City Edge plans EGP600mn securitized bonds during Q2 of 2021
City Edge is planning to issue 600 million Egyptian pounds in securitized bonds during the second quarter of 2021,…
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Dabaa nuclear plant will generate returns 4 times its cost, Rosatom CEO
The Dabaa nuclear power plant is expected to generate returns worth 4x the amount spent on its construction,…
Egypt’s newly-elected Senate to hold procedural opening session Sunday
Egypt's Senate will get down to business on Sunday by holding an opening procedural meeting after its election in…
Egypt confirms 138 new coronavirus cases, 10 deaths on Saturday
Egypt detected 138 new coronavirus cases on Saturday, reporting a total tally of 105,297 cases since the outbreak…
Transport min., S.Korean envoy, Hyundai Rotem, discuss cooperation in underground projects
Transport Minister Kamel el Wazir discussed with South Korean Ambassador in Cairo Hong Jin-wook, along with a…
Siemens opens service centre in Ain Sokhna, Smart Clinic in Shubra el Kheima
Egypt witnessed the inauguration of Siemens Energy’s service centre in the Suez Canal Economic Zone (SCZone) in Ain…
Egypt plans to pump EGP 725m into Siwa Oasis developmental projects
The Egyptian Prime Minister, Mostafa Madbouly, approved the implementation of several projects to develop Siwa…
Amer Group’s unit signs EGP 450m funding deal with Ahli United Bank
Delmar for Touristic Development, a 99.9 percent-owned subsidiary of Amer Group Holding Co, signed a funding…
Egypt connects over 1m households to natural gas grid every year, minister
The Egyptian government is connecting more than 1 million households to the natural gas network every year,…
Egypt’s fiscal position may not be hard hit by Covid-19, IMF
The affect of COVID-19 pandemic on the Egyptian government’s finances may not be as hard as previously feared,…
