Month: April 2018

Informa acquires ownership of Electricx after Egytec withdraws

Disagreements regarding objectives reason for exit; company will continue manufacturing electric equipment,…

Mohamed Farag

14.8% increase in traded goods at Damietta Port in January

42% growth in number of exported containers

Mohamed Alaa El-Din

OUD to inaugurate Side Wake Mall in New Cairo in 2020

The mall’s investments amounted to EGP 350m, says Hamdy

Shaimaa Al-Aees

SOMA gallery to host Youssef Ragheb’s Full Fathom Five exhibition

The Cairo-based SOMA art gallery will host an exhibition by artist Youssef…

Daily News Egypt

State-owned companies offering to improve transparency, governance: public enterprise minister

Government has no intention to sell or dispose of those companies

Mohamed Samir

Al-Sisi to inaugurate Siemens power plants at full capacity next month

12,800 MW added to grid, commercial operation begins in May

Shaimaa Raafat

Egypt targets EGP 166.38bn increase in total tax revenues in FY 2018/19

Tobacco tax revenues increased EGP 7.072bn compared to expected FY 2017/18 financial…

Mohamed Samir

Al-Sisi attends closing ceremony of ‘Gulf Shield 1’ parade in KSA

President met with his Lebanese, Tunisian, Yemeni counterparts on sidelines of 29th…

Daily News Egypt

Who do Borussia Dortmund turn to with a top-four finish on the line?

With Michy Batshuayi likely to miss the remainder of the season, more…

Deutsche Welle

AAIB named best investment bank in Egypt by Global Banking and Finance Review

Bank gateway to international investments in Egypt by providing best financial, investment…

Daily News Egypt