News
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Sudanese businessmen to invest in Egypt's grain hub
First agreement signed to invest in Egyptian project to turn Nile Delta into international grain hub.
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Youth Innovation Camp to promote social justice in Egypt
UNDP Egypt believes that the inclusion of citizen voices, especially Egyptian youth, in defining social justice and highlighting perceptions of the subject matter is essential.
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EFG-Hermes donates EGP 50m for poor villages
EFG-Hermes Chairperson Mona Zulfikar said her company seeks, through scientific and field studies, to develop the neediest areas in Egypt.
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Egypt's Amer Group to become two companies
Real estate developer will become two companies in order to show actual value of its Porto projects and as part of wider plans to expand other developments.
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Egypt investment prospects valued at $173 billion in 2015
MEED’s ‘Invest in Egypt’ is a platform to learn about investment possibilities in the country.
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Major payment issues hinder real estate taxation: Finance minister
World Bank grants $200m to develop health issues, while energy efficiency increases through investments.
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Egypt's urgent railway development to cost LE41 billion: Minister
Negotiations to purchase 700 new ordinary carriages are ongoing with Hungarian, Chinese and Spanish companies.
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Egypt schedules major economic summit in March
Egypt’s Economic Development Conference has been scheduled to ensure high attendance from partners around the world.
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Egypt, China set to launch strategic partnership
Meng stressed the importance of Al-Sisi’s upcoming visit saying that it will see the announcement of the strategic partnership.
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Egypt hires German firm to bore transport tunnels under Suez Canal
Unlisted Herrenknecht AG was discussing contract details, a spokesman for the company said on Friday, giving no details.
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Egypt to issue $1.75 billion in 1-year treasury bills
The issuance would be a rollover of an existing issue, two traders at Egyptian banks are quoted saying.
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Egypt's GASC buys 60,000 tonnes of wheat from France
Egypt buys 60,000 tonnes of wheat raising its wheat reserves to cover its needs till March.
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Kellogg offers $127M for Egypt confectionery maker
Kellogg offered 79 Egyptian pounds ($11.05) a share, according to a statement from the Egyptian Financial Supervisory Authority to the local bourse.
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Tamar gas group plans upgrade, including pipeline to Egypt
Tamar has been supplying Israel with natural gas since coming online last year.
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SacOil looks at Mozambique, Egypt
SacOil acquired the Lagia oil field on Egypt’s Sinai peninsula.
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Abu Dhabi to host 'Invest in Egypt' conference next week
Two-day conference starting 26 November will profile investment opportunities in various sectors in Egypt.
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Egypt expects new African trade bloc in December: minister
Three African economic blocs will merge into a new 27-nation free-trade zone under an agreement to be signed in Cairo next month.
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Egypt says it resolves land dispute with Dubai’s Al-Futtaim
A government source had previously said the negotiators were considering a payment of around 235 million Egyptian pounds ($33 million).
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No, Disney is not opening a Disneyland in Egypt
"While Egypt is an attractive market, we have no plans for the region at this time," a Walt Disney spokesperson said.
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Egypt's c. bank to take "technical measures" to control currency black market
"We will take technical measures in the coming period to control the currency black market and set the (currency) exchange market," Hisham Ramez said.