Lower interest rate, expiry of higher certificates to revive real estate sector in H2 2018

Most cash flow available after expiration will be pumped as investment in sector

Shaimaa Al-Aees

Shaun White soars to halfpipe glory

The biggest name in winter sports sealed halfpipe gold in a nail-biting final on day 5 in Pyeongchang, reminding everybody why he’s still the undisputed king of the slopes.With flame-red…

Deutsche Welle

Ilkay Gündogan stars in City rout as Juventus and Tottenham produce thriller

Joachim Löw watched on as German international Ilkay Gündogan inspired seemingly unstoppable Manchester City to a 4-0 win. In Turin, Sami Khedira had less luck as Tottenham fought back to…

Deutsche Welle

Agreement between Petroleum Ministry, BHGE to market petroleum exploration

Minister of Petroleum and Mineral Resources Tarek El-Molla signed a cooperation agreement between the Ministry of Petroleum and Baker Hughes, a GE Company (BHGE) to launch a project to create…

Daily News Egypt

Zohr field to save Egypt $4bn by end-2019

Production of Nooros gas field estimated at 1.2bn cubic feet per day; was expected to produce 350-400m cubic feet per day, says Moanas

Nehal Samir

Egypt’s petroleum minister meets Algerian counterpart to improve bilateral cooperation

Minister of Petroleum Tarek El-Molla met with his Algerian counterpart Mustapha Guitouni to discuss possible projects through cooperation between the two countries. El-Molla explained that the two countries have an…

Mohamed Samir

Hilton aims to add 3,000 new rooms in 4 years

Hilton Egypt’s indicators doubled in comparison to the previous year 

Abdel Razek Al-Shuwekhi

ABE, SMEDA sign EGP 40m deal to finance women projects 

60% of deal's value allocated to women below poverty line

Hossam Mounir

Finance Ministry prepares to replace stamp duties with capital gains tax on stock market transactions 

Plan to automate all taxation operations within 3 years, terminating paperwork

Nevine Kamel

South Africa’s ruling party disowns Zuma, demands his immediate resignation

South Africa’s ruling party the African National Congress (ANC) decided to disown the current South African President Jacob Zuma and demand his immediate resignation on Tuesday, following the party’s marathon…

Mohamed Samir