1.5% increase in inflation rate in April: CAPMAS
The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced in its monthly bulletin that the inflation rate in Egypt increased by 1.5% in April compared to March, reaching 273.9…
21 alleged militants killed in a new operation for armed forces in Sinai
Extensive operation Sinai 2018 started on 9 February to combat militants in Sinai
KarmSolar, El Badr for Investment and Commercial Spaces sign 20MW solar power agreement for Arkan Plaza to run 100% on solar energy by 2021
KarmSolar signed a deal with El Badr for Investment and Commercial Spaces to generate and distribute solar power to Arkan Plaza, in El Sheikh Zayed on Thursday. The deal includes…
EU-Egypt partnership priorities are guided by a shared commitment to universal values of democracy: Ivan Surkoš
40% of EU's aid portfolio to Egypt targets economic, social development, employment creation
From the world's workshop to the world's tech hub: China's economic leap forward
The Chinese government believes that it can become the top tech nation in the world sooner rather than later. Some milestones have already been met with more in sight as…
Egypt’s economic outlook improves backed by PMI improvement, inflation decline, Zohr gas field: FocusEconomics
Egypt’s economy appears to be in good shape approaching the end of this fiscal year (FY), backed by improvements in non-oil private sector business conditions in the purchasing managers index…
New regulatory reforms to support Egypt’s insurance sector: OBG
The series of reforms adopted by the Egyptian authorities to expand insurance penetration, with the expectation that regulatory measures, coupled with the rollout of universal health coverage, will lead to…
Ministry of Antiquities to restore Hosh al-Pasha archaeological site
Aiming to take a step forward in the Historic Cairo Restoration Project (HCPR), the Ministry of Antiquities announced on Wednesday the commencement of procedures to study the Hosh al-Pasha archaeological…
Pompeo heads back to US with three released American hostages
Three Americans who were imprisoned by North Korea are on their way back to the United States, President Donald Trump announced on Wednesday, following their release during US Secretary of…