Ministry of Supply to increase oil, sugar prices on ration cards in February
The Ministry of Supply and the cabinet are considering substantial modifications to the ration system after the completion of the ration cards filtration by the end of January. The ministry…
Nine people arrested in Alexandria on charges of forming a terrorist cell
The Interior Ministry claims the suspects are affiliated to the Muslim Brotherhood
Investments of EGP 29bn in electricity transmission projects to strengthen electricity grid
Minister of Electricity and Renewable Energy Mohamed Shaker held a meeting with the Egyptian Electricity Transmission Company (EETC) to receive the latest updates regarding the executive position of the projects…
The government will not issue new bonds in FY2016/17: Ministry of Finance
Deputy minister of finance for monetary policies Ahmed Kojak said that the ministry is not going to issue any other treasury bonds in the current fiscal year (FY) 2016/2017. He…
Lerwick pays fiery tribute to Viking past
The festival "Up Hella Aa" takes place every January in Lerwick on the Shetland Islands, which lie in the middle of the North Sea around 400 miles from Edinburgh.The Shetlands…
SCZone negotiates with Toyota TTC-NYK- Bolloré group to establish platform for large vehicles
The General Authority for the Suez Canal Economic Zone (SCZone) has revealed that it began negotiations with the Singaporean ports authority in order to establish a platform for container ships.…
Can a deposit system help reusable coffee cups catch on?
Some 320,000 disposable cups are thrown away every hour in Germany. Reusable cups have long been touted as the solution. But will they ever catch on? With clever financial incentives,…
Eurozone growth and inflation confirm economic recovery
Fresh eurozone economic data show that inflation has risen to just below the ECB's key target, growth is accelerating and unemployment has hit a seven-year low, suggesting the bloc's economy…
Shell sells North Sea old fields to rival group
Royal Dutch Shell has agreed to sell 3.6 billion euros ($3.8 billion) worth of its North Sea assets to oil explorer Chrysaor as part of its debt restructuring plan aimed…
Diyar Al Assema launches 2nd phase of “Manzelak” in 10th of Ramadan City with investments of EGP 130m
Diyar Al Assema for housing and project management is preparing to develop the second phase of the “Manzelak” project in the 10th of Ramadan City, with investments worth EGP 130m…