5.2% GDP growth in Q1 2017: minister of planning
Minister of Planning Hala Al-Saeed announced, at a Wednesday press conference, that Egypt’s gross domestic product (GDP) growth registered 5.2% in the first quarter (Q1) of fiscal year (FY) 2017/18.…
CIFF opening kicks off with ‘The Mountain Between Us’
The Cairo International Film Festival kicked off its opening ceremony with the screening of Hany Abu Assad’s film The Mountain Between US. The Faten Hamama Excellence Award was given to …
Al-Hariri holds off resignation after Lebanon president request: Retuers
The Lebanese prime minister arrived in one-day visit to Cairo and met with Al-Sisi to discuss Lebanon
Electricity transmission companies spend EGP 8bn to improve grid
Company is assessing 7 offers to modernise automated control centres, says El-Far
Egypt’s economic reforms program proceeding well: IMF mission chief
Continuing disinflationary trend has reduced risk of entrenched inflation pressures
Select International Group targets 60% growth in 2018
Group to acquire three local companies in the technology sector with EGP 40m investment
Recently opened factory will increase Q4 profits: managing director of MBEN
Ahmed Bahaa, managing director of MB for Engineering and Contracting (MBEN), and member of the Egyptian Exchange’s board, revealed that setting up the company’s recently opened factory in Sixth of…
Egypt exports to Africa $1.253bn in 2016, $1.043bn in imports
Exports include sugar, paper, gold, essential oils, plastics, imports include natural gas, tea, copper, coal, iron ore
Fawry gets $20m from foreign investment fund
Ashraf Sabry, CEO of Fawry electronic payment company, disclosed that his company has received an investment of $20m from a foreign investment fund. Currently, the company is working to expand…
