FINANCE & ECONOMY

13 Jul 2016

Construction federation to compile companies list to work in Egypt’s new capital

Egyptian Federation for Construction & Building Contractors (EFCBC) is set to draw up a list of construction companies nominated to work in the state yet –unnamed new administrative capital city next month, its head Hassan Abdel Aziz said Tuesday.


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13 Jul 2016

Swiss-Belhotel inks two new Egypt hotels

Global hospitality management company Swiss-Belhotel International has signed agreements to manage two more Egyptian properties as it continues to grow its portfolio and presence in the Middle East region.

The move follows the company’s expansion in Egypt with its first hotel announced recently at Arabian Travel Market 2016 bringing the total...

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13 Jul 2016

Israel conducted drone raids in Egypt’s Sinai: Report

A former high-ranking Israeli official says Israel has carried out numerous drone strikes purportedly against militants in Egypt’s Sinai Peninsula with Egyptian consent over the past few years, implying close cooperation between Tel Aviv and Cairo.


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13 Jul 2016

Egypt, Germany sign security cooperation agreement on terrorism, illegal immigration

Egyptian ambassador to Germany says cooperation between the two countries is unprecedented in the history of Cairo-Berlin relations.

Egyptian minister of interior Magdy Abdel Ghafar signed a security cooperation agreement with his German counterpart Thomas de Maizière......

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13 Jul 2016

Egypt’s culture ministry announces completion of several projects

The projects include culture palaces, museums and libraries

Egypt’s culture ministry is preparing to unveil several projects that have been completed after being the focus of its agenda over the last two years up until the present.


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13 Jul 2016

Black Sea Wheat Set to Win Egypt’s First Tender This Season

Egypt is set to buy wheat from the Black Sea region in this season’s first tender.

The world’s largest grain buyer got offers from 13 companies in a tender Tuesday, more than double the average from earlier this year, for wheat from Ukraine, Russia and Romania, according to two traders familiar with the matter. No French wheat was offered....

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13 Jul 2016

Indonesia-Egypt trade exchange hits $136mn, drops 8.3%

The trade exchange between Egypt and Indonesia declined by 8.3 percent as it recorded around 136.4 million Egyptian pounds (US$15.3 million) in January 2016 versus 148.8 million pounds a year earlier.


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13 Jul 2016

Orange Egypt appoints Harion as CEO

Orange has announced the appointment of Jean Marc Harion as CEO and managing director of its Egyptian unit, replacing Yves Gauthier, effective September 1, 2016


Harion,"......

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13 Jul 2016

Egypt’s SFD says financed 11,000 small projects in New Valley since 1992

Egypt’s Social Fund for Development (SFD) has financed around 11,000 small and micro-sized projects in New Valley governorate since the start of its activities in the country in 1992 until late May 2016.


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13 Jul 2016

Egypt's forthcoming academic year to start on 24 September

Egypt’s new school semester is set to start on 24 September, the education minister announced on Tuesday.

In a meeting with the High Board of Pre-college Education, the Minister of Education El-Hilali El-Sherbini discussed the timetable for the"......

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