Egypt’s IPO programme to be resumed until September – minister
Egypt's Public Business Sector Minister Hisham Tawfik announced on Thursday no stakes will be offered for companies…
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programme
Egypt shares likely to move upwards as foreign investors to inject cash-ins
Egypt shares are expected by analysts to move upwards in the few coming sessions, as foreign investors are expected…
World Bank delegation assess Egypt’s sewage services programme
Egypt's Deputy Housing Minister Randa el Menshawi said Monday that a delegation from the World Bank visited Egypt…
Uber, Nacita launch first Rent-to-Own vehicle programme in Egypt
Uber and Nacita AutoCare announced on Wednesday the launch of the first “Rent-to-Own” vehicle solutions programme…
Apache Corp. unveils plan to dig 50 wells in Egypt in FY2018/19
President and CEO of Apache Corp. John Christmann announced on Friday that an ambitious exploration programme is…
Development philosophy: Why investing in infrastructure is better for Egypt
One of the main features of the current development programme in Egypt, which was launched after the June 2013…
Pharma, health-care stocks seen as hottest Egypt picks for 2018
Health-care and pharmaceutical shares could prove the hottest choices for investors in Egypt’s stock market this…
Central bank of Egypt says balance of payments rise to $5.1 bln
The Central Bank of Egypt (CBE) stated that the total surplus of Egypt’s balance of payments rose to $5.1 billion…
Egyptians to start feeling effects of economic reforms in 2018: IMF
International Monetary Fund (IMF) mission chief for Egypt Subir Lall said on Sunday that Egyptians will start…
Gulf may have firm tone, ADNOC unit’s IPO could support Abu Dhabi
Gulf stock markets may have a slightly firm tone on Sunday, buoyed by positive global trends and news of the…
Egypt to receive next IMF loan disbursal in December: minister
Egypt is set to receive its next International Monetary Fund loan disbursal in December, Finance Minister Amr El…
IMF and Egypt reach agreement on loan instalment of $2 billion
Egypt has reached a staff level agreement with the International Monetary Fund for an instalment of around $2…
IMF starts second review of Egypt’s economic reform programme
An IMF delegation started to conduct the second periodic review of Egypt’s economic reform programme in…
Trump administration considers pausing U.S. refugee family reunification program
U.S. President Trump’s administration has drafted a plan to pause a programme that allows family members join…
EU leaders to call for end to North Korea’s weapons program: draft
European Union leaders will demand on Thursday that North Korea end its nuclear and ballistic weapons programme,…
Alibaba says will invest more than $15bn over three years in global research programme
Chinese e-commerce giant Alibaba announced Wednesday it will invest more than $15 billion over the next three…
Trump ends CIA arms support for anti-Assad Syria rebels: officials
The Trump administration has decided to halt the CIA's covert programme to equip and train certain rebel groups…
Gold prices drop ahead of ECB meeting
Gold prices edged lower on Thursday, with the dollar steady as markets looked to a meeting of the European Central…
U.S. puts new sanctions on Iran over ballistic missile program
The United States slapped new economic sanctions against Iran on Tuesday over its ballistic missile programme and…
Ride-hailing app Uber increases fare in Egypt after fuel price hike
The San Francisco-based cab-hailing company- Uber increased their fare prices in Egypt early to meet the new rise…
Egypt’s government unveils new hikes in electricity prices by 42%
Egypt announced new hikes in electricity prices by up to 42 percent for households as part of a government reform…
Egypt launches new program to test, treat Hepatitis C in recovered drug addicts: Minister
Egyptian Minister of Social Solidarity Ghada Wali announced on Sunday the launch of a medical examination program…
Egypt continues to suffer from currency float consequences
Eguypt’s economy continues to suffer from the harsh consequences of the government’s reform programme. The…
German development programme in Egypt targets marginalised provinces
The total cost of projects being carried out by Germany in Egypt registers €1.6bn, German ambassador to Cairo…
IMF loan approval: what’s next for Egypt’s economic reform
Egypt successfully secured the International Monetary Fund’s (IMF) approval for the three-year, $12bn loan…
Industry ministry keens on maximising benefit of export support programme
Egyptian trade and industry ministry keens on maximising benefits of the new export support programme, Minister…
WB grants Egypt just $1bn for budget support, $2bn for development projects
An agreement was conducted with the World Bank to use just $1bn to support the 9.8% budget deficit in fiscal year…
Trade ministry approves new rules of Egypt’s export support programme
Egyptian Export Support Development Fund approved seven axes of state's export support programme that were…
Cabinet plans extending Egypt’s electricity subsidy period until 2026
Egyptian Cabinet plans to extend the subsidy period of electricity consumption prices until 2026, i.e. seven years…
Countries to meet in Egypt to end killing of migrating birds
A taskforce of over 20 countries in the Middle East and Europe will meet for the first time in Egypt Tuesday to…
EU approves new €500mn-aids programme for Egypt – trade minister
The European Union has approved new aids programme for Egypt estimated at €500 million to be presented to the…
Declassified: Secretive North Korea lifts veil on arms program
Ahead of a rare ruling party Congress next month, secretive North Korea is revealing details of its weapons…
Egypt plans attracting $14bn-investments, signing 20 new oil agreements- PM
Egyptian government is expected to sign 15-20 new oil agreements during the upcoming two and half years with…
Google, IBM and other tech Cos fight to win first position in AI race
The resounding win by a Google artificial intelligence (AI) programme over a champion in the complex board game Go…
Premier Ismail unveils ambitious programme to revive Egypt’s economy
Egypt is targeting an economic growth rate of 5-6 percent by the end of the 2017/18 fiscal year, and north of six…
Egypt’s PM to deliver govt programme before parliament Sunday
After a minor cabinet reshuffle that saw 10 ministers replaced on 23 March, Egyptian Prime Minister Sherif Ismail…
Sisi,PM tackle Cabinet programme ahead of presentation to parliament
President Abdel Fattah Al-Sisi met with Prime Minister Sherif Ismail on Tuesday to listen to the latest details…
Egyptian cabinet may present programme to parliament 27 March
There is still no set date for the Egyptian cabinet to present its programme to the parliament for approval, after…
Government to present programme to parliament in March: Egypt’s PM
Egyptian Prime Minister Sherif Ismail has said his government will present its strategy programme to the…
Sedki Sobhi signs military cooperation agreement with Cypriot counterpart
Egypt's defence minister Sedki Sobhi and his Cypriot counterpart Christophoros Fokaides signed a joint military…