213 ships transit the Suez Canal in 5 days carrying 12m tonnes

Suez Canal traffic data showed that 213 ships transited the canal, with a total load of 12m tonnes, from 11 to 15 December. An average of 42.6 ships transited the…

Mohamed Ahmed

Government proposes new draft law liberalising the natural gas sector

Despite efforts to liberalise the natural gas sector dating back to the 1990s, the market is still currently far from liberalised, say experts

Mohamed Samir

Algebra Ventures aims to increase its investment portfolio to $50m-$60m

The fund works to reduce the financing gap of start-ups, says Asaad

Mohamed Alaa El-Din

EGP 747.92bn total outstanding balances of local treasury bonds as of end of October 2016: Finance Ministry

The size of outstanding balances of treasury bonds in Egyptian pounds owed by the government reached approximately EGP 747.92bn as of the end of October 2016, according to the Ministry…

Hossam Mounir

Government denies potential increase in fertiliser costs

Increasing the cost of agricultural fertilisers at this moment in time would be unwise, says Abou Ismael

Hisham Salah

Electricity Ministry contracts with 4 companies to supply 1m pre-paid electricity metres

El Sewedy Electrometer, Iskraemeco,  Globaltronics, and Maasara begin the procedures to supply the metres next week

Mohamed Farag

French investigators say conclusions on EgyptAir MS804 crash cannot currently be drawn

French newspaper Le Figaro reported in September that traces of TNT were found in the aeroplane’s debris

Daily News Egypt

Osama Bin Laden’s son denied entry into Egypt

Omar Osama Bin Laden was en route to Cairo from Qatar

Taha Sakr

Eni agrees to export part of Shorouk concession

Arbitration case worth $8bn will be waived as soon as exporting begins

Mohamed Adel

Al-Sisi calls for an intensive security presence all over Egypt during meeting with high-ranking officials   

The president also met with a number of Egyptian scholars to discuss bolstering education

Daily News Egypt