British embassy celebrates Aswan marathon
On 28 February, British ambassador to Egypt John Casson hosted the Aswan Marathon, where Professor Sir Magdi Yacoub—who was one of the runners of the Magdi Yacoub Heart Foundation Marathon…
CBE provides banks $420m to cover companies’ flotation debts
The Central Bank of Egypt (CBE) provided $420m to local banks to cover the debt, which occurred by the different foreign currencies exchange rate due to flotation. This offer is…
EEHC contracts with Tractebel to evaluate offers on Hamrawein plant
The Belgian consultancy office will review the bids of seven global companies and coalitions, says El Desouky
Prime Pharma aims to treat 100,000 foreign patients of hepatitis C
6 countries asked to treat their nationals in Egypt 24 hours after Messi's visit to Cairo
Universal Group investments in Egyptian market at EGP 4bn
We plan to export to 12 new markets within the five upcoming years, says El Sayed
Egypt rebalancing continues, yet challenging year lies ahead: Fitch
“The rising levels of foreign exchange (FX) reserves, a return of private capital inflows, and appreciation of currency, marks the progress in Egypt's gradual external rebalancing in early 2017. Further…
Press Syndicate elects new leaders during critical period
Economic difficulties, rights, and freedoms at heart of electoral campaigns, as head hopes for turnout at Friday’s general assembly
Sisi, Merkel inaugurate Siemens power plants today, adding 4,800 MW to the national grid
We overcame financing problems to finance 60% of cost, says Kotb
Bright future for Egyptian hotel market: Colliers International report
In its full year review in 2016 about Egypt, Colliers International, the commercial real-estate leader, said that the hotels’ supply has increased by 3% because of a number of high-profile…
mVisa to expand to Egypt and nine other countries
mVisa will allow merchants around the world to immediately accept digital payments