Majid Al Futtaim to establish 100 Carrefour retail stores

Majid Al Futtaim, the owner of the Carrefour supermarket chain in 38 markets, signed a cooperation protocol with the Ministry of Investment and International Cooperation and the National Service Projects…

Shaimaa Al-Aees

3 companies offer to produce energy, directly sell it to consumers

Projects worth $400m, committee formed to examine requests 

Mohamed Farag

Egypt’s Capital Market Law amendments are credit positive: Moody’s

The latest amendments to Egypt's Capital Market Law, recently approved by parliament, are credit positive for the country's banks, according to a statement issued by the credit rating agency Moody’s…

Daily News Egypt

Trade minister heads to Geneva for WTO review of Egypt’s trade policy

Egyptian Trade and Industry Minister Tarek Kabil is heading to Geneva, Switzerland with an Egyptian delegation to participate in meetings to review the trade policy of Egypt, which is held…

Shaimaa Al-Aees

EGP 3.027tn total deposit balances in 2016/2017 

Total deposit balances increased in 2016/2017 to reach EGP 3.027tn, an increase of 43.1%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The CAPMAS attributed this increase…

Shaimaa Raafat

Syrian troops to support YPG against Turkish military in Afrin

Ankara considers Syria's PYD, its armed wing YPG terrorist groups

Mohammed El-Said

New museum to be established in Kafr El-Sheikh

The Ministry of Antiquities announced beginning the work to construct a new museum in Kafr El-Sheikh governorate, with a EGP 30m allocated budget, after work on it was halted in…

Daily News Egypt

Insurance coverage of King Tut belongings to be shown abroad valued at $862m: El-Anany

Ministry expects returns of $5m, exhibition expected to take place in 10 world cities, antiquities minister says

Abdel Razek Al-Shuwekhi

Shoukry, Al-Abadi discuss Egypt’s contribution to Iraq reconstruction

During his participation at Munich Security Conference, Shoukry held about 20 meetings

Daily News Egypt

Luxor African Film Festival to kick off 16 March

The Luxor African Film Festival held a press conference on Sunday announcing its full programme and schedule for its seventh edition, due to begin on 16 March. The festival is…

Daily News Egypt