Egypt retracts on buying water from private sector over high prices
Companies offered EGP 17-20 per metre square of water, government requested EGP 7
Al-Sisi to inaugurate new mega tunnels, floating bridges in Ismailia, Port Said
Tunnels will connect Sinai with Nile Delta
Egypt to renew oil hedging to shield against oil prices fluctuations: Minister of Petroleum
Renewal is essential to secure subsidy allocations from price changes, says El-Molla
Al-Sisi meets with World Bank president over Egypt’s economic reforms
Malpass welcomes Al-Sisi’s implementation of reforms, recognises need for further progress on subsidies, governance, debt transparency, state-owned enterprises
Egypt to become most important tourist destination in 2020: Adventures by Disney
Egypt is to become most important tourist destination by 2020, according to Adventures by Disney, one of the most important global travel websites. The site speaks about the experience that…
Uber, Careem reveal to ECA details of their acquisition deal, waiting for its decision
As per law, ECA to take one of three decisions: approval, rejection, or conditional approval
Sawari Ventures plans to invest EGP 300m end-2019 through four new deals
Ahmed El-Alfy, chairperson of Sawari Ventures, said that the firm will be implementing new deals over the next few months after the recent acquisition of Swvl, noting that the fund…
Bank Audi signs final agreement for acquisition of NBG Egypt
Deal depends on approval of both CBE, Banque Du Liban
Cultural tourism represents 30% of Arab tourist inflow to Egypt
Average expenditure of Arab tourists is three times size of European tourists
David Wagner has the goods to shake up Schalke
Schalke are reportedly on the verge of appointing David Wagner as its new coach. Once of Borussia Dortmund, Wagner has the quality to shake them back into life after a…
