Knock Mart Food Industries achieved a growth of 400% in 2016

Online shoppers will reach 15 million this year

Shaimaa Al-Aees Shaimaa Al-Aees

Orange losses multiply 37 times to reach EGP 803m in Q2

Orange Egypt mobile operator registered net losses of EGP 803m in the second quarter (Q2) of 2017, down from net losses of EGP 21.1m in the same period in 2016—an…

Daily News Egypt Daily News Egypt

Holding Company for Cotton Spinning and Weaving targets EGP 7bn revenues in FY 2017/18

The development of cotton ginning mills will cost EGP 2bn, says Moustafa

Daily News Egypt Daily News Egypt

Hassan Allam snaps management of solar energy projects services in Benban

Companies to pay $4,500 per MW, including 8% obtained by the NREA and EETC

Mohamed Farag Mohamed Farag

ADFD provides funding for 64 development projects in Egypt worth $1.08bn

The projects span diverse sectors, most notably transportation and housing sectors

Elsayed Solyman Elsayed Solyman

Paying social allowance to private sector employees is preferable: FEI

The obligation cannot be effective due to the current economic circumstances and the difficulties that the industry sector faces recently, according to the FEI member

Shaimaa Al-Aees Shaimaa Al-Aees

92% decrease in global demand on Egypt’s oil in 2018: Credit Suisse 

Nigeria and Libya production surprised to the upside, and demand growth hit a speed bump in Q1 17, says the report

Shaimaa Al-Aees Shaimaa Al-Aees

Shoukry discusses possible coordination with Turkish counterpart following Al-Aqsa tensions 

Several international organisations are meeting over the latest tensions

Daily News Egypt Daily News Egypt

Supply Ministry proposes reducing citizens’ share of subsidised bread from five to four

The proposal includes doubling bread points by 100%, the ministry confirms that average daily consumption is 2.5-3.8 loaves

Mohamed Ayyad Mohamed Ayyad

Al-Sisi names terrorism, overpopulation as Egypt’s two biggest challenges

The president inaugurated the fourth National Youth Conference with 1,500 attendees from the youth 

Daily News Egypt Daily News Egypt