ADIB appoints Mohamed Aly as CEO, MD of ADIB Egypt

Abu Dhabi Islamic Bank (ADIB) has appointed Mohamed Aly as CEO of ADIB Egypt. Mohamed has over 30 years of international experience in the financial services and banking industry, having…

Daily News Egypt

Suez Canal Economic Zone attracts foreign investors in full swing: Mohab Mamish

The revenues of Suez Canal saw a year-on-year increase of 3.4% to reach USD 4.34 billion from January to October 2017

Daily News Egypt

Government land pricing policy reasonable for investors: Minister of Housing Mostafa Madbouly

High interest rate environment negatively affected investment in real estate sector

Elsayed Solyman

Economic reform program starts to pay off: Prime Minister Sherif Ismail

The worst is over and the country's economy is steadily moving towards sustainable development

Shaimaa Raafat

Siemens adds 1,200 MW from New Administrative Capital power plant in January 2018

The German company Siemens intends to add 1,200 MW of electricity to the national grid in January 2018 through three production units in the New Administrative Capital power plant. Sources…

Mohamed Farag

XD EGMAC completes 7 transformer substations in 2 months

XD EGMAC Company is set to complete building seven transformer substations within two months at a cost of EGP 650m. XD EGEMAC's CEO, Medhat Ramadan, told Daily News Egypt that…

Mohamed Farag

NREA to offer tenders of 400 MW next year

Negotiations with Siemens to reduce tariff for wind farms are ongoing

Mohamed Farag

Egypt’s parallel electric grid to be ready in January

The companies executing the parallel electrical grid will complete the linking of Beni Suef’s power lines to the Aswan High Dam in January 2018, at a cost of up to…

Mohamed Farag

ERC completed 95% of the advanced laboratory in Qalyubia: Managing Director

Mechanical works to be completed in May, soft operation begins in June 2018

Mohamed Farag

17% of girls in Egypt married at the age of 18

17% of girls in Egypt married at the age of 18, while in Yemen the percentage is 32, two percent in Tunisia, and three percent in Algeria, according to UNICEF…

Daily News Egypt