News
-
Egypt's gas production to exceed 6 bcf before end-2018
Production, which has increased thanks to newly discovered fields, will exceed 6 bcf per day before the end of this calendar year.
-
27% increase in used car listings in 2017: OLX Egypt
The number of car listings increased by 27% year-on-year in 2017 to more than 1 million listings.
-
100,000 clients join ADSL market in November 2017
According to a report by the Ministry of Communication, the number of ADSL users increased from 5 million in October to 5.1 million in November.
-
More than $100B pumped in Egypt’s economy since float
Since the float, Egypt’s economic indicators have gradually started to improve.
-
Egypt’s economy to keep growth trajectory alive: Arqaam Capital
External balance continues to improve, current account deficit remains unchanged.
-
Telecom Egypt signs transmission and infrastructure deal with Vodafone Egypt
The agreement will take effect from January for the three years ending 2021. The agreement guarantees a minimum revenue of EGP 2.37 billion for TE.
-
Saudi Arabia to launch business, tech university in Egypt
Negotiations with government to agree on project site, implementation period, says Dahlan.
-
Egypt's foreign reserves jump to $38.209 by end of January
Reserves have been climbing since Egypt signed a $12 billion loan with the International Monetary Fund (IMF) in November 2016.
-
Egypt's non-oil business sector activity stabilizes in Jan
The performance came with an overall positive outlook thanks to tough economic reforms, a survey showed.
-
Dubai's Al Khaleej in $1 bln Egypt beet sugar mill deal
Investment Minister Sahar Nasr said the project, with a cost of around $1 billion, would produce 900,000 tonnes of sugar annually.
-
‘Chinese Tramadol’ goes viral on Egyptian market
“10 PM” talk show presented a report on the circulation of the Tramadol drug, made in China.
-
Four companies with suffering market shares in 2017
The competition in the Egyptian market among mobile phone manufacturers is at its strongest, especially with the entry of many Chinese companies.
-
Egypt foreign reserves sufficient for eight months' imports-c.bank official
Egypt’s foreign reserves stood at $37.02 billion in December from $36.723 billion at the end of November.
-
Flotation had positive results on Egypt’s economy: CI Capital
The float helped in reducing the budget deficit, eliminating the parallel market, with foreign reserves at CBE reaching $37bn.
-
RAYA Smart Buildings gives EDGE to the business world
You can find all your business needs from offices, meeting rooms and training rooms to conference hall and board rooms.
-
Egypt's first bankruptcy law approved in House plenary session
The House had given preliminary approval to the law earlier this month.
-
New dinosaur species found in Egypt
The findings, published in the journal Nature Ecology and Evolution, reveal ancient links between Africa and Europe.
-
Egypt’s economy will harvest reform fruits in 2018
Proposals are still small, we hope for return of emerging market funds this year, says Ebeid We will manage three proposals in Egypt.
-
Egypt signs third $500 mln tranche of $1.5 bln AfDB loan
Minister for Investment and International Cooperation Sahar Nasr signed the deal on Sunday, saying the funds would be put toward the social-security.
-
Egypt to pour new housing into seemingly sated market
Authorities say they want to reduce crowding in Egypt and provide homes for the poor but many analysts say the new residences are out of budget.