Egypt

Saudi sovereign fund acquires stakes in 4 Egyptian government companies
Egypt

Saudi sovereign fund acquires stakes in 4 Egyptian government companies

The Saudi sovereign fund acquired minority stakes in four Egyptian government companies, at a value of US$1.3 billion. The acquisition…
Weather temperatures to stabilize across Egypt Friday
Egypt

Weather temperatures to stabilize across Egypt Friday

The Egyptian Meteorological Authority expects weather temperatures to stabilize in most parts, warning of high humidity, which increases the heat …
Eleven people killed in Aswan road microbus-truck collision
Egypt

Eleven people killed in Aswan road microbus-truck collision

The number of fatality victims in a horrific collision in Egypt on the Aswan Agricultural Road in front of the…
Foreign minister of Chinese Communist Party receives Egyptian ambassador in Beijing
Egypt

Foreign minister of Chinese Communist Party receives Egyptian ambassador in Beijing

The new Foreign Minister of the Chinese Communist Party, Liu Jianchao, received Egypt’s ambassador to China Mohamed al-Badry and members…
US dollar price stabilizes in mid-trading for Egyptian banks
Business

US dollar price stabilizes in mid-trading for Egyptian banks

The price of the US dollar stabilized in mid-trading, Wednesday, August 10, after slight changes over the past few days.…
Very hot, humid weather expected for Egypt on Thursday
Egypt

Very hot, humid weather expected for Egypt on Thursday

Meteorologists anticipate very hot and humid weather during the daytime on Thursday on Greater Cairo, Lower Egypt, Upper Egypt, South…
Sovereign Fund of Egypt announces completion of Saudi Sovereign Fund acquisition of 4 companies
Egypt

Sovereign Fund of Egypt announces completion of Saudi Sovereign Fund acquisition of 4 companies

The Sovereign Fund of Egypt (TSFE) announced that the Saudi Egyptian Investment Company, the investment arm of the Saudi Sovereign…
Russian Consul in Hurghada: 5 major tourism companies start trips to Egypt
Egypt

Russian Consul in Hurghada: 5 major tourism companies start trips to Egypt

The Russian Consul General in Hurghada, Viktor Voropaev, said that air sanctions against Russia are the only factor hindering the…
‘Emergency scooter’ introduced to Health Ministry’s ambulance fleet
Egypt

‘Emergency scooter’ introduced to Health Ministry’s ambulance fleet

In order to speed up the ambulance service, an “emergency electric scooter” will be added to the Health Ministry’s ambulance…
Saudi Sovereign Fund buys share of Egypt’s MOPCO
Business

Saudi Sovereign Fund buys share of Egypt’s MOPCO

Government sources revealed an agreement between the Saudi Egyptian Investment Company – the investment arm of the Saudi Sovereign Fund…
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