IBM announces Major block chain solution to speed global payments

IBM has announced a new block chain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce...

EgyptAir to buy 33 new planes

EgyptAir Company will sign contracts to buy 33 planes of the latest models as part of the national carrier's efforts to renew its fleet,...

Mercedes-Benz in initial talks to return to Egyptian markets following 2-year hiatus

“has succeeded in initial talks” with Mercedes-Benz officials to bring the international automobile manufacturer back to Egypt following a two-year halt, the head of...

Emaar plans first Vida hotel project in Egypt

UAE-based Emaar Hospitality Group is set to develop Vida Marassi Marina, a major leisure development with 120 hotel rooms and suites offering a refreshing;...

GE subsidiary wins project in Egypt’s Zohr Gas Field

In a signing ceremony hosted by Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company announced a...

Suez Canal Bank is soon to finalise its strategy

The new board of directors of the Suez Canal Bank, headed by Hussein El-Refaie, will complete preparing the bank’s strategy and work plan for...

China’s central bank: Bitcoin offerings are illegal

Bitcoin has tumbled by the largest amount since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising...

Tarek Amer named Central Bank Governor of the Year 2017

News Agencies, Governor of the Central Bank of Egypt Tarek Amer was named Central Bank Governor of the Year for Middle East and North...

Zambia hosts Africa private sector job creation forum

ZAMBIA is scheduled to host the first Africa Forum on Private Sector Inclusive Green Growth and Job Creation where local and international experts will...

GE, Siemens offers to upgrade Egypt’s railways

Investment and International Cooperation Minister Sahar Nasr and Transport Minister Hisham Arafat discussed with senior officials of General Electric (GE) and Siemens their offers...

Japan’s JGC to build $6,3bn LNG plant off Mozambique

A consortium including JGC has reached a 700 billion yen ($6.33 billion) deal to build a floating liquified natural gas platform, off the coast of...

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High time to invest in Egypt

Since 2011, Egypt has been facing great challenges that ranged from irregular loss of electricity, failure to commit to our obligations to international Oil...

Aramco’s IPO Listing, going east or west

Saudi Arabia is still in talks with strategic investors such as China, Japan, the US, the UK and South Korea before deciding where to...

BNP Paribas: Egypt is the 16th largest gas-reserve holder, can it become the regional...

As Egypt inaugurates the launch of the first stage of its giant Zohr gas field in the Mediterranean on Wednesday, it is time to...
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