Misr Italia begins VINCI project construction works with EGP 500m investments
Misr Italia Properties begins the construction work of VINCI boutique residential project with investments worth EGP500m in 2019. Misr Italia Properties announced finalising a deal with three contracting companies to implement the construction…
Egypt’s banking customer base “weak”, it’s not good timing for cryptocurrencies: CIB
Mohamed Farag, head of International Transactions and Digital Banking at the Commercial International Bank (CIB), described Egypt's banking customer base as "weak", with only 14 million customers. He explained that…
Third Arab Federation of Exchanges conference discusses technologies, encrypted currencies
Financial companies need partnerships with banks to offer financial solutions easily
No Egyptians to travel for Umrah without Ministry of Tourism approval: Supreme Committee for Hajj, Umrah
The Supreme Committee for Hajj and Umrah (lower lesser pilgrimage), confirmed that no Egyptian citizens will travel for the Umrah without taking the ministry of tourism's approval. The committee announced…
Trump’s ‘peace plan’ in Middle East to be unveiled in June
Plan has two main aspects, one political, another economic
For First Time in Egypt: Uber launches UberBlack in El Gouna
Uber announced on Wednesday that it has launched UberBlack in Egypt, a premium product that will be operated by the mobility solutions provider, Budget. It added that the product is…
Egypt faces water scarcity with renewable sources, virtual water
Climate change increases water crisis in Middle East
Oriental Weavers to deliver first phase of OIC before year-end
Egypt's Oriental Weavers Group revealed new details about its planned industrial city, Orientals Industrial City (OIC), in Ain Sokhna, announcing that the project will be built on an area of…
NTPC to invest in solar energy in Egypt
Egyptian market stable, attractive for investment, says NTPC’s GM
AOI will complete launch of two solar plants in Eritrea next October
Organisation with ELMACO, EGMAC to supply electrical equipment to both projects