Zamalek blast kills policeman, residents leave streets
Some eyewitnesses reported on social media that it appeared that the device detonated from beneath the seat of a police officer’s covered seat
EGX sheds EGP 7bn
The market registers its largest drop since the beginning of 2015
PPP mechanisms main focus of Government & Developer Summit
The summit, entitled “The new Egyptian experience for reconstruction”, is set to raise the issue of the private sector participating in government mega projects
EGP 4.3bn to complete 1st phase Geographical Targeting for low-income villages
“Geographical Targeting for the Most Needy Villages Programme” will end in 2018, with $75m World Bank funds
Global consortium proposes $1.1bn safari park in Egypt
The proposed project to span 1000 feddans and developers include UK's Chipperfields Companies Group
Industry Ministry studies new steel, cement licences
Head of Metallurgical Industries chamber says there is a gap between steel factories production capacity and actual production
IMF ready to support Egypt: Lagarde
Lagarde says Economic Summit succeeded in attracting agreements and contributions
25% fee reduction for goods imported in Port Said
EGP 200m allocated for Port Said’s development in FY 2015/2016
Local banks deny restrictions on providing $100 notes
The Central Bank of Egypt gave no instructions to lenders operating in the country not to replace $100 notes with smaller units when conducting transactions for clients, several bankers told…
Egypt created economic DNA after summit: Ezz Al-Arab
Local banks will provide financing using pound, not dollar, for Economic Summit projects, says Federation of Egyptian Banks Chairman