A new IDB office in Cairo
The Minister of Investment and International Cooperation Dr. Sahar Nasr met with President of the Islamic Development Bank (IDB) Dr. Bandar Hajjar, on the...
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...
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;...
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...
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...
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...
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,...
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...
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...
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...
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...
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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...