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Egypt, World Bank launch $500 million Upper Egypt development programme
The programme will focus on the governorates of Qena and Sohag, which are among the poorest in the country.
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World bank disburses another $1 billion loan to Egypt
World Bank issued the first $1 billion tranche of the loan in 2015 ut of its $3 billion loan programme with the country.
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Egypt emerges as the world’s fastest growing mortgage market
An overwhelming demand for housing in Egypt has resulted in the world’s fastest growing mortgage market, for Cityscape Egypt.
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In-cosmetic 2017
The leading event for personal care ingredients.
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7 Egyptians among the 100 Most Powerful Arabs
Mohamed Mansour, Rami Malek, Bassem Youssef and Mona El-Tahawi among 7 other Egyptians on the list. El Walid Ibn Talal at number one.
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In the Egyptian Year of Women, it’s time girls studied IT
Almost 40% of Arab women are unemployed and only 16% study technology, math, engineering or science.
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Foreign holdings of Egypt T-Bills almost triple since January
Overseas holdings of T-bills reached 60.8 billion Egyptian pounds ($3.3 billion) as of March 14.That compares with 22 billion pounds at the end of Jan
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Egypt targets less than 10% deficit in draft budget 2017/18
The decline cites tax revenues from both income and real estate in addition to planned investments as sources of funding.
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Egypt aims to resume Saudi Aramco oil product imports
Tarek El Molla said that a deal to import crude from Iraq would remain in place as it was not a replacement for Saudi oil shipments which were halted.
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Egypt-based EFG-Hermes acquires 51% stake in Pakistani brokerage firm
The firm is keen to expand its brokerage arm by injecting new liquidity. Most experts predict foreign investment to surge ince included MSCI-EM Index.
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Egypt's Sisi to visit Washington in first week of April
The trip will be Sisi's first U.S. state visit since being elected in 2014 as former U.S. President Barack Obama had never extended an invitation.
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SWIFT announces Business Forum Egypt to discuss issues of financial sector
Under the patronage of CBE, the event brings together Tarek Fayed, sub-governor of the CBE, and senior representatives from Cairo’s financial industry
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Eni official: huge gas find off Egypt sign of maybe more
ENI's milestone discovery of Zohr, estimated to hold 30 trillion cubic feet of gas reinvigorated the interest of oil and gas companies in the region.
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Telecom Egypt's net profit down 11% in 2016
Total revenues for Telecom, which holds a 45% stake in Vodafone Group Plc's local branch had increased by 16 percent in 2016 to EGP 14.1 billion.
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Egypt's capital set to grow by half a million in 2017
This growth is more than any other city in the world, adding to the pressure on Egyptian economy struggling to recover from 6 years political turmoil.
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Real Tests to come as Egypt economy revamp posts early gains
Foreigners are investing again in stocks and local-currency debt, and dollars are becoming more available.
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Germany holds the 1st Arab German Digital Forum
The forum will be held in Hannover, Germany and will include speakers like the Former German President and the Tunisian minister of digital economy.
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Market awaits changes in bank leadership in mid April
Banks will present their recommendations to the CBE’s governor, since the law allows the latter to reject officials.
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Russia, Egypt finalized aviation security protocol
No specific time frame for resumption of air traffic with Egypt has been identified so far.
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Egypt investment minister, UK ambassador sign $150 mln loan agreement
The loan is to help Egypt implement its economic reforms. The declaration was agreed upon by UK Foreign Secretary Boris Johnson & president Sisi.
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Archeologists in Egypt discover massive statue in Cairo slum
Ramses II ruled Egypt more than 3,000 years ago and was a great builder whose effigy can be seen at a string of archaeological sites across Egypt.
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Al-Qadi heads to US to promote business in Egypt
The visit includes meetings with Oracle, Cisco, and IDC to activate strategic Egyptian-American partnerships in the field of advanced technologies.
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Will Smith visits Egypt to promote tourism
With nine of his family members, Smith listened to Hawas telling him about the secrets of the pyramids.
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UAE’s Majid Al Futtaim opens $700m Mall of Egypt
The site features an artificial ski slope, a 2,473 capacity cinema and family entertainment concept Magic Planet.
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Egypt's non-oil business activity shrinks for 17th month
While the PMI data still indicated a contraction in Egypt's private sector in February, the headline index rose to its highest level in six months.
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The government’s economy and the people’s economy
Even though the presence of the non-official economy is greatly connected to developing countries, all economic systems include non-official economies
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Signs Egypt's Economy May Be Recovering as PMI Rises
The Emirates NBD Purchasing Managers’ Index for the whole economy climbed for the third month in a row to 46.7 in February from 43.3 in January.
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Project: Rehabilitation of GIS substation
Rehabilitation of GIS (transformers) substation (66/11kv, 3× 40 Mva); Implementing, on a full turnkey basis.
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Project: Fire alarm & fire fighting systems
Supply & erection of fire alarm & fire fighting systems
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Ain Shams University to host Huawei training academy
Huawei signed an MOU with Ain Shams University to establish information and network training academy.
