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Egypt signs $653 mn solar park deal with IFC led consortium, Egypt’s largest

Egypt signs $653 mn solar park deal with IFC led consortium, Egypt’s largest

Egypt signed an agreement on Sunday for the construction of 13 solar-power plants in Aswan financed by a consortium led…
Marsa Alam airport receives first YanAir flight from Ukraine

Marsa Alam airport receives first YanAir flight from Ukraine

Correction: Name of the airliner was changed to YanAir, from RyanAir. Marsa Alam airport received the first YanAir flight out of…
CBE governor meets with bank heads

CBE governor meets with bank heads

Governor of the Central Bank of Egypt (CBE), Tarek Amer, met held a meeting with bank heads, along with his…
US dollar maintains prices against Egyptian pound Sunday

US dollar maintains prices against Egyptian pound Sunday

The US dollar to Egyptian pound exchange rate maintained its prices within the banking sector on Sunday. According to latest…
Egypt to have its first sky-rail monorail in Alexandria

Egypt to have its first sky-rail monorail in Alexandria

The General Authority for Transport Passengers in Alexandria signed on Tuesday a memorandum of understanding (MoU) with China’s leading new-energy…
US dollar maintains its prices on Wednesday

US dollar maintains its prices on Wednesday

The US dollar exchange rate against the Egyptian pound relatively maintained its prices in Egyptian banks on Wednesday. According to…
Saudi crown prince launches $500 billion ‘NEOM’ project

Saudi crown prince launches $500 billion ‘NEOM’ project

Saudi Crown Prince Mohammed bin Salman announced the launch of  ‘NEOM’ city project Tuesday, an initiative to construct an integrated investment…
Edita launches first ever donut line in Egypt

Edita launches first ever donut line in Egypt

Egypt’s largest snack-food producer, Edita, is begining the first ever donut line in Egypt at its new E08 factory in Sixth of…
Tax revenues reach LE60 billion this year, Finance Ministry

Tax revenues reach LE60 billion this year, Finance Ministry

Deputy Minister of Finance for taxation policies Amr al-Munir said tax revenues witnessed an increase after the implementation of the…
Saudi Arabia opens major conference with eye on investment

Saudi Arabia opens major conference with eye on investment

Saudi Arabia on Tuesday opened a major investment conference aimed at shining a spotlight on the country’s efforts to overhaul…
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