Year: 2017

Ministry of Tourism allocates $10m to promote Sharm El-Sheikh resorts

Current occupations of Sharm El-Sheikh do not exceed 50% from Ukrainians, Arabs,…

Ahmed Saad

Go Bus increases fleet to 400 buses

Company will buy 100 units worth EGP 300m, according to Nassief

Aisha Zidane

Pharos holding acquires new licence to trade in foreign markets

The licence will solidify Pharos position within the market, says Pharos’ CEO 

Daily News Egypt

Egypt’s budget deficit drops 1.6% in FY 2016/17

“Egypt`s budget deficit dropped to 10.9% of GDP instead of 12.5% during…

Nihal Mounir

MSMEs Development Authority supports projects of young inventors

Authority pays particular attention to the financing of industrial projects and provides…

Hossam Mounir

The government and ACWA POWER are considering power station in Luxor worth $2.5bn

The government and ACWA POWER are considering power station in Luxor worth…

Mohamed Farag

Madinet Nasr for Housing & Development posts 246% hike in H1 net profit

Delivered units totalled 146 units in H1 2017, EGP 2.5bn in contracted…

Elsayed Solyman

Misr for Sound, Light expects 10-15% revenues growth in H2 of 2017/18

The ticket offers will contribute to increasing the company's revenue growth and…

Daily News Egypt

Military Factory 54 supplies equipment to build Algerian agricultural recycling plant 

Al Maadi Company for Engineering Industries signed a contract the Algerian company…

Hossam Mounir