UAE’S AMEA Power reaches $1.1bn financial closure to build renewable energy stations in…
UAE’s AMEA Power and the Egyptian government have signed the financial closure agreements at $ 1.1 billion to build…
BMW agent in Egypt plans to invest 1 billion Egyptian pounds
The BMW group announced investments of more than $100 million to develop its services and enhance its presence in…
BMW names Global Auto as new agent in Egypt
German carmaker BMW has named Global Auto Group as its new importer and agent in Egypt.
Saudi Arabia extends $5 billion deposit in Egypt’s c.bank
Saudi Arabia agreed on Tuesday to extend the terms of a $5 billion aid package to enhance Egypt's economic…
Egypt secures $10bn green funds during COP27
Egypt’s Minister of International Cooperation Rania al-Mashat revealed a $10.3 billion in financing packages for…
Saudi wealth fund to buy new stakes in two Egyptian firms
The Saudi Egyptian Investment Co (SEIC), owned by Saudi Arabia's state-owned Public Investment Fund (PIF), plans to…
Egypt’s economy records 4.4% growth during Q1 –minister
Egypt achieved high economic growth recording 4.4 percent during the first quarter of the current fiscal year, said…
U.S. 500 Global to open office in Egypt
U.S. based firm 500 Global has signed an MOU on Tuesday with the Egyptian Information Technology Industry…
Erdogan keen to end rupture with Egypt – Turkish media
Turkish President Recep Tayyip Erdoğan said he had told Egyptian President Abdel Fattah al-Sisi on the sidelines of…
BP wins two new exploration blocks in Egypt offshore Nile Delta
BP Plc announced on Monday that it has won two exploration blocks in the Mediterranean Sea offshore Egypt, close to…
