Tag: Business

Antiquities Ministry completes 5 projects developing historical Cairo

Four external agreements signed to stop antiquities trafficking and recover smuggled antiquities,…

Mohamed Ayyad Mohamed Ayyad

Traffic study for old Meridien Hotel to be presented to Cairo governorate this month

Investments of EGP 3.5bn expected through financing from  Gulf bank, and 50%…

Cash reserves fall by $1bn in May: CBE

Government works to attract investments of between $6bn-$8bn by the end of…

Johannesburg conference to discuss cancelling tariff between Egypt, African blocs

By Shaimaa Elise and Nehal Mounir The conference in Johannesburg, set to…

Shaimaa Al-Aees Shaimaa Al-Aees

Sharm El-Sheikh Agreement may increase Egypt’s Africa expos:  Assistant Foreign Minister of Madagascar

Mozambique, Angola and South Africa refused to sign Conference agenda during meeting’s…

Shaimaa Al-Aees Shaimaa Al-Aees

Agreement signed to establish $300m project for gasoline production

Project targets production of a further 850,000 tonnes of high octane gasoline…

Rana Yehia Rana Yehia

$1bn deficit in payment balance in first 9 months of FY 2014/2015: CBE

The figures compare to a surplus of $2.2bn during the same period…

Shaimaa Raafat Shaimaa Raafat

International coalition to promote New Suez Canal opening: Mamish

The Suez Canal Authority signed a memorandum of understanding (MoU) with two…

Daily News Egypt Daily News Egypt

Emaar sets share price at EGP 3.5-EGP 4.25

Around 15% will be offered publicly, remaining 85% will be offered privately…

Daily News Egypt Daily News Egypt

Sharm El-Sheikh declaration to be signed liberalising goods, services trade

Four new Egyptian Commercial Services offices to be opened in Africa before…

Shaimaa Al-Aees Shaimaa Al-Aees