Recently opened factory will increase Q4 profits: managing director of MBEN
Ahmed Bahaa, managing director of MB for Engineering and Contracting (MBEN), and member of the Egyptian Exchange’s board, revealed that setting up the company’s recently opened factory in Sixth of…
Egypt exports to Africa $1.253bn in 2016, $1.043bn in imports
Exports include sugar, paper, gold, essential oils, plastics, imports include natural gas, tea, copper, coal, iron ore
Fawry gets $20m from foreign investment fund
Ashraf Sabry, CEO of Fawry electronic payment company, disclosed that his company has received an investment of $20m from a foreign investment fund. Currently, the company is working to expand…
Nasr signs €500,000 agreement with AFD to support public transport
Agreement will improve issuing tickets, reduce metro station operational costs
850bn cubic metre gas reserves in Zohr field
Zohr, a natural gas field, is the largest discovered field in Egypt and the Mediterranean Sea, with gas reserves estimated at 850bn cubic meters, according to Eni Company. The Zohr…
Court postpones Mubarak sons trial to 17 December
The former president’s sons are accused of making illicit gains from sale of Egyptian National Bank
29 defendants in ‘Turkey espionage’ case detained for 15 days
The prosecution ordered the detention of 29 defendants for 15 days pending investigations, on accusations of collaborating with Turkey, “with the aim of endangering the interests of the nation,” according…
Al-Sisi, Putin discuss Syrian crisis, confronting terrorism
The two leaders discussed means of boosting bilateral relations
Op-ed review: Egypt supports Lebanon and Al-Hariri
Candidacy of Ahmed Shafiq gets unsupported reviews
A Reshaped Middle East
November 2017 has seen dramatic developments in the Middle East. For the last few months, indications have been that the region has finally gained the upper hand in its three…
