City Stars Properties finishes Phase I of artificial lake in South Sinai at for $278m

Artificial lake project built on land area of 120,000 sqm in resort in Nabq, Sharm El-Sheikh

Abdel Razek Al-Shuwekhi

Arabtec project under negotiations

Housing Ministry asks for higher percentage of residential units than previously agreed, says source

Shaimaa Al-Aees

EGP 24bn revenues of Suez Canal in 7 months

10,399 vessels have crossed waterway carrying  586.2m tonnes of cargo

Daily News Egypt

Emaar, Orascom Constructions listings approved days before Economic Summit

OCI is the first foreign company to list its shares in EGX due to the dual listing system in the form of shares rather than Egyptian certificates of deposit for…

Daily News Egypt

State of Sinai claim army operations killed civilian

Armed forces previously stated that their operations target militants

Daily News Egypt

Presidential meeting marks start of economic reform, inclusive growth: Economic Development Council member

Council to launch non-traditional economic ideas to reduce deficit, poverty and meet growing demand in energy, health, education, says presidential spokesperson

Mohamed Ayyad

Arsenal gains millions of dollars in profits

Arsenal investments in its players is considered the major means by which the club achieves profits, keeping it from falling into debts, unlike many other English League clubs.

Daily News Egypt

Government approves draft investment law improving business environment: Cabinet

The Cabinet agreed during its weekly meeting Wednesday, on the draft presidential decree regarding the draft investment law, according to a Cabinet statement. The statement added that the draft law…

Mohamed Ayyad

MIU threatens to refer student to prosecution for ‘not apologising’

Graduating student accused of insulting the university, attempting sit-in

Daily News Egypt

4 journalists arrested while covering Al-Azhar protest

Two of them were released, others kept in detention

Daily News Egypt