China’s MCC to establish a theme park in Egypt’s new capital city
Egypt signed Thursday a memorandum of understanding with Metallurgical Corporation of China Ltd. (MCC) to design,…
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ADIB-Egypt expands branches network by inaugurating 8 new branches
Abu Dhabi Islamic Bank (ABID) decided to redistribute its 70 branches in Egypt. The decision comes as the bank…
Despite weak start to year, Wall Street stocks have room to rebound
Wall Street has started the new year where it ended 2015, with a host of factors unnerving investors. U.S. stocks…
Egypt plans naming new city after King Salman
Egypt plans to name a new city development over 10,000 acres near Cairo after Custodian of the Two Holy Mosques…
U.S. among threats in Russia’s new security strategy, Putin endorses
A new appraisal names the United States as one of the threats to Russia's national security for the first time, a…
Two new hotels worth $306mn opened in Egypt’s Sharm El Sheikh
Egyptian investment minister Ashraf Salman inaugurated Friday two hotels in Sharm El Sheikh with total cost…
New year brings minimum wage hikes for Americans in 14 states
As the United States marks more than six years without an increase in the federal minimum wage of $7.25 an hour, 14…
Egypt plans new $457mn-terminal in Sharm el-Sheikh Airport
Egyptian civil aviation ministry plans to establish new terminal at Sharm el-Sheikh International Airport with…
GIG Insurance boosts capital to $22mn, plans more branches
Egypt's Arab Misr Insurance Group (GIG) has injected 15 million Egyptian pounds into its capital to reach 175…
Morocco, Egypt to Promote Bilateral Ties
Morocco and Egypt have agreed to take a step forward in their bilateral relations and announce a new generation of…
