Business
Dubai and Saudi based companies invest in Egypt’s new Magdi Yacoub Heart Center
February 19, 2020
Dubai and Saudi based companies invest in Egypt’s new Magdi Yacoub Heart Center
Several companies based in the United Arab Emirates and Saudi Arabia announced on Tuesday that they will invest in the…
Egypt tops most important Middle East economy growth rates in 2018-2019: Cabinet
February 18, 2020
Egypt tops most important Middle East economy growth rates in 2018-2019: Cabinet
Egypt has topped the list of economic growth rates for the most important economies of the Middle East region in…
Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget
February 17, 2020
Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget
Egypt’s Finance Ministry said on Sunday that it would open up the new draft of the government’s 2020/2021 budget to…
Three Egyptian companies win tender for Dabaa nuclear plant
February 17, 2020
Three Egyptian companies win tender for Dabaa nuclear plant
Atomstroyexport, a subsidiary of Russia’s state-owned Rosatom, announced on Sunday that three Egyptian contracting companies won a tender offer for…
Egypt’s growth rate soars among emerging countries: Minister
February 16, 2020
Egypt’s growth rate soars among emerging countries: Minister
Egypt has achieved one of the highest growth rates among emerging countries during the 2018/2017 fiscal year, at 5.6 percent…
Egypt’s economy achieves highest growth rate in 11 years: Cabinet
February 15, 2020
Egypt’s economy achieves highest growth rate in 11 years: Cabinet
The Egyptian economy has achieved its highest growth rate in 11 years, according to a statement on Sunday by the…
IMF recommends ‘economic program’ to develop Egypt’s private sector
February 15, 2020
IMF recommends ‘economic program’ to develop Egypt’s private sector
The International Monetary Fund (IMF) recommended that Egypt needs a new package of reforms geared towards supporting and developing its…
Egypt govt mulls cooperation with private sector to desalinate sea water
February 15, 2020
Egypt govt mulls cooperation with private sector to desalinate sea water
Housing Minister Assem al-Gazzar on Friday announced that his ministry is contemplating cooperation with the private sector in seawater desalination…
Contract worth $US 2.5 bn signed for construction of largest oil refinery project in Upper Egypt
February 14, 2020
Contract worth $US 2.5 bn signed for construction of largest oil refinery project in Upper Egypt
Egypt this week signed a contract for the construction of a mazut hydrocracking complex in Assiut, the largest oil refining…
Spending on health sector increases by 20% in first half of fiscal year 2019/2020: Finance Ministry
February 13, 2020
Spending on health sector increases by 20% in first half of fiscal year 2019/2020: Finance Ministry
Egypt’s Ministry of Finance announced on Thursday that the first half of the fiscal year 2019/2020 witnessed a 20 percent…