Business

Ezz Aldekhela buys Abu-Hashima’s shares in El-Masreen Steel

Ezz Aldekhela buys Abu-Hashima’s shares in El-Masreen Steel

The EL-Ezz Aldekhela Steel – Alexandria company announced on Sunday that it has purchased 18 percent of the ownership of…
Egyptian economy 2nd largest Arab and African economy by 2022: IMF

Egyptian economy 2nd largest Arab and African economy by 2022: IMF

The Cabinet Media Center published an infographic report highlighting expectations from the International Monetary Fund that the Egyptian economy will…
Five coalitions express interest in land of former Egyptian National Democratic Party headquarters

Five coalitions express interest in land of former Egyptian National Democratic Party headquarters

The CEO of the Sovereign Fund of Egypt Ayman Soliman announced Tuesday that five coalitions have expressed their desire to…
Central Bank of Egypt says foreign currency reserves up to $40.909 bn in November

Central Bank of Egypt says foreign currency reserves up to $40.909 bn in November

The Central Bank of Egypt (CBE) announced on Tuesday that international foreign currency reserves increased at the end of November…
Egypt’s apparel exports up by 40 percent from January to October

Egypt’s apparel exports up by 40 percent from January to October

Egypt’s Ready-Made Garments Export Council (RMGEC) announced Sunday that the sector’s exports increased by 40 percent from January to October,…
Egypt increases prices for gas cylinders

Egypt increases prices for gas cylinders

The Ministry of Petroleum and Mineral Resources in Egypt began on Saturday to enforcing an increase to the prices of…
Egypt discusses with Belarusian MAZ the production of natural gas buses

Egypt discusses with Belarusian MAZ the production of natural gas buses

The Egyptian Minister of the Public Business Sector, Hisham Tawfek, discussed with a delegation from the Belarusian MAZ company a…
Investors flee U.S. corporate junk debt on inflation, Omicron concerns

Investors flee U.S. corporate junk debt on inflation, Omicron concerns

CHICAGO, Dec 2 (Reuters) – Worries over surging inflation and a new variant of the coronavirus are roiling the U.S.…
Egypt reaches agreement with Transmashholding for maintenance of passenger coaches

Egypt reaches agreement with Transmashholding for maintenance of passenger coaches

The Egyptian Minister of Transport Kamel al-Wazir announced, on Saturday, that an agreement had been reached with the Russian company…
Romanian delegation hold talks in Egypt over investments in SCZONE

Romanian delegation hold talks in Egypt over investments in SCZONE

A Romanian delegation held talks with officials of the Suez Canal Economic Zone (SCZONE) to discuss ways to enhance cooperation…
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