Italy enjoys best growth in annual economy since 2011
Italy posted its best annual economic growth figures since 2011 on Wednesday, its gross domestic product outdoing…
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industry and trade
Egypt inks $1.24 bln light rail deal with AVIC, China Railway
Two Chinese state-run companies signed Wednesday a $1.24 billion deal with Egypt to build a light rail system…
Egypt’s nuclear dream is about to come true: study
When the final contracts for the El Dabaa nuclear power plant are signed this year, Egypt is edging ever closer to…
Chinese-funded electric train to run to Egypt new capital city
Egypt is set to embark on a $255 million electric train project that will run to the country's planned new…
UAE investments register $4.9 billion in Egypt: ambassador
The Emirati ambassador in Egypt Gomaa Mubarak Al-Jneibi praised on Tuesday the relations between his country and…
South Korea to build $10 bln integrated agricultural city in Egypt
Egypt and the Korea-Arab Society (KAS) signed Tuesday a cooperation protocol to build a $10 billion integrated…
Egypt’s large Atoll gas field aims to start output before year-end: minister
Egypt aims to start natural gas production from its large offshore $3.8 billion Atoll gas field at the end of 2017,…
Electricity Ministry wins a mandate for 250,000 smart metres
Egypt's Electricity Holding Company (EEHC) has contracted with five firms to supply 250,000 smart electricity…
Saudi billionaire Prince Alwaleed bin Talal to invest $50mn in Egypt Ventures fund
Global Saudi investor and businessman Al Waleed bin Talal plans to invest $50 million in the country's Investment…
Egypt plans to complete railway system upgrade by 2022: ministry spokesman
Egypt hopes to complete a plan to modernise the country’s railway system infrastructure by 2022, Transport Ministry…