Khalifa Fund activates development loan agreement to Egypt

A loan agreement between the Khalifa Fund for Enterprise Development, the Egyptian Ministry of International Cooperation and Social Fund for Development has been reintroduced, according to Khalifa Fund Chairman Hussain…

Daily News Egypt

Cooperation Ministry, IDB, sign fund agreement: Economic Summit

The Ministry of International Cooperation has signed a funding agreement with the Islamic Development Bank (IDB) worth $200m to develop the benzoin distillation unit of Assiut refinery. Minister of Petroleum…

Daily News Egypt

4 Egyptian, GCC companies compete for Gamasha Gulf project: Economic Advisor

Four Egyptian and GCC companies are competing to acquire the Gamasha Gulf project in the Red Sea, according to Adela Ragab, Economic Advisor to the Minister of Tourism. Gamasha Gulf…

Abdel Razek Al-Shuwekhi

Orders from Emir of Kuwait to immediately deposit $2bn at CBE: Kuwaiti Finance Minister

Kuwaiti Minister of Finance Anas Khalid Al-Saleh said that he received orders from the Emir of Kuwait, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, to immediately begin depositing $2bn at the Central…

Mohamed Ayyad

Focus on major projects is not the way to build an economy: TAG-Org founder

Talks are currently being held with ICT Ministry to host first privately-owned computer cloud in Egypt, says Talal Abu-Ghazaleh

Menna Samir

Egypt raises $19.3bn on Summit’s 1st day

Total announced deposits from several GCC countries in the CBE valued at $5.25bn

Shaimaa Al-Aees

New civil service law accelerates recruitment, promotion

Council to be entitled to improve civil service

Mahmoud Mostafa

Shoukry, Saleh discuss Egypt-Eritrean relations

Relations with African countries saw improvement, several attend Economic Summit

Daily News Egypt

Al-Sisi discusses Palestinian cause at summit sidelines

Israel uninvited, despite president's opinion praising relations with Netanyahu

Amira El-Fekki

Government pays 40% of foreigners’ dues

Decrease of Brent price lowers companies’ investments in Egypt

Mohamed Adel