Day: August 15, 2018

Al-Sisi renews term of Mamish as Suez Canal chairperson

This August Egypt celebrated second anniversary of inauguration of Suez Canal

Daily News Egypt

Economic committee of ministers approves ACWA Power to establish wind farms

Contracts to be signed in two months, price set at 3.12 cents

Mohamed Farag

Government launches national payment card before end of 2018: e-finance head

e-finance completes all necessary tests for card before being put under supervision…

Hossam Mounir

African Leaders Hold Summit for a Conflict-free Africa

In celebration 100th anniversary of the births of former South African President…

Mohamed Samir

Privatisation always been on state’s agenda, good step, with maintaining free-market balance: Al-Sisi

Subsidies will not be cancelled, to maintain social balance during difficult economic…

Mohamed Samir

NREA pays EGP 180m of debt to NIB

The New and Renewable Energy Authority (NREA) paid EGP 180m of its…

Mohamed Farag

EBRD funds Beyti with $44m

Beyti plans new investments to expand production

Hagar Omran

B Investments achieves net profits of EGP 112m in H1 2018, recording 21% y-o-y increase

Hazem Barakat, chairperson of B Investments, announced in a press statement on…

Daily News Egypt

Sharm El-Sheikh, Hurghada occupancy grows over 30% in Q2 2018: Colliers

Supply rise by 9% in KSA, 3% in UAE, 2.1% in Egypt…

Mohamed Samir

Mobile market loses 1.45% users, internet gains 800,000 new users

The number of mobile subscribers decreased during May by 1.45% month-over-month. According…

Mohamed Alaa El-Din