News
-
Al-Ahwani negotiates $ 115m loan with South Korean government
KOICA provided Egypt with a grant worth $ 1m to prepare feasibility studies needed to operate an integrated technological educational complex.
-
Egypt implements first office in UAE to revitalise tourism
New office will cooperate with airlines flying into Egypt to create direct flights to Sharm El-Sheikh, Red Sea and North Coast.
-
Big business behind a free Windows 10?
Microsoft is starting to roll out its new Windows 10 operating system. It's available for free to a large proportion of Windows users.
-
Egypt may extend tolerance for higher moisture French wheat beyond
Egypt's GASC has so far not purchased any French wheat in the financial year 2015/2016 which started July 1.
-
Siemens, Egyptian Railway sign MoU to develop major lines’ sign lighting
The two parties have agreed that during the designated period they will present details of the offer which will be fully funded by Siemens.
-
Egypt's Pioneers Holding approves offer to buy Cairo for Housing and Development
The board had approved an offer to purchase remaining shares of Cairo for Housing and Development at a price of 11.80 Egyptian pounds per share.
-
NBE launches first interactive teller machine in Egypt
The National Bank of Egypt has launched the first interactive teller machine (ITM) in the Egyptian market, according to Alaa Farouk, Head of Retail.
-
BG Egypt appoints oil and gas veteran as new president
BG Egypt, a subsidiary of BG Group and one of Egypt's largest natural gas producers, has appointed Khaled Kacem as its president.
-
Egypt's Pioneers plans IPO of real estate developer Rooya
Rooya has a real estate portfolio of about 9 million square metres, with 6 million of that currently under development.
-
Ships cross Egypt's New Suez Canal in first test-run
Mameesh said construction of another canal near Port Said port on the Mediterranean Sea would begin as soon as the New Suez Canal had been inaugurated
-
EGP 500m to construct solar powered compound
MCR will run global tender to choose company that will be responsible for implementing 1 MW solar power plant.
-
Egypt allocates LE1 billion in state funds to develop slums
The amount is part of LE6.85 billion in targeted investments for local development programmes.
-
Egypt signs update to head of agreement with Eni
Egypt and Eni signed an update to the head of March agreement following the recent discovery of gas reserves of up to 15 billion cubic metres in Delta
-
Egypt recovers $1.5bn in tax evasion cases
Egypt recovers LE12.1 billion ($1.5 billion) in tax evasion cases and retrieves land from business tycoon Hussein Salem.
-
Italy to conduct another mission to Egypt by year's end
Italy's economic development minister announced on Thursday at Expo Milano 2015 that another mission would be conducted to Egypt by the year.
-
Kuwait's Al-Salam to list on Egypt exchange
The investment company listed on the Kuwait and Dubai exchanges tried unsuccessfully to offer depository receipts on the Egyptian bourse since 2013.
-
Egypt's bourse, banks to close on Thursday for July revolution anniversary
Trading will resume on the following Sunday, the stock exchange said in its statement.
-
CBE to resume issuing dollar sale tenders to banks Tuesday
Stability of US dollar rate against Egyptian pound stands between EGP 7.78 and EGP 7.83 in banks and at EGP 7.88 at exchanges.
-
TP-LINK Middle East, Focuses on Channel Business Development in Egypt
TP-LINK Technologies Co Ltd has announced plans for a comprehensive programme focusing on developing its channel business in Egypt.
-
Egypt's GASC receives wheat offers in tender
The lowest offer presented was $193.75 a tonne, on a free-on-board basis (FOB) for 55,000 tonnes of Russian wheat, traders said.