From the world's workshop to the world's tech hub: China's economic leap forward
The Chinese government believes that it can become the top tech nation in the world sooner rather than later. Some milestones have already been met with more in sight as…
Egypt’s economic outlook improves backed by PMI improvement, inflation decline, Zohr gas field: FocusEconomics
Egypt’s economy appears to be in good shape approaching the end of this fiscal year (FY), backed by improvements in non-oil private sector business conditions in the purchasing managers index…
New regulatory reforms to support Egypt’s insurance sector: OBG
The series of reforms adopted by the Egyptian authorities to expand insurance penetration, with the expectation that regulatory measures, coupled with the rollout of universal health coverage, will lead to…
Ministry of Antiquities to restore Hosh al-Pasha archaeological site
Aiming to take a step forward in the Historic Cairo Restoration Project (HCPR), the Ministry of Antiquities announced on Wednesday the commencement of procedures to study the Hosh al-Pasha archaeological…
Pompeo heads back to US with three released American hostages
Three Americans who were imprisoned by North Korea are on their way back to the United States, President Donald Trump announced on Wednesday, following their release during US Secretary of…
EGPC owes Electricity Ministry EGP 100bn
The Egyptian General Petroleum Corporation (EGPC)'s dues owed to the electricity sector increased to EGP 100bn last month. A governmental source told Daily News Egypt that the dues are rising,…
IFC provides first loan to support Egypt’s construction industry
The International Finance Corporation (IFC), a member of the World Bank Group, is providing a $15m loan mainly in Egyptian pounds to Vinavil Egypt for Chemicals, a leading manufacturer of…
Any new deals with Iran must include Arabs: Egypt’s Foreign Ministry
Egypt said on Wednesday that Arab counties must be included in any future efforts aiming to amend the Iran nuclear deal, following US President Donald Trump’s announcement that he will…
Op-ed review: Middle East, Iranian presence
In state-owned Al-Ahram, Makram Mohamed Ahmed wrote a piece titled “Why did Tehran turn against Al-Abadi?” in which he argued that Iran was trying to mobilise forces in Iraq to…
