minister
Egypt's Transport Minister Kamel El-Wazir on Sunday has inaugurated Heliopolis metro station, the largest in the…
shell to sell assets in Egypt’s Western Desert for offshore exploration
Royal Dutch Shell plans to sell its onshore upstream assets in Egypt’s Western Desert to focus on expanding its…
WB’s Global Infrastructure Programme hails Egypt’s infrastructure development
The World Bank's Global Infrastructure Programme has praised Egypt's success in infrastructure development under…