Business
Mamish: Suez development project will multiply canal revenues
March 14, 2015
Mamish: Suez development project will multiply canal revenues
Egypt's Suez Canal development project will allow "most types of ships" to pass through, Suez Canal Authority Chairman Mohab Mamish…
Egypt secures billion in investment at key conference for Sisi
March 14, 2015
Egypt secures billion in investment at key conference for Sisi
gypt had secured billions of dollars in investment deals and aid pledges by Saturday at a conference hailed as a…
Siemens reaches Egypt power deal worth ‘several billion euros’
March 14, 2015
Siemens reaches Egypt power deal worth ‘several billion euros’
German conglomerate Siemens has reached "firm agreements" for power sector projects with Egypt worth several billion euros, the German government…
Islamic Trade Finance Corp signs $3 bn oil products deal with Egypt
March 14, 2015
Islamic Trade Finance Corp signs $3 bn oil products deal with Egypt
Islamic Trade Finance Corporation signed a $3 billion deal with Egypt on Saturday to help it import refined petroleum products.The…
Top Egypt businessman says Cairo should fire slack civil servants
March 14, 2015
Top Egypt businessman says Cairo should fire slack civil servants
One of Egypt's top businessmen said on Saturday the country needs to fire inefficient civil servants in order to attract…
Kerry expects aid to Egypt to be delivered “soon”
March 14, 2015
Kerry expects aid to Egypt to be delivered “soon”
United States Secretary of State John Kerry said on Saturday he expects a decision to be issued "soon" regarding the resumption of…
Handelsblatt: Germany invites Egyptian president for state visit
March 14, 2015
Handelsblatt: Germany invites Egyptian president for state visit
Germany's economy minister on Saturday invited the Egyptian president for a state visit to Germany, the newspaper Handelsblatt reported in…
BP signs US$12 billion energy deal in Egypt
March 14, 2015
BP signs US$12 billion energy deal in Egypt
British oil company BP (BP.L) finalized on Saturday a US$12 billion deal with Egypt to develop 5 trillion cubic feet…
Prime Minister lays out Egypt’s plan for economic reform
March 14, 2015
Prime Minister lays out Egypt’s plan for economic reform
Egypt's Prime Minister Ibrahim Mehleb laid out on Saturday the country's plan form economic reform, during the second day of…
C.bank governor: No black market in currencies in Egypt
March 14, 2015
C.bank governor: No black market in currencies in Egypt
Egypt has enforced a set of rules which have eliminated the black market in currency, the central bank governor said…