FINANCE & ECONOMY

27 Aug 2016

Aswan-Cairo train derailed causing injuries and 5 hour delay

On Saturday, southbound trains resumed a normal service after a five-hour delay due to a train derailing near the village of Al-Ashraaf on the Aswan-Cairo line, injuring several people.

...

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27 Aug 2016

State Council reviews church building law after cabinet approval

CAIRO, Aug 27 (Aswat Masriya) – The State Council's legislation department began its review of the church building and renovation draft law on Saturday, head of the department Ahmed Abo al-Azm said.

In a press"...

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27 Aug 2016

Egypt parliament to tackle key economic issues on Sunday

A number of key economic issues including a value-added tax law, corruption in wheat supplies and a nuclear deal with Saudi Arabia will top the agenda of parliamentary debates this week. Gamal Essam El-Din reports

Before Egypt's parliament adjourns for summer recess in the first week of"...

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27 Aug 2016

Egypt cabinet approves raising natural gas instalment fees for households

Natural gas instalment fees for residential units have been raised from EGP 1,500 to EGP 1,850 necessity

Egypt's cabinet approved on Saturday the increasing of instalment fees for household natural gas connections, Al-Ahram Arabic news website reported, citing oil minister Tarek El-Mullah.

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27 Aug 2016

Expo showcases trade prospects between Egypt and China

CAIRO: The third edition of China Trade Fair Egypt has registered 100 per cent growth in exhibitor number, featuring 500 Chinese leading companies and over 20,000 products. The three-day fair, held at Cairo International Convention Center, kicked off on Thursday.

Looked like a mini-China, the fair gathered hundreds of Chinese business men showing their...

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27 Aug 2016

In Egypt, ecstatic pilgrims start journey to Makkah

Pilgrims have been saying their farewells at Cairo airport before leaving for Saudi Arabia to perform the hajj in the tradition, they believe, of the Prophet Mohammed (PBUH) and Abraham (A.S) before him.

Every year"...

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27 Aug 2016

Egypt buys 180,000 tonnes of Russian wheat

CAIRO, Aug 27 (Aswat Masriya)- Egypt’s General Authority for Supply Commodities said on Friday that it bought 180,000 tonnes of Russian wheat in a tender.

Reuters quoted deputy chairman GASC Ahmed Youssef as"...

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27 Aug 2016

GARBLT eyes maintaining 214 bridges in Egypt with more than $22mln

Egyptian General Authority for Roads, Bridges, and Land Transport (GARBLT) studies maintaining and upgrading 214 bridges in different governorates with total cost of more than 200 million Egyptian pounds (US$22.5million).

Speaking"...

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27 Aug 2016

Egypt's EMRA to announce results of mineral exploration tender before end-2016

The Egyptian Mineral Resources Authority (EMRA) is set to announce results of its global public tender for exploring, extracting, and manufacturing mineral ores before the end of 2016.

EMRA Chairman Omar Taima stated"...

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27 Aug 2016

Egypt signs export contracts with Romania worth $4.3mln; ECS says

Egyptian commercial office at Bucharest succeeded in inking export contracts between a number of Egyptian firms and their Romanian counterparts.

Chairman of Egypt's Commercial Service Office (ECS), Ali El-Leithy stated"...

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