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...
World Bank: Egypt’s deficit to drop to 8.8 percent in FY 17/18
Egypt's budget deficit is expected to ease to 8.8 percent in the 2017/2018 fiscal year following a series of economic reforms introduced by the...
Egypt targets being a regional energy production hub
It is worth noting that the investment atmosphere in Egypt is flourishing after signing several agreements with several international institutions and investors. Regarding foreign investments, the Ministry...
Mercedes-Benz in initial talks to return to Egyptian markets following 2-year hiatus
“has succeeded in initial talks” with Mercedes-Benz officials to bring the international automobile manufacturer back to Egypt following a two-year halt, the head of...
Egypt’s development projects between the sore eyes and the arms of the builders
By Sherif Abdel Ghaffar
I read an article for an expat who used to live in Egypt from 2002 till 2014, this writer apparently also...
How does the global debt market see the Egyptian economy?
The ratio of Egypt’s total domestic debt to GDP fell from 96.7% to 91.1%.
The ratio of Egypt’s net domestic debt to GDP fell from 84.4% to...
1500 Romanian companies work in Egypt in gas, electricity, transport and construction sectors
Dr. Ahmed Al-Sukari, Vice Chairman of the Egyptian-Romanian Business Council said that the council aims to increase Egyptian investments to Romania to reach about...
AFDB approves $55m loan for 3 solar PV projects in Egypt
The African Development Bank (AfDB) Group approved three major loans worth $55m in order to finance three solar PV projects. This comes under the...
“Boosting Investments in the Mediterranean” Conference yields signing 3 future projects
On 13 September 2017, on the sidelines of the inauguration of the “Boosting Investments in the Mediterranean” Conference organised by EIB in collabouration with...
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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...