Qalaa Holdings records total revenue of EGP 7.4bn in 2Q 2020
Qalaa’s top-line growth in 2Q 2020 was driven by Egyptian Refining Company’s (ERC) contribution of EGP 4bn during the period, constituting c.53% of Qalaa’s consolidated top-line.
Taj Misr launches Ezdan, DE JOYA1 in New Capital with EGP 3bn investments
Mostafa Khalil, Chairperson of Taj Misr, said that DE JOYA1, to be built on 23 feddan, is a fully-serviced residential compound designed according to the highest technical specifications that suit…
GAFI facilitates residency application procedures for foreign investors
The move comes as part of the authority's efforts to improve the investment climate and encourage more foreign direct investment to Egypt.
Egypt Transport Minister follows up on World Bank-financed railway signalling modernisation
According to the ministry’s Thursday statement, the project covers the Cairo / Giza / Beni Suef railway line with a length of 125 km. The meeting also discussed the progress…
Egypt’s trade deficit decreases by 51.8% in July
The value of the trade deficit amounted to about $2.28bn in July 2020, compared to $4.73bn in the same month of the previous year.
SANAD, Banque du Caire strengthen partnership to support MSMEs in Egypt
NEW loan of $15m bolsters funding base for important economic pillars
Egypt ETA signs MoU with MSMEDA to facilitate SME establishing procedures
The agreement aims to support integration of the informal sector into the formal sector.
Al-Sisi in Kuwait to offer condolences on Emir Sabah
Sheikh Nawaf, 83, assumes power in world’s mega oil producer
Mohamed Abdallah named new CEO of Vodafone Egypt
Abdallah joined Vodafone in 1998 and since then he held senior commercial roles in Vodafone Egypt including Vodafone Business Director and most recently Consumer Business Director.
“Power Monster” realme C15 is the fastest-selling smartphone
New C15 has, since its launch, managed to achieve high and fast sales nationwide