Most Recent News

El-Sisi reviews electricity projects across Egypt

Egypt’s President, Abdel Fattah El-Sisi, met Sunday with Prime Minister, Mostafa Madbouly, and Minister of Electricity and Renewable Energy, Mohamed Shaker. The meeting followed up on electricity projects nationwide. During.

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Dana Gas receives $20m in payment from Egypt

Dana Gas received $20 million (Dh73.46m) in payment from the Egyptian government, bringing the total receivables from the North African country to $152m for 2018. The Sharjah company, one the.

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Egypt’s Sisi discusses regional issues, economic ties with Austrian President Van der Bellen in Vienna

Egypt’s President Abdel-Fattah El-Sisi met on Monday with his Austrian counterpart Alexander Van der Bellen in Vienna, where the two leaders discussed enhancing bilateral ties on the economic and political.

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Egypt to launch $55.7 mln innovation fund by 2019 – Tarek Amer

Egypt’s central bank plans to launch a 1 billion Egyptian pound ($55.7 million) innovation support fund by 2019, its governor Tarek Amer said on Sunday. The fund will invest in.

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World Bank looks forward to more cooperation with Egypt – Makhtar Diop

World Bank’s Vice President for Infrastructure Makhtar Diop asserted the World Bank’s keenness to actively contribute to development efforts in Egypt, particularly in light of the successful economic reform measures.

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Masiyiwa seals $400m Egypt investment deal

ECONET founder and group executive chairman Strive Masiyiwa sealed a deal Saturday that will see a $400m investment in Egypt over the next three years. The investment – which includes.

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Egypt, World Bank sign $1bln to support private sector

Egypt has signed with the World Bank a $ 1 billion financial package to support the next phase of the Egyptian reform programme on the sidelines of Africa 2018 forum..

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Egyptian Government approves Mubadala Petroleum and BP in Nour North Sinai Offshore concession

The sale of a 20% participating interest to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company, and a 25% participating interest to BP in the Nour North Sinai Offshore.

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Egypt elected as President of Arab Telecom Council of Ministers

Egypt has been elected as the executive president of The Council of Arab Ministers of Communication and Information, with Saudi Arabia as vice president, for the next two years. This.

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Egypt’s government sets outlines for presidential initiative to train African youth

Prime Minister Mostafa Madbouly held a meeting with the Minister of Planning and Administrative Reform Hala al-Saed, and Executive Director of the National Academy for Youth Training and Rehabilitation Rasha.

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