Railway Authority to spend LE 40 billion on extending lines
An official at the Egyptian Railway Authority (ERA) announced the launching of…
Egypt's foreign reserves rise to 35.1 bln in May
Egypt's net foreign reserves were $35.1 billion in May, up from $34.65…
TE to keep Vodafone Egypt ownership structure
CAIRO: Telecom Egypt, Egypt's fixed-line monopoly, said on Tuesday it would not…
Helwan plans waste-generated power plant
Helwan governorate launched an $800 million power generation project to recycle waste…
Banque Misr eyes stake in tomato paste project
Banque Misr is considering the acquisition of a 20 percent equity stake…
Broad money supply drops in April
Annual growth in broad money supply M2 dropped to 9.6 percent in…
Government to start liberalization of butane gas
The Ministry of Social Solidarity will commence distribution of butane gas canisters…
Amr Talaat named GM of IBM Egypt
Amr Talaat was appointed General Manager of IBM Egypt, succeeding Amr Ghoneim…
Tenders for wind generation projects by year-end
An international tender for a number of wind-generated electricity plants with a…
Increased sales tax on products to be expedited
The Ministry of Finance is planning to present to the People’s Assembly…