Business

Sisi brings economic change for the better: World Bank President

Sisi brings economic change for the better: World Bank President

President of the World Bank Group, David Malpass, said on Sunday that President Abdel Fattah al-Sisi has achieved economic and…
Egypt improves wages to reduce impact of economic reforms

Egypt improves wages to reduce impact of economic reforms

Egypt’s Finance Ministry announced that the government plans to reduce the impact of  financial and economic reforms on citizens in…
Egypt’s cabinet refutes claims of privatization of Suez Canal Authority

Egypt’s cabinet refutes claims of privatization of Suez Canal Authority

Egypt’s cabinet refuted on Thursday rumors of selling the Suez Canal Authority to privately-owned companies to establish funding for the…
Egypt’s economy seen growing 5.5 pct in year to end of June

Egypt’s economy seen growing 5.5 pct in year to end of June

CAIRO (Reuters) – Egypt’s economy is expected to grow 5.5 percent in the fiscal year that ends in June, according…
Egypt’s Transport Ministry signs €157 million supply contract for Spanish trains

Egypt’s Transport Ministry signs €157 million supply contract for Spanish trains

Egypt’s Ministry of Transport on Monday signed a €157 million purchase and supply contract for six new air-conditioned railway trains…
US investment fund to buy Egypt’s United Bank: CBE

US investment fund to buy Egypt’s United Bank: CBE

Governor of Central Bank of Egypt (CBE) Tarek Amer announced on Monday that a US investment fund would buy the…
China to invest US$5 billion in Egypt’s Suez Canal Economic Zone

China to invest US$5 billion in Egypt’s Suez Canal Economic Zone

A memorandum of understanding was signed between the Government of Tianjin and the General Authority of the Economic Zone of…
Egypt receives US$5 billion support from Arab Fund for Economic and Social Development: minister

Egypt receives US$5 billion support from Arab Fund for Economic and Social Development: minister

Egypt’s Minister of Investment and International Cooperation Sahr Nasr said on Thursday that the cooperation portfolio between Egypt and the…
Sharm El Sheikh operates its first 5 MW solar power plant

Sharm El Sheikh operates its first 5 MW solar power plant

Egypt’s South Sinai Governor Khalid Fouda held a press conference on Thursday on the occasion of opening the first solar…
Egypt the biggest hotspot for billionaires in 2019: Business Insider

Egypt the biggest hotspot for billionaires in 2019: Business Insider

Egypt topped the list made by Original Travel agency of the hottest 15 destinations for billionaires in 2019, according to…
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