Amazon Web Services will lose money on $6.6 billion
Amazon’s cloud computing business is growing fast and will grow from $4.6 billion in revenue in 2014 to $6.6 billion in 2015 and $9.2...
Sharm El-Sheikh’s 2017 Africa Conference opens the gate for the wealth of the continent’s...
Last week, Sharm el-Sheikh hosted the 2017 Africa Conference, marking the second session of the conference for the second consecutive year after the Africa...
The Egyptian Drug Authority honors Dr. Ahmed Kilani for his achievements within the Pharmaceutical...
Professor Dr. Tamer Essam, Chairman of the Egyptian Drug Authority, honored Dr. Ahmed Kilani, Chairman of the Board of Directors and Managing...
GE subsidiary wins project in Egypt’s Zohr Gas Field
In a signing ceremony hosted by Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company announced a...
Hala Sakr appointed as member of EGX board of directors
The board of directors of the Egyptian Stock Exchange (EGX) approved the appointment of Hala Sakr, managing director of Barclays Bank Egypt, to the...
Abdel Ghaffar praises ACDIMA’s Role in Advancing the Pharmaceutical Industry
Health Minister Khaled Abdel Ghaffar underscored ACDIMA's crucial role in developing and localizing the production of pharmaceuticals and medical appliances in Egypt,...
HSBC UK offers mortgage at 0.99% making borrowing cheaper following Brexit shock
The two-year fixed rate from HSBC is the first fixed deal to dip below 1 per cent but analysts say other lenders may follow, leading rates...
Eng. El-mulla witnessed ENNPI’s General Assembly and approved business result of FY 2023
Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, stressed that the vision of development and modernization launched by the Ministry...
Egypt central bank to cancel $100,000 individual bank transfer limit
Egypt’s central bank governor Tarek Amer said last week that the central bank will “soon” cancel a $100,000 limit on individual bank transfers. Under currency...
Suez Canal Bank is soon to finalise its strategy
The new board of directors of the Suez Canal Bank, headed by Hussein El-Refaie, will complete preparing the bank’s strategy and work plan for...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...