Emirati entrepreneur innovates ‘Lego’ into training device

“I plan to expand my services to the Egyptian market soon,” says Al-Zaabi

Daily News Egypt

Nafham targets 1 million users by 2016

“We plan to present vocational training videos to qualify youth for the labour market,” says General Manager

Daily News Egypt

Fawry financial transactions increase by 50% in Q1 of 2015

The company started working through a paid capital worth EGP 77m, of which 75% belonged to Egyptian banks and entities including: Amlak Egypt, AlexBank, the Information Technology Development Fund, the…

Daily News Egypt

4.9% increase in YTD automotive market: AMIC

Chevrolet, Hyundai and Toyota remain the market leaders in May 2015

Sara Aggour

3 killed in bomb explosion in Cairo suburb

Injuries from the explosion at 6th of October City were transferred to a hospital

Daily News Egypt

Mobile phone operators research 5G technology

By 2020, LTE subscriptions are expected to reach 3.1bn, compared to 500m in 2014.

Rana Yehia

Emaar expects EGX approval for capital increase

Company set allotment ratio for its Initial Public Offering (IPO) at 2.78% per subscriber

Daily News Egypt

Housing Ministry considers cooperation with private sector in new project 

Minister of Housing Mostafa Madbouly said he would consider cooperation between the government and the private sector for the implementation of 500,000 housing units for middle-income housing in Egypt. The…

Daily News Egypt

Government targets EGP 262bn loan for budget deficit in Q1 of FY 2015/2016

Ministry of Finance to issue treasury bills with EGP 189.5bn and treasury bonds with EGP 72.5bn between July and September 2015

Daily News Egypt

President may return draft budget to government to reduce deficit: Former economy minister

Government is obliged to adhere to old budget until new one is approved, according to Sultan Abu Ali

Mohamed Ayyad