855 Firms Founded in Egypt During March, Highest Since 2005
855 new companies were founded in Egypt during March 2014, highest in 9 years, according to Trade, Industry &…
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industry & trade
Egypt to Licence Tuk-tuk Driving by Presidential Decree
Egypt’s traffic authority will licence existing motorbikes and three-wheeled vehicles commonly known as tuk-tuks,…
Egypt’s Engineering, Electronic Exports to Arab World Hit EGP1.3bn in 2 Months
Egypt’s exports of engineering and electronic products to the Arab world recorded around EGP 1.3 billion during…
Switzerland Grants Egypt EGP35 mln to Improve Drinking Water in Aswan
Switzerland will give Egyptian government an EGP35 million grant, to go for improving the drinking water quality in…
Egypt’s Cabinet Approves Use of Coal for Power Generation
Egypt's cabinet on Wednesday approved the use of coal for power generation after a fierce debate within the…
Citadel’s Africa Railways Acquires Additional 34% of Rift Valley Railways
Africa Railways, a core subsidiary of leading regional investment company Citadel Capital, has acquired a 34% stake…
Heikal: Education, Corporate Governance Are Key to Sustaining Africa’s Demographics
Governments and corporations alike must step-up investments in education and corporate governance to sustain an…
Egytrans Eyes Grain Port worth EGP170 million
Egyptian Transport and Commercial Services SAE - Egytrans (ETRS.CA) announced on Wednesday its ongoing talks with…
Beltone: El Sewedy 4Q-13 Profit below Expectations
Beltone Financial said on Wednesday El Sewedy Electric’s 4Q2013 financial results are below expectations, in…
Russia Tightens Squeeze on Ukraine with Gas Price Rise
Russian natural gas producer Gazprom announced a more than 40 percent increase in the price of gas for Ukraine on…