Egypt becoming an energy superpower, UK being its top oil and gas partner

Egypt has successfully restored foreign investors’ confidence in the economy, says UAE’s minister of state and CEO of ADNOC

Mohamed Samir

New ministers to face challenges of country’s top issues from 2016 

Cabinet reshuffle of nine new ministers was declared after the Egyptian parliament approved it on Tuesday

Sarah El-Sheikh

Accelero Capital acquires ownership of its largest shareholder OTMTI 

Accelero Capital, the investment and management group, has announced on Tuesday that it has acquired ownership interest of its largest shareholder, Orascom TMT Investments (OTMTI), in a management buyout. According…

Shaimaa Raafat

PricewaterhouseCoopers, MCK, Ernst & Young are competing to develop a strategy to restructure Ministry of Petroleum 

The ministry is intending to exit from non-oil companies, and increase the spaces offered for exploration

Ahmed Saad

France’s ambassador to Egypt calls for French oil and gas companies to take advantage of Egypt’s investment opportunities

It’s a historic time for Egypt, as new natural gas explorations will bring self sufficiency to the country, Marc Benayoun, CEO Edison

Mohamed Samir

Egypt does not have any information on withdrawal of Israel’s ambassador: Foreign Ministry spokesperson

UK-based newspaper Telegraph asserts ambassador was pulled out because of security concerns

Taha Sakr

Majid AlFuttaim to open Mall of Egypt in March

Will be first regional shopping center for the company in Egypt, offering unprecedented concepts in shopping and entertainment

Daily News Egypt

Egyptian Stock Exchange signs MoU with Sydney Stock Exchange, aimed at strengthening cooperation

The memorandum of understanding (MoU) will allow cooperation between the two parties in terms of the development of financial instruments and mechanisms and form strategies to strengthen the position of…

Daily News Egypt

Promoting establishment of a Palestinian state inside Sinai is “silly” discourse: Palestinian chief peace negotiator

Israeli minister's remarks on plans of establishing Palestinian state in Gaza and Sinai are "meaningless:" Egypt's former foreign minister

Taha Sakr

Unemployment rate declines to 12.4% during Q4 2016

The rate will witness further decline during 2017/18: EFG Hermes expert

Hisham Salah