Egypt’s Suez Canal revenues jump to $470.6m. in August

Egypt’s Suez Canal revenues climbed to $470.6 million in August, 5.1 per cent higher than the $447.6 million registered in the same month last...

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...

Sahar Nasr sings the Financial Close of IFC Nubian suns programme

On October 29th, Sahar Nasr , Egyptian Minister of Investment and International Cooperation signed the Financial Close of IFC Nubian suns programme. The signing...

Renewables beating coal and nuclear power on costs

NEW YORK – Lazard Ltd has released its annual in-depth analyses comparing the costs of energy from various generation technologies and of energy storage...

The new Egyptian industry law: facilitating business flaw and eliminating industrial investment obstacles

Minister of Industry and Trade Tareq Kabil announced the issuance of the bylaws of Law no.15 of facilitating the procedures of licensing industrial establishments....

EIB to loan Egypt’s Banque Misr $500m. to fund SMEs

The European Investment Bank (EIB) has agreed to loan Egypt’s Banque Misr a $500 million package to fund small and medium enterprises (SMEs), deputy...

A year in investments

The Egyptian economy has lured various investments during the first year of President Abdel-Fattah Sisi’s term in office. Ahmed Ali follows the latest developments “I...

President Abdel Fattah El Sisi’s visit to Kuwait and Bahrain assert determination to...

 By Amira Elhamy and Yasmine Fouda Last Sunday, following his visit, to UAE, President Abdel Fattah El Sisi started a four day visits to Kuwait...

Egypt and China enhance cooperation

The bilateral ties between Egypt and China have further materialised amid rising economic cooperation between the countries. Over the past few weeks, the most...

New administrative capital under discussion

President Abdel-Fattah El-Sisi has met Mostafa Madbouli, the minister of housing, utilities and urban communities in the presence of Amir Sayed Ahmed, project consultant...

How can we grow the Egyptian economy?

In a very informative session, titled “How can we grow the Egyptian economy now”, the American University in Cairo, hosted Dr. Noha Bakr, Adjunct...
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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...