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,...

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...

Bin Talal sells stake in Murdoch’s 21st Century Fox

Saudi billionaire Al-Waleed bin Talal has sold his remaining stake in Rupert Murdoch’s 21st Century Fox Inc., according to Bloomberg. Bin Talal had been...

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...

Sharm El-Sheikh’s 2017 Africa Conference opens the gate for the wealth of the continent’s...

Last week, Sharm el-Sheikh hosted the 2017 Africa Conference, marking the second session of the conference for the second consecutive year after the Africa...

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...

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...

Hala Sakr appointed as member of EGX board of directors

The board of directors of the Egyptian Stock Exchange (EGX) approved the appointment of Hala Sakr, managing director of Barclays Bank Egypt, to the...

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;...

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...

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...

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Women honored at EGPS 2019

Minister of Petroleum and Mineral Resources Tarik El-Mulla stressed the increasing role of women in energy sector and in the various...

The Export Development Bank of Egypt opens a new branch in Beni Suef

Mr. Hani Abdul-Jaber, Governor of Beni Suef and Dr. Ahmed Galal, Vice Chairman of the Board of Directors of the Export Development...

Minister of Supply counter traders exaggerated bread pricing at the Journalists City by moving...

Dr. Ali Meselhi, Minister of Supply and Internal Trade, agreed to allocate a moving outlet for the sale of subsidized bread at...
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