UAE’s Aabar acquires 5.1% stake in Palm Hills Development
Deal reflects Egyptian real estate sector’s ability to attract regional and international…
International cooperation ministry denies receiving $1bn from Kuwait
Last aid to Egypt was $350m Saudi loan for electricity projects and…
Foreign reserves register $1.7bn year-on-year decrease in October
October’s figure marks the fourth consecutive increase in foreign currency since a…
Al-Sisi appoints Mubarak and Morsi regime ministers as advisors
Ahmed Gamal El-Din and Faiza Abu el-Naga to advise on security and…
Orascom Construction to build $2.5bn-$3bn power plant in Egypt
The four-year project will be executed in cooperation with UAE-based IPIC
BP to invest $240m in Egypt through 2 new exploration blocks
The two exploration blocks was awarded to BP as a result of…
Arabian Cement contributes €7m to facility in Brazil
Move comes as a part of Arabian Cement’s joint venture agreement with…
Mohamed Soltan falls into coma
Soltan has been on hunger strike for 281 days in protest at…
EGAS has suspended gas supplies to EBIC since August
Ministry of Petroleum gives priority to fertiliser factories that sell on local…
Alexandria chamber donates EGP 13m for development projects
Projects foundation for Social and Economic Centre to develop Alexandria, which the…