EGP 1bn from the Social Fund to finance petrochemical projects

The Industrial Development Authority (IDA) is conducting negotiations with the Social Fund for Development to provide EGP 1bn to finance petrochemical projects

Daily News Egypt

Syrian ambassador to Iraq defects, asks military to ‘turn guns’ on Al-Assad

Syrian National Council says more ambassadorial defections possible

Luiz Sanchez

€50m French loan to expand electricity grid

  By Islam Zayed The French Ambassador to Egypt, Nicolas Galey, and Pierre Marcelli, director of the French Development Agency (FDA)’s office in Cairo, signed an agreement to provide a…

Daily News Egypt

Economics at the top of the agenda for President Morsy in Riyadh

Remittances, trade, and investment at the heart of discussion between the two states despite the specter of political friction

Connor Molloy

Singapore PM urges India to push reforms

New Delhi (AFP) — Singapore’s prime minister on Wednesday urged India to press ahead with economic reforms and added that foreign investors need a “predictable” environment in which to invest…

Daily News Egypt

Tourism sector temporarily relieved of taxation burdens

Taxation measures are to be lifted off struggling tourism companies as they try to stay afloat within an ailing market

Daily News Egypt

Mounting labour strikes threaten investments

officials and syndicate leaders have called upon workers to negotiate with their employers as strike action is jeopardising investment

Daily News Egypt

Russia OKs historic WTO accession

Moscow (AFP)-Russia’s parliament on Tuesday voted to ratify WTO membership, a historic move which the government says will boost productivity but the opposition claims will bear a heavy social toll.…

Daily News Egypt

New movie listings

Critics have been divided between positively reviewing the talents of the troupe of actors and snidely pointing out that it is a two hour sales pitch disguised as a romantic…

Adel Heine

This is Egypt: Mohamed Gabr

Photography in Egypt is often seen as a means to a commercial end, disregarding the fact the people behind the camera are often artists. This is Egypt, as seen by…

Adel Heine