Privatisation always been on state’s agenda, good step, with maintaining free-market balance: Al-Sisi

Subsidies will not be cancelled, to maintain social balance during difficult economic conditions

Mohamed Samir

NREA pays EGP 180m of debt to NIB

The New and Renewable Energy Authority (NREA) paid EGP 180m of its EGP 3bn debt to the National Investment Bank. Mohamed El-Khayat, head of the NREA, told Daily News Egypt…

Mohamed Farag

EBRD funds Beyti with $44m

Beyti plans new investments to expand production

Hagar Omran

B Investments achieves net profits of EGP 112m in H1 2018, recording 21% y-o-y increase

Hazem Barakat, chairperson of B Investments, announced in a press statement on Wednesday that B Investments’ net profits grew by 21%, reaching EGP 112m in the first half (H1) of…

Daily News Egypt

Sharm El-Sheikh, Hurghada occupancy grows over 30% in Q2 2018: Colliers

Supply rise by 9% in KSA, 3% in UAE, 2.1% in Egypt in same period

Mohamed Samir

Mobile market loses 1.45% users, internet gains 800,000 new users

The number of mobile subscribers decreased during May by 1.45% month-over-month. According to a report from the Ministry of Communications and Information Technology, the number of mobile users fell from…

Mohamed Alaa El-Din

Egyptians spend about $16 on insurance: IFE

Insurance sector ranks fourth in Africa in terms of sector’s activity growth rates

Nehal Samir

EGP 5bn expected investment for Abu Zenima industrial zone in Sinai

Development of region aims to qualify manufacturing industries, says minister

Shaimaa Al-Aees

SMEDA, e-finance cooperate to develop small projects platform

Beta version well-received by concerned bodies, including CBE, says Gamea

Hossam Mounir

Suez’s first book fair kicks off

Fair ranks fourth after Cairo, Alexandria, Ras El-Bar’s

Daily News Egypt