Sika completes 99% acquisition of Bitumode with Pharos as sell-side financial advisor

Deal confirms the confidence of foreign investors in the feasibility of investing in Egypt, says El Ghazaly

Alyaa Stohy

Arab League hopes for GNA acceptance of Cairo Declaration

President Abdel Fattah Al-Sisi affirmed Egypt’s keenness for comprehensive political settlement in Libya

Bassant Mohammed

Egypt raises electricity prices, phasing out remaining subsidies over 3 years

Household electricity prices increase by an average of 19.1%

Shaimaa Al-Aees

Egypt’s GDP growth forecast at 3% in FY 2019/2020: World Bank

Real economic growth would hit 5% during Q3 of FY 2019/2020, says El-Said

Shaimaa Al-Aees

Egypt reports 1,385 new COVID-19 cases, 35 deaths

Total recoveries reached 9,786, death toll stands at 1306

Daily News Egypt

Communication Ministry, AWS partner on AI, data science training

Talaat’s announcement came during an online press conference held with the participation of a number of ministry leaders.

Mohamed Alaa El-Din

Egypt allocates EGP 8.5bn to establish 13 industrial parks for SMEs

Companies face decrease in labour-supply due to ongoing COVID-19 circumstances

Daily News Egypt

Secrets of Arabia’s prehistoric monuments revealed in study 

Discovery of platform in modern day Saudi Arabia provides better understanding of area’s uses and populations

Daily News Egypt

Banque Misr arranges EGP 1.5bn loan to finance Damietta Furniture City

Project aims to establish integrated industrial city that includes furniture manufacturers and specialists

Hossam Mounir

Borg El-Arab Airport receives 9 repatriation flights from Saudi Arabia, Kuwait

Total of 5,879 Egyptians stranded across GCC arrived in Cairo on Monday

Daily News Egypt