Army launches new operation in North Sinai, kills 29

Two military dead in first strike of operation “Retribution for the martyr”

Amira El-Fekki

SCCT has ordered new equipment in excess of $42m: Klaus Laursen

Daily News Egypt interviewed Klaus Larsen, Managing Director of the Suez Canal Container Terminal (SCCT), regarding their expansions in Egypt and their view of the investment atmosphere.

Daily News Egypt

EGP 10bn sovereign fund ready for investment in H2 of FY 2015/2016: Planning minister

Egypt will sign agreement with Saudi Fund for Development to provide fuel and natural gas credit facilities, says El-Araby

Doaa Farid

Etisalat Egypt targets 10% growth next year: CEO

Etisalat Egypt targets EGP 10bn investments over next five years, allocates EGP 2.5bn per year to improve network’s service

Daily News Egypt

AfDB gives $800m to Egypt’s SMEs: Bank’s president

20% of all AFDB's infrastructure projects connecting African countries also to connect power between these countries, says Kaberuka

Shaimaa Al-Aees

Carbon Holdings hires Lazard to collect $3bn for Tahrir Petrochemical Project

We are waiting for the Congress to unfreeze Import-export bank to borrow $2bn for the project, says Helal

Daily News Egypt

Mega projects are one avenue to boost growth in Egypt: Standard and Poor’s

Egyptian deficits still remain high when compared to other countries at similar rating levels

Daily News Egypt

International ratings agencies elevate Egypt’s rating in 1 year

Fitch raises Egypt’s rating to B, S&P’s upgrades outlook to positive, Moody’s promotes rating to B3

Doaa Farid

North Coast project launch targeted for next summer, EGP 1bn expected revenues: Omar Dorra

Lease contracts for Capital Business Park for two of the four remaining buildings will happen by Q1 of 2016, says Dorra Group Official

Sara Aggour

FAS awaits allocated land to activate Sharm El-Sheikh MOUs: General manager

FAS to announce investment in Suez Canal Axis soon, says Asfour

Shaimaa Al-Aees