Year: 2018

Parliament calls on government to pay EGP 7bn of export subsidies arrears

Dues are for 18 months, securing them saves factories from shutting down:…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

ERC to open Mostorod refining complex by December 

The repayment of the refinery's loan will begin in mid-2019, says Saad

Mohamed Farag Mohamed Farag

AlexBank achieves EGP 2.783bn net profit in 2017

The Bank of Alexandria (AlexBank) announced that it recorded a net profit…

Daily News Egypt Daily News Egypt

Pharos appoints Aladdin El-Afifi as new managing director, co-CEO

Pharos Holding for Financial Investments announced the appointment of Aladdin El-Afifi as…

Daily News Egypt Daily News Egypt

China says financial risks ‘under control’

China's finance minister has said Beijing is fully confident of its capacity…

Deutsche Welle Deutsche Welle

Electricity Minister to inaugurate Infinity Solar’s station next week

We aim to expand investment in renewable energy sector, says Mansour

Mohamed Farag Mohamed Farag

Egypt ERA to announce waste-to-energy generation tariff by next week

10 companies seek to invest $500m in waste-to-energy projects

Mohamed Farag Mohamed Farag

East Timor and Australia sign treaty ending long-running gas dispute

East Timor and Australia have signed a treaty that divides offshore gas…

Deutsche Welle Deutsche Welle

Champions League: Ronaldo helps Real Madrid brush off Paris Saint. Germain

Cristiano Ronaldo opened the scoring as Real Madrid cast aside a disappointing…

Deutsche Welle Deutsche Welle

Sharm El-Sheikh, Hurghada to witness 48%, 27% growth respectively in RevPAR: Colliers

Sharm El-Sheikh and Hurghada hotels continued to grow from their low base…

Daily News Egypt Daily News Egypt