Five logistical areas for vegetables and fruits
MENA: Five new areas will be put up to investment in Upper Egypt, Delta and Canal cities in order to establish logistical areas for...
Drop in exports , recovery in FDIs and Tourism
The balance of payments registered deficit of $1billion in the nine month period ending March 2015 compared to a surplus of $2.2 billion in...
For financing small enterprises
A new company for finance lease had been founded at a capital of LE100 million.
The company had been founded in cooperation with 10 Egyptian...
Sinai residents jump at low property prices
by Ahmed El-Mahdi: The real estate market is encountering stagnation during the holy fasting month of Ramadan, with house prices falling by 50 per...
Buoyant reception of the new eurobond
The Egyptian government last week tapped the international bonds markets for the first time since the January revolution in 2011.
Egypt sold $1.5 billion of...
CBE says deposits in foreign currencies are worth EGP 323.3bn
By Mohrram Fouad
The central bank of Egypt (CBE) stated that the total amount of deposits in foreign currencies is valued at EGP 323.3bn. Public...
Youth and Sports Ministry launches second phase of Colourful cities in five governorates
By Alaa Abdelwanis
The Ministry of Youth and Sports announced the launching of the second phase of the Colourful Cities project, in cooperation with...
Economic Conference in Matrouh
The Economic Conference of Matrouh is held under the sponsorship of President Abdelfattah El-Sisi on 24 and 25 October 2015 in a hotel in...
Egypt-European Union ink deal
Egypt and the European Union (EU) signed last Sunday a memo of understanding to improve efficiency in water and agricultural sectors.
The memo aims at...
Minister of Petroleum: work on “The Zohr” field starts today
By Eman Rashed
Minister of Petroleum “Tarek El Molla” has announced that Italy’s “Eni” will start this week drilling at “the Zohr” natural gas field that is...
New funds for savings earned abroad
by Maye Kabil: The National Bank of Egypt is to launch a new investment fund aimed at attracting the savings of Egyptians working in the...
Latest article
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...