NSPO acquires 20% of TAQA Arabia for nearly EGP 1.63bn
The National Service Projects Organisation (NSPO) acquired on Monday 20% stake of TAQA Arabia for EGP 1.629bn. Silverstone Capital reduced its stake in TAQA Arabia from 49% to 29%. The…
Irrigation Minister, French ambassador in Cairo discuss bilateral cooperation in water sector
Egypt will organize 6th Cairo Water Week under title "Working on Adaptation in the Water Sector for Sustainability" Egypt’s Minister of Water Resources and Irrigation, Hani Sweilam, met on Tuesday…
Egypt expresses sincere solidarity, condolences to Algeria over wildfires
Egypt expressed on Tuesday its solidarity with Algeria following the recent wildfires, which resulted in dozens of casualties, the Foreign Ministry said in a statement. Egypt also offered sincere condolences…
Foreign Ministry summons Chargé d’Affairs of Sweden over Quran burning
Egypt informs Chargé d'Affaires of its ‘strong condemnation, complete rejection of Quran burning’
Egypt mulls establishing first blood bag manufacturing plant
Project is implemented through public-private sector partnership, aims to meet local needs as well as exporting
NBE, Banque Misr offer new 7% and 9% dollar savings certificates
The National Bank of Egypt (NBE) and Banque Misr announced Tuesday the issuance of two three-year dollar savings certificates with 7% and 9% yields, as of Wednesday. The NBE said…
Egypt witnesses 71% increase in FDI net inflows during FY 2021/22: GAFI
GAFI acts as window for issuing project licences from 67 different government agencies
Gennvax Egypt obtains golden licence to establish vaccine manufacturing plant
Egyptian Prime Minister Mostafa Madbouly has granted the golden licence to Gennvax Egypt to establish and operate the largest scientific and regional R&D centre and a facility to locally manufacture…
Egypt, ENI sign a cooperation protocol to support establishing a training centre for health cadres in Port Said
Egypt’s Minister of Health and Population Khaled Abdel Ghaffar, witnessed the signing of a cooperation agreement between his ministry and the Italian company ENI to support the project of establishing…
Egypt Condemns Suicide Bomber Attack in Somalia
Egypt on Tuesday condemned a suicide bomber attack in Somalia that killed at least 20 soldiers. The attack took place at a training camp in the Somali capital, Mogadishu, on…