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President Okays establishment of Russian industrial zone

Saturday 02/02/2019 14:12

Al-Mal: President Abdel Fattah Al-Sisi has recently issued a decree approving the establishment and operation of a Russian industrial zone in the Suez...
Zohr offshore Egypt building to peak gas capacity

Saturday 02/02/2019 13:07

Al-Mal: Gas produced from the deepwater Zohr field in the Egyptian sector of the Mediterranean Sea totaled 12.2 bcm last year, according to partner Ro...
Bulgarian-Egyptian Commission for Economic Cooperation Holds Meeting after 11-Year Break

Saturday 02/02/2019 12:02

BTA: Speaking at a meeting Friday of the Bulgarian-Egyptian Intergovernmental Commission for Economic Cooperation taking place in Sofia after an eleve...
Belarus plans to set up sales and maintenance centers in Egypt

Saturday 02/02/2019 11:04

BelTA: Sales and maintenance centers for Belarusian machines and equipment will be set up in Luxor Governorate, Egypt.  This issue was discussed ...
China's Mankai to found largest textile city in Sadat

Saturday 02/02/2019 10:17

Al-Mal: China has started building the largest textile and garment city in Egypt, according to statements by minister of trade and industry Amr Nassar...
PIIP retrieved 150k sqm lands to clampdown on property speculation

Friday 01/02/2019 14:55

By Mohmed Rehan & Ahmed El-Lahuny Polaris International Industrial Parks took back 150,000sqm lands from three businessmen for breach of binding...
BM Lease starts procedures to double capital to EGP 200mn

Thursday 31/01/2019 14:21

By Sayed Badr BM Lease, which is 41% owned by Banque Misr, has reduced its capital increase from EGP 100 million to EGP 200 million. . The company'...
Egypt sentences senior official to 12 years over corruption

Thursday 31/01/2019 14:18

AP An Egyptian court has sentenced the deputy governor of the country's second-largest city to 12 years in prison on corruption charges. The Cairo c...
Uber Egypt declared out of serviceowing to technical problems: drivers

Thursday 31/01/2019 9:11

By Somai Kamal Technical problems facing several drivers at the ride-hailing company of Uber Egypt pushed them to abandon the application all-togethe...
Only low-income earners to get softloans to finance properties

Thursday 31/01/2019 9:05

By Mohmed Salem & Ahmed Shawky The Central Bank of Egypt decided to continue offering low interest rates on real estate financing for only low-...