Egypt signs a deal to build an EGP 2.4bn Kafr El-Dawwar textile industrial complex
The National General Contracting and Supplies Co, a subsidiary of the National Service Projects Organization…
Egypt to launch a new EGP2bln logistics zone in El-Dakahlia
The Egyptian Minister of Supply and Internal Trade, Ali El-Moselhy, will lay the cornerstone of a new logistics…
UAE’s Aldar announces preliminary offer to acquire major stake in Egyptian SODIC
Aldar Properties, a real estate development, management and investment company with headquarters in Abu Dhabi, has…
Hikma, GlaxoSmithKline cease talks over potential deal to buy Egypt, Tunisia assets
GlaxoSmithKline said on Thursday that its majority shareholder Glaxo Group Limited and Hikma Pharmaceuticals have…
Eni closes agreement to restart Egypt’s Damietta liquefied natural gas plant
Italian oil and gas group Eni announced on Wednesday that it had closed an agreement signed last December with the…
Egypt’s stocks rebound on Thursday, benchmark EGX 30 advances 0.23%
Egypt’s stock exchange’s (EGX) indexes bounced back on Thursday, with the benchmark EGX 30 index inching up 0.23…
Israel expects subsea pipeline might double its gas exports to Egypt
Israel’s Energy Minister Yuval Steinitz said on Tuesday that a subsea pipeline that would connect the Israeli…
Egypt’s economy grows 2% in Q2-20/21, minister
Egypt’s economy seen a growth by 2 percent in the second quarter (Q2) of fiscal year 2020/2021, the Minister of…
Egyptian pound at strongest level against U.S. dollar since October 2016
The Egyptian pound has appreciated to the highest level since October 2016 against the US dollar, its Minister of…
Egypt’s new administrative capital will be inaugurated by 2021-end
Egypt is expected to officially inaugurate its new administrative capital (NAC) by the end of this year, while…