News
-
Western energy majors return to Egypt
Egypt has signed energy deals with Western majors as well as Tunisia.
-
MIGA offer $1bn guarantees for cross-border investments in MENA
We are ready to attract investors in power, infrastructure, transport, and agribusiness sectors, says CEO.
-
Egypt tenders to buy fuel oil for Oct-Dec
EGPC is also seeking five cargoes of 40,000-45,000 tonnes each, of a similar grade of fuel oil for delivery to Suez port and three optional cargoes.
-
Egypt's Raya approves seizing HSBC stake in Fawry
HSBC bank stake in Fawry reached 280 thousand shares with EGP18.62 per share and with EGP5.213 million total value of the deal.
-
Egypt reveals feed-in tariffs for renewable energy
Government sets feed-in tariffs and offers reduced interest rates to encourage private sector participation in energy sector.
-
Abdel-Nour: Egypt, Belarus sign economic cooperation protocols
A joint trade committee has approved the protocols that are regarded as a start of a new stage of economic relations.
-
Egypt's natural gas exports drop 73.4 pct in July: Report
Gas exports drop sharply year-on-year in July, with the domestic electricity sector upping its consumption of total natural gas production.
-
SODIC named Best Office/Business Developer in Egypt by Euromoney
Regarded as the benchmark awards for the global real estate industry, the Euromoney Real Estate Survey is now in its 10th year.
-
Egypt's Private Sector: A driving force for job creation
The dominance of a few large, old, and politically connected firms is strangling the growth of a robust and competitive private sector.
-
Saxo Bank considers adding EGX to global markets by end of 2015
Masry believes that the Egyptian Exchange has a promising future in light of the political stability that lies ahead.
-
Egypt's GASC buys 55,000 tonnes of US wheat
The wheat was purchased from Ameropa at the price of 244.22 a tonne, on a cost and freight basis, GASC Vice Chairman Mamdouh Abdel Fattah said.
-
Egypt denies tightening Internet surveillance
"This news is completely false," a spokesman for the interior ministry’s media center said in a statement.
-
Egypt in the eyes of international rating agencies
Paul Gamble, the director of sovereign group Fitch, answered Daily News Egypt’s questions on what the Egyptian administration needs.
-
Egypt awards oil and gas exploration blocks
The concessions are for areas in the Suez Canal, Egypt's western desert, the Mediterranean sea and the Nile Delta, the state-owned firms said.
-
Egypt, US discuss means of boosting economic ties
Hanafi briefed Verdonk on the successful steps taken by Egypt to apply the new subsidy system.
-
Why Egypt must cut Suez canal red tape
The new channel is part of a larger project to expand Suez port and develop 76,000 square km (29,000 square miles) around the canal.
-
Construction of $7 billion naphtha cracker to start soon in Egypt
The new factory will be the largest liquid naphtha cracker in the Middle East, requiring investment of $7 billion.
-
No plans to privatize Egypt stock market: Chairman
There are currently no plans to privatize Egypt’s stock market either in the near or distant future, according to the head of the bourse.
-
New council must determine economic roadmap: CIB managing director
The council must be independent and serve an advisory purpose, Hisham Ezz Al-Arab says.
-
Saudi–Egyptian bilateral trade to rise 12 percent by year’s end
Egypt expects bilateral trade between both countries to grow thanks to continually improving mutual economic relations.