Misr Italia launches Italian Square New Cairo in June

Italian Square New Cairo is built over 44,480 sqm, providing all basic needs and services

Daily News Egypt

Consumer Protection Agency bans ad for promoting domestic violence 

The Consumer Protection Agency (CPA) recently banned an ad belonging to Fox chips company, as it believes the ad promotes domestic violence and spreads a negative image of parenting.

Nada Deyaa’

Centamin invests $25m annually to search for gold outside Egypt

Centamin hopes for opportunity to repeat successful experience of Sukari gold mine

Mohamed Adel

Economic Group agrees on company for summer electricity projects, plans for EGX listing: Cabinet

Company would own and manage projects to add electricity units, says government statement

Mohamed Ayyad

5% GDP growth, 10% budget deficit, 10% inflation by FY 2016/2017: World Bank

Uncertainty still surrounds the financing of mega-projects, World Bank said

Sara Aggour

Egypt’s average wheat self-sufficiency reaches 54.9% over 10 years

Egypt’s wheat production reached 9.5m tonnes in 2012/2013, imports record 6.8m tonnes, consumption at 16.7m tonnes, says study

Rana Yehia

Bisco Misr approves optional delisting from EGX

Approval comes after New York stock market-listed firm Kellogg recently acquired 85.93% stakes in Bisco Misr

Menna Samir

Emirates NDB provides EGP 250m loan to National Port Said Steel Company

Bank grants Suez Canal Authority $100m as part of syndicated loan to buy dredgers for new canal

Daily News Egypt

Hassam Allam to start construction of $80m solar project in Q1 2016

Company signed agreement with NREA to develop 50 MW solar power plant in Aswan

Doaa Farid

Egypt increases exports support fund by 92%

The decision will contribute to increasing Egyptian products’ opportunities to compete in global markets and open new export markets

Shaimaa Al-Aees