Glitzy Eurovision pageant gives boost to Lisbon tourism

The Eurovision Song Contest 2018 kicked into high gear on May 8 in Lisbon, with tens of thousands of music fans further boosting the record tourist numbers in the city.After…

Deutsche Welle

Egypt, Saudi Arabia to sign electricity connection agreement in June

Project cost rises to $2bn;  companies implementing lines, cables to be announced next month

Mohamed Farag

Fawry Plus POS to reach 360 outlets in two years: Okasha

Fawry, an e-payments company, aims to expand its Fawry Plus services in the coming period. According the company's managing director, Mohamed Okasha, it now operates 60 Fawry Plus points of…

Daily News Egypt

IDC hosts Egypt’s most influential ICT leaders for annual CIO Summit in Cairo

The International Data Corporation (IDC) hosted the fourth Egypt CIO Summit at the Nile Ritz-Carlton in Cairo. The annual summit, titled Developing a Blueprint for Thriving in the Digital Economy,…

Daily News Egypt

Russian pipe dream hits raw European nerve

Even if it falls apart, a planned Russian-German gas pipeline has already succeeded in one Kremlin objective: sowing discord in the West. But some believe commercial concerns will win out…

Deutsche Welle

Thinning out the crowd at Eurovision

In the first of two semifinals of this year's Eurovision Song Contest in Lisbon, 10 out of 19 entries have been selected to go on to the final on Saturday.In…

Deutsche Welle

Loris Karius named German Football Ambassador 2018

Liverpool goalkeeper Loris Karius can add winning the German Football Ambassador player’s prize to the list of accomplishments in his young career. Globe-trotting coaches Otto Pfister and Gert Engels were…

Deutsche Welle

MPs demand to see plan to list state companies on EGX

Finance Ministry tells planning, budget committee government will offer 15-30% of 23 companies over two years

Slashing subsidies without improving public services eliminates middle class: MPs, economists

Government will reduce fuel subsidies next fiscal year to EGP 89bn from EGP 110bn this year, while electricity subsidies trimmed from EGP 30bn to EGP 16bn