Iron, Steel to pay EGP 750mn to Banque Misr to settle long-standing debt dispute
Egypt's state-owned Iron and Steel Company will pay 750 million pounds to Banque Misr after a new deal was signed…
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After current deal ends, Egypt won’t seek more funding from IMF: FinMin
Egypt's Finance Minister Mohamed Maait has told Bloomberg in an exclusive interview that Egypt will not seek…
Sterling rises as May battles to save her Brexit deal
Sterling rose on Monday as British Prime Minister Theresa May sought to win support for her draft European Union…
Euro, pound firm after draft Brexit deal; yen strengthens
The dollar weakened on Thursday against the pound and euro, which rose after Britain's prime minister won cabinet…
Egypt, Saudi ACWA sign $2.3 bln power plant deal
Egypt has signed a deal with Saudi Arabian utility developer ACWA Power on Thursday to build a $2.3 billion power…
Sterling pops following report of Brexit deal on financial services
The British pound jumped on Thursday on a report that UK Prime Minister Theresa May has struck a deal with Brussels…
Egyptian, Israeli partners buy into pipeline to allow natural gas deal
Israeli and Egyptian partners have agreed to purchase 39 percent of the shares in the EMG pipeline for $518…
Egypt, Siemens sign $352mn deal to operate world’s largest power plants
The Egyptian government has agreed with Siemens to operate and maintain three electricity mega plants.
Egypt, China sign $45 mln deal to build ‘Egypt Sat-2’
Egypt and China signed a $45 million grant to implement the new satellite "Egypt Sat 2'' on Monday, according to an…
Egypt’s Sisi to open world’s largest wind farm Tuesday
Egypt's President Abdel Fattah al-Sisi will inaugurate on Tuesday a bunch of new electricity mega projects in the…
