Egyptian economy passed through most difficult phase, reform dangers started fading: Unilever Mashreq managing director
The decisions and laws made by the government over the past months to fix economic climate have contributed to solving 80% of economy’s problems, the remaining percent depends on the…
President’s attendance at Nile Basin summit reaffirms Egypt’s role in Africa: Nour El-Din
The south of the state should be dedicated for industrial activities because it does not need a lot of water and helps in providing work opportunities in this area, says…
France’s Total signs Iran gas deal delayed by sanctions
Iran has signed a contract with French energy giant Total to develop its giant South Pars gas field. The 20-year deal is the largest since sanctions were lifted against Tehran…
Spending in Egypt’s housing sector increases by 276% in FY 2017
A report by the Finance Ministry projects that only 30% of the planned budget will be spent by the end of FY 2016/2017, reducing last year’s spending gain to only…
Egytrans launches road transport fleet project worth EGP 9m during current FY
Egytrans signed an agreement with Ahli United Bank to have a facility of EGP 35m as letters of guarantee and about EGP 20m working capital
Egypt pound under fire as CBE shifts to remove limits on foreign currency transfers
Companies getting ready to transfer their profits could weigh on the weak pound
Stindl strike seals Confederations Cup win for Germany
A dreadful defensive error from Chile's Marcelo Diaz handed Germany a second international tournament win of the weekend. Gladbach's Lars Stindl was the man to profit, as Germany's ruthlessness decided…
Sahr Nasr vows to empower women, provide equal investment opportunity
The minister says government has set half of SME grants to finance women in poor areas
Private industrial sector accounted for 62.4% of credit facilities granted by banks to non-government economic sectors at the end of March 2017: CBE
The industrial sector accounted for 36.5% of the total credit facilities granted by banks; services for 28.5%; trade for 10.5%; and agriculture for 1.1%
State Council reviews Dabaa nuclear plant contracts before Al-Sisi ratifies them
Presidency organizes inauguration ceremony in presence of Putin
