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Egypt, Nigeria discuss boosting coop. in energy, electricity

Egypt, Nigeria discuss boosting coop. in energy, electricity

Egypt’s Ambassador in Abuja Mohamed Fouad has discussed in a meeting with Nigerian Energy Minister Adebayo Adelabu, ways of fostering…
LMD Announces Completion of Phase One of Business Quarter at “ONE NINETY” in New Cairo

LMD Announces Completion of Phase One of Business Quarter at “ONE NINETY” in New Cairo

  Landmark Real Estate Development (LMD), a leading developer of integrated real estate projects, has announced the completion of all…
NBE, Banque Misr cut interest rate on US dollar CDs

NBE, Banque Misr cut interest rate on US dollar CDs

Banque Misr and the National Bank of Egypt (NBE) on Tuesday announced a reduction in the interest rate for the…
CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan

CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan

American multinational financial firm J.P. Morgan anticipates interest rates in Egypt to be cut by six percent during the Central…
Petroleum Ministry: SUMED profits hit $192mn in 2024

Petroleum Ministry: SUMED profits hit $192mn in 2024

The Arab Petroleum Pipelines Company (SUMED) has achieved net profits estimated at 192 million dollar in 2024, with a return…
Investment min.: Egypt focuses on infrastructure, private sector growth

Investment min.: Egypt focuses on infrastructure, private sector growth

CAIRO, March 18 (MENA) – Minister of Investment and Foreign Trade Hassan al-Khatib said the world is undergoing fundamental economic…
Video: Egypt incurs monthly losses of US$ 800 million, says President Sisi

Video: Egypt incurs monthly losses of US$ 800 million, says President Sisi

Egyptian President Abdel Fattah al-Sisi said that owing to regional tensions Egypt is incurring monthly losses estimated at approximately US$800…
President Sisi stresses continuous development in state institutions

President Sisi stresses continuous development in state institutions

CAIRO, March 16 (MENA) – President Abdel Fattah al-Sisi reaffirmed the importance of continuous development in state institutions, particularly in…
PM follows up on steps taken to stimulate investment climate, enhance its competitiveness

PM follows up on steps taken to stimulate investment climate, enhance its competitiveness

CAIRO, March 13 (MENA) – Prime Minister Mostafa Madbouly on Thursday chaired a meeting to follow up on the implementation…
BP to help Egypt close gas supply gap with 160 million cubic feet daily

BP to help Egypt close gas supply gap with 160 million cubic feet daily

The British Petroleum (BP) company aims to increase gas production in Egypt by about 160 million cubic feet per day…
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