Energy Ministry: 5500 megawatts to be allocated to private sector
The ministry is expected to charge ten eligible companies with the task…
Insurance companies pay EGP 489.5m in claims in December 2012
A monthly report released by the Egyptian Financial Supervision Authority stated that…
EFG Hermes, QInvest on verge of completing merger
The Qatari partner will hold a 60% stake in the new venture,…
Government: Locusts pose no harm to crops
Following the news circulating that locusts swarming multiple areas of Egypt threatened…
Egypt to take part in world’s largest drilling and mining conference
The Egyptian delegation, which will also meet with representatives from Toronto’s stock…
Egypt invites the IMF to reopen negotiations
Minster of Investment Ossama Saleh said that Egypt hopes to conclude the…
Egypt to export strawberries to the US
Egypt has been granted approval by the US Department of Agriculture to…
Power stations in Banha, Ain Sokhna and Giza shut down
Operations at the stations were put on hold after they were surrounded…
NBE achieves EGP 2.8bn net profits during FY 2011/12
The National Bank of Egypt's (NBE) public assembly published the bank's financial…
Sokhna Port strike caused EGP 600m in losses for customs authority
Operations at the port were on hold completely for 16 days due…