Egypt’s Hassan Allam executes 4 infrastructure, residential projects in Sudan
Egyptian construction firm, Hassan Allam says it is currently implementing four infrastructure and housing projects…
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Saudi Arabia to appoint new ambassador to Lebanon
Saudi Arabia will appoint a new ambassador to Lebanon, encourage the return of Saudi tourists and increase flights…
Heliopolis Housing starts power plant works in Heliopark City
Egypt’s state-run Heliopolis Company for Housing and Development is implementing power plant in Heliopark City…
European markets close lower amid concerns over Trump’s protectionism
European markets closed lower on Monday after U.S. President Donald Trump took office and promised to pursue a…
Egypt pumps 75mn T of fuel daily to meet market’s needs: EGPC
Egyptian oil sector pumps around 75 million tonnes of fuel daily in different governorates to cover needs of the…
SECON to inject investments of 2b Egyptian pounds in 2017
Property developer Saudi Egyptian Construction Company (SECON) is planning to pump investments of two billion…
European markets seen higher; euro zone unemployment data eyed
European bourses are set to open higher on Monday continuing the gains seen in the U.S. and Asian markets. The FTSE…
Tourism sector halts applying VAT for a year
The tourism sector has obtained a verbal approval from the Ministry of Finance to postpone subjecting it to the…
CBE extends tourism sector support initiative until February 2018
The Central Bank of Egypt’s (CBE) board, headed by governor Tarek Amer, decided to extend the period of the…
European markets close lower; euro hits three-year high
European markets closed in negative territory on Wednesday despite euro zone inflation figures hitting a three-year…
