Electricity Ministry considers parliament’s request to include 25% of fixed installment for factories’ actual consumption

Government has agreed to schedule debts for three months, response to parliament’s memorandum in two weeks

Abdel Razek Al-Shuwekhi

EGP 1bn settlement between Mamish, Suez Industrial Development Company

Suez Canal Authority open to principle of friendly settlement, says Mamish

Mohamed Samir

Blackberry tool aims to stop self-driving cars from being hacked

The struggling phonemaker is staking its future on new cybersecurity software that aims to protect driverless cars. It says the tool could also have uses in the healthcare and industrial…

Deutsche Welle

MTI signs distribution agreement with world’s 2nd largest producer of household appliances

Sales planned to begin February 2018, expected to add over EGP 200m to 2018 company revenues

Elsayed Solyman

Misr Petroleum eyes revenues of EGP 49.8bn next FY

We plan to buy 14 aircraft supply units, company says

Daily News Egypt

McDonald’s announces ambitious recycling goals

The world's largest restaurant chain has said it's aiming to get all of its packaging from renewable or recycled sources within 7 years. The effort is also expected to be…

Deutsche Welle

Tourism Minister Rania Al-Mashat: a very old, very new idea

Many were taken by surprise when news leaked that locally and internationally acclaimed economist Rania Al-Mashat was appointed to become Egypt’s minister of tourism, followingsucceeding Yehia Rashed, who was known…

Mohamed Shirin El Hawary

3 suspected extremists arrested in central Sinai

The Egyptian Armed Forces said on Tuesday that its forces arrested three alleged extremists amid the ongoing military operations fighting terrorism in the region, military spokesperson Tamer Al-Refaei said in…

Daily News Egypt

23.6m smartphones in Egypt at end-2017

The number of smartphones in the domestic market has risen to 23.6m at the end of 2017, up from 21m at the end of 2016. The number of smartphones increased…

Mohamed Alaa El-Din

South Sudan’s Jubek State, Atta Group sign cooperation protocol to establish largest industrial zone

Jubek State of South Sudan signed in Cairo a memorandum of understanding (MoU) and a cooperation protocol with the Arab Organisation for Industrialisation (AOI) and the Atta Investment Group on…

Daily News Egypt