Arab power grid tops priority

Minister of Electricity Mohamed Shaker said that the Arab Executive Office of the Ministers of Electricity 31st meeting discusses the Arab electricity network. The Arab...

Siemens deal to up Egypt’s power generation capacity by half

Egypt's deal with the German industrial company to supply gas and wind power plants to Egypt will increase its power generation capacity currently at...

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...

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...
Dr Ashraf Al-Arabi

Upgrading the administration

Egypt’s Minister of Planning talks to The Middle East Observer Interview by: Mohamed Naguib  Dr Ashraf Al-Arabi, the minister of planning, follow-up and administrative reform, has revealed...

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...

Billions to be invested in tourism projects

Investments in 59 projects are expected to reach an initial LE9bn by the end of the current fiscal year (FY) 2014/2015, according to Tourism...

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...

Dubai ranked the fourth international travel destination

On June 3rd the annual MasterCard Global Destination Cities Index was released providing ranking of the 132 most visited cities around the world. London was...

Counting down for the new budget

Twenty days are left to welcome the new Fiscal Year (FY) in Egypt, while the budget proposal of 2015/2016 is still under negotiations within...

Egypt Air resumes flights to Abha, Saudi Arabia

Ruler of Asir praises the role of EgyptAir company in supporting the traveling between the two countries. Pilot Hisham Al Nahas chairman of EgyptAir Airlines...
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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...