Car prices continue climbing in August

July ended, and August began, but the expectations of distributors and dealers in the auto market remained mere inc as no prices have gone down as predicted. Even worse, several…

Ahmed Amer

Egyptian banks benefit from strong net interest margin expansion: Arqaam Capital

Egyptian banking stocks have outperformed EGX30 by +10.5% year-to-date

Mohamed Samir

Visa helps merchants easily adopt new, global specifications for QR code payments

Visa Ready Program simplifies onboarding for small and medium-sized merchants who want to deploy QR Code digital payments

Daily News Egypt

EETC, XD-EGMAC sign EGP 289m contract for Sharm El Sheikh, Hurgada power plant equipment

The Egyptian Electricity Transmission Company (EETC) has signed a contract with XD-EGMAC, worth EGP 289m, to supply the Geographic Information Systems (GIS) for the power stations in both Huragda and…

Mohamed Farag

Egypt imports cattle from Ireland after 20-year hiatus

In 2016, an agreement was reached between Irish and Egyptian authorities to ship livestock

Shaimaa Al-Aees

Al-Waleed bin Talal invests $800m in Egypt in partnership with Talaat Moustafa Group

The Saudi prince plans to expand in Four Seasons resort in Sharm El-Sheikh and establish two hotels in Al-Alamain and Madinaty

Shaimaa Al-Aees

EEHC decides to establish 3 companies for Siemens power plants end of 2018

Establishment of urgent plan projects' company excluded

Mohamed Farag

Subir Lall to succeed Chris Jarvis as IMF mission director in Egypt

Egypt will soon get a new IMF mission director, as current chief Jarvis’ three-year term in the country has come to an end. Jarvis is scheduled to pass the torch…

Elsayed Solyman

NTRA enquirers about mobile operators’ justification to increase prices

The authority will hold a meeting within days to study the companies' demand

Mohamed Alaa El-Din

Ministry of Irrigation reaffirms Ethiopia has not begun filling GERD

Egypt fears the dam will affect its historic Nile water share of 55bn square metres

Daily News Egypt