Egypt’s bank deposits rise 43% in May

The data of the Central Bank of Egypt (CBE) showed a rise in total bank deposits during May 2017, by 43% year-on-year. Deposits amounted to...

US companies to increase investments in Egypt

Minister of Investment and International Cooperation Sahar Nasr met on Friday with representatives of General Electric, AbbVie pharmaceuticals, Johnson, Cargill, Merck & Co. pharmaceutical...

British trade delegation visits Egypt to explore new investment opportunities

UK Trade Envoy to Egypt Jeffrey Donaldson arrived in Cairo on Saturday, accompanied by representatives of various British companies, aiming to explore new investment...

Egypt to offer 10 more Armed Forces’ companies on stock exchange

Egypt is preparing to offer 10 more companies belonging to the Armed Forces on the stock exchange after it had offered shares...

President Abdel Fattah El Sisi’s visit to Kuwait and Bahrain assert determination to...

 By Amira Elhamy and Yasmine Fouda Last Sunday, following his visit, to UAE, President Abdel Fattah El Sisi started a four day visits to Kuwait...

Egypt and Tanzania set bilateral cooperation on track

In his African tour visiting Tanzania, Rwanda, Chad, and Gabon, Egyptian President Abdel Fattah El- Sisi arrived in Tanzania's capital on Monday for a...

Egypt to revolutionise its health care system from 2018

Residents of the northern of governorate of Port Said will be the first to enjoy the fruits of the new medical insurance law approved...

AFDB approves $55m loan for 3 solar PV projects in Egypt

The African Development Bank (AfDB) Group approved three major loans worth $55m in order to finance three solar PV projects. This comes under the...

EIB to loan Egypt’s Banque Misr $500m. to fund SMEs

The European Investment Bank (EIB) has agreed to loan Egypt’s Banque Misr a $500 million package to fund small and medium enterprises (SMEs), deputy...

El-Sisi reviews contract on Dabaa nuclear power plant with head of Rosatom

President Abdel-Fattah El-Sisi received on Sunday the new head of the Russian State Atomic Energy Corporation Rosatom, Alexei Likhachev, expressing Egypt's keenness to finalise...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...

Petroleum Marine Services Company (PMS) Profits increase 28% in 2023

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...

Misr Maintenance Company achieves EGP 8.8 bn revenues

The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...