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.…

Mohamed Samir

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 …

Daily News Egypt

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

Daily News Egypt

Electricity transmission companies spend EGP 8bn to improve grid

Company is assessing 7 offers to modernise automated control centres, says El-Far

Mohamed Farag

Government considers allocating new land for EBSC

35 sqm contain 74 million tonnes of sand: Sultan

Mohamed Farag

Egypt’s economic reforms program proceeding well: IMF mission chief

Continuing disinflationary trend has reduced risk of entrenched inflation pressures 

Nevine Kamel

Select International Group targets 60% growth in 2018

Group to acquire three local companies in the technology sector with EGP 40m investment

Shaimaa Al-Aees

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…

Noha Abd ElRahman

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

Hossam Mounir

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…

Mohamed Alaa El-Din