ENGIE sells 100% of West El Burullus offshore gas concession to Cheiron

Cheiron is a subsidiary of the Egyptian conglomerate PICO Group

Reem Hosam El-din Reem Hosam El-din

Government targets 4.6% economic growth in coming fiscal year

Total investments worth EGP 646bn, and the private sector share is 55%

Daily News Egypt Daily News Egypt

Abu Hamed insists on presenting Al-Azhar regulation law despite controversy

“All objections to the draft law are about generalities and not the core of the law,” Abu Hamed said

Mohammed El-Said Mohammed El-Said

WDEPC to pay JPY 327m to Mitsubishi next week

Company lost EGP 9.8bn due to exchange rate difference after flotation

Mohamed Farag Mohamed Farag

Attracting investment, improving business environment tops Al-Sisi’s visit to Bahrain

President concludes two-day Gulf tour after meetings with officials and businesspeople

Daily News Egypt Daily News Egypt

EGP 14 increase on ration cards per citizen in Ramadan

Government supports 71 million citizens with 21 million cards worth EGP 21 per citizen, for a total of EGP 1bn

Mohamed Ayyad Mohamed Ayyad

Indian tycoon Mallya ‘guilty of contempt’

Indebted liquor baron Vijay Mallya has been found guilty of contempt by India's highest court after sending millions of dollars to his children. His creditors are still waiting to get…

Deutsche Welle Deutsche Welle

32% increase in chemical exports during Q1 2017

Egypt’s exports of inorganic chemicals decreased by 6%, reaching $59.5m, says CFC

Shaimaa Al-Aees Shaimaa Al-Aees

CBE obliges banks to not deal with more than 7 exchange bureaus

Banks and companies granted 4-month transition period to adjust, says Negm

Hossam Mounir Hossam Mounir

A tiny island’s gigantic green goals

The smallest of the Canary Islands wants to shift to 100 percent renewable energy with wind and water power. It's an ambitious goal - but necessary in a warming world.…

Deutsche Welle Deutsche Welle