Tag: Daily

UAE’s Aabar acquires 5.1% stake in Palm Hills Development

Deal reflects Egyptian real estate sector’s ability to attract regional and international…

Doaa Farid Doaa Farid

International cooperation ministry denies receiving $1bn from Kuwait

Last aid to Egypt was $350m Saudi loan for electricity projects and…

Doaa Farid Doaa Farid

Foreign reserves register $1.7bn year-on-year decrease in October

October’s figure marks the fourth consecutive increase in foreign currency since a…

Doaa Farid Doaa Farid

Al-Sisi appoints Mubarak and Morsi regime ministers as advisors

Ahmed Gamal El-Din and Faiza Abu el-Naga to advise on security and…

Aya Nader Aya Nader

Orascom Construction to build $2.5bn-$3bn power plant in Egypt

The four-year project will be executed in cooperation with UAE-based IPIC

Doaa Farid Doaa Farid

BP to invest $240m in Egypt through 2 new exploration blocks

The two exploration blocks was awarded to BP as a result of…

Doaa Farid Doaa Farid

Arabian Cement contributes €7m to facility in Brazil

Move comes as a part of Arabian Cement’s joint venture agreement with…

Doaa Farid Doaa Farid

Mohamed Soltan falls into coma

Soltan has been on hunger strike for 281 days in protest at…

Aya Nader Aya Nader

EGAS has suspended gas supplies to EBIC since August

Ministry of Petroleum gives priority to fertiliser factories that sell on local…

Mohamed Adel Mohamed Adel

Alexandria chamber donates EGP 13m for development projects

Projects foundation for Social and Economic Centre to develop Alexandria, which the…

Daily News Egypt Daily News Egypt