World economic growth projected to pick up in H2 of 2019: IMF
Global growth softened to 3.6% in 2018, predicted to decline further to 3.3% in 2019, says Gopinath
Egyptian economy growing at very reasonable rate: IMF
Washington DC - Gian Maria Milesi-Ferretti, the deputy director in the Research Department of the International Monetary Fund (IMF), told Daily News Egypt that Egypt's economy is doing well as it…
United Energy Group acquires Kuwait Energy for $650m
Shalakany acted as sole buy side legal advisor for all Egyptian assets on this transaction
Tender to be launched over site consultancy of solar plant in west Nile
The companies qualified for establishing a solar energy plant with a 200MW capacity west of the Nile will be launching a tender to choose a consultant for the studies of…
Egypt rejects French wheat shipment for excessive levels of ergot fungus
Egypt has rejected a French wheat shipment for because of higher-than-acceptable levels of grain ergot fungus, Reuters reported on Tuesday, citing trade sources. According to the Codex Alimentarius, a joint…
US designates Iran’s Revolutionary Guard as ‘foreign terrorist organisation’
In return, Iran's Supreme National Security Council labelled US army as terrorist entity
Algeria’s parliament named Abdelkader Bensalah as interim leader for 90 days
Move follows constitutional rules but goes against protesters’ demands
Seven Sudanese people killed as sit-in outside military headquarters continue
Security forces used live fires, tear gas against thousands of demonstrators
Israeli voters cast ballots in Knesset’s crucial elections
Around 6.3 million are eligible to vote in electoral race
Basic interest rates, future outlook of inflation consistent with our goals: CBE
Egypt’s real GDP growth softened to 5.3% Q3 2018, unemployment rate inched up to 10.0%
