Sarwa Capital to issue EGP 2.5m worth Sukuk of Contact Finance within 2 weeks

Sarwa Capital had signed a cooperation agreement with Banque Misr and the Misr Capital Company to guarantee, promote, and cover the financing instruments for the benefit of Contact Finance. The…

Daily News Egypt

Egypt is hub for international energy interconnections, corridors: Electricity Minister

Egypt’s first nuclear reactor is expected to be connected to national grid by 2026 end or early 2027, says Minister Mohamed Shaker

Nehal Samir

Tripartite legal-technical committee finalises GERD negotiation mechanism 

During Wednesday meeting, GERD parties will exchange views on disputed points

Daily News Egypt

5 killed, 15 injured in Vienna shooting attack

Austria’s Federal Minister of Interior says ‘Islamist terrorist’ was involved in Vienna attack

Daily News Egypt

Fertiliser stocks rise on speculation of subsidy removal, investment law amendments

If implemented, it would spell very good news for local fertiliser producers, which currently sell around 40%-50% of their urea and nitrate fertiliser output to the government at a discount…

Alyaa Stohy

Egypt, Italy to launch 4th phase of Debt Swap Program for Development

The review came as Egypt’s Minister of International Cooperation Rania Al-Mashat and Italy’s Ambassador to Egypt Giampaolo Cantini chaired a meeting of the Committee for the Management of the Debt…

Nehal Samir

Water, Irrigation Minister discusses cooperation with EBRD representatives

Meeting also touched on current negotiations over filling, operation of GERD 

Daily News Egypt

Tripartite legal-technical committee finalises GERD negotiation mechanism 

During Wednesday meeting, Egypt, Ethiopia, Sudan will exchange views on disputed points over GERD

Daily News Egypt

Culture Minister attends 2nd day of 29th Arab Music Festival

The minister added that the festival confirms Egypt's belief in the important role that arts and culture can play in the development process.

Daily News Egypt

CAPMAS studies repercussions of COVID-19 on Egyptian economy

Egypt’s real annual GDP growth decreases 0.6% in Q3 of FY 2019/20 compared to Q3 of FY 2018/19

Hossam Mounir