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05 Jul 2015

Sky is the limit for Migaa and Egypt partners


One of the largest Egyptian conglomerates Wadi Degla Holding has made what is widely touted as the single largest private investment in sporting facilities in Kenya this year at a cost of Sh2 billion with Kiambu County’s Migaa in greater Nairobi.


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05 Jul 2015

Egypt studies participation in Uganda Road, Housing Projects

The Egyptian Federation for Construction and Building Contractors (EFCBC) has received official letters from Uganda offering Egyptian firms to carry out a bunch of road and housing projects, an EFCBC senior source said Thursday.


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05 Jul 2015

World Bank, Egypt to sign Cooperation Strategy within a Month: Minister

The Ministry of International Cooperation is to sign within a month a cooperation strategy agreement with the World Bank Group, minister Naglaa Al-Ahwany said Thursday.


Earlier in April this year, the World Bank’s regional vice president for MENA Hafez Ghanem said the bank had decided to double its investments"......

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05 Jul 2015

Cargo ship sinks in Egypt's Red Sea, passengers saved

The ship, which was carrying cargo as well as trucks, sank because the trucks were parked mainly on one side, which caused the ship to tilt and start sinking.

A cargo ship sunk on Sunday in Egypt's Red Sea, shortly after departing Safaga Port on its way to Saudi Arabia. Naval forces"...

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05 Jul 2015

The moral dilemma of Egypt’s President al-Sisi

Since winning last year’s election with some 97% of the vote, al-Sisi has proven to be quietly popular with global and regional leaders alike. With his appetite for economic reform, stability and a belief that markets will deliver a better life for millions of Egyptians, it’s"...

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05 Jul 2015

Technical fault in electricity grid from Egypt leaves Rafah in dark

Rafah city in the southern Gaza Strip was left in darkness Saturday evening after the main Egyptian grid that supplies the city with electricity malfunctioned. The Gaza Electricity Disribution Corporation (GEDCo) said in a statement that the power cut affected electricity distribution across the entire Gaza Strip, as the company had to provide Rafah with electricity...

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05 Jul 2015

Egypt: Volume of Targeted Investment in Human Development Hits Egp 29.5 Billiuon

The Ministry of Planning said that the government is seeking to invest more than 29 billion pounds in human and social development in the fiscal year 2015-2016.


A report showing the outline of the 2015-2016 economic and social development plan, has set about 70.7 million pounds in Presidency investments and 709.7"......

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05 Jul 2015

NBD: Business conditions improve for first time so far in 2015

June data signalled renewed growth of Egypt’s non-oil private sector, contrasting with the downward trend observed throughout the first five months of 2015. Output, new orders and new export business all increased, contributing to the overall"...

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05 Jul 2015

Egypt reopens Sadat metro station after temporary closure

Egyptian authorities reopened Downtown Cairo's Sadat metro station once more on Saturday, the state news agency MENA reported.


The metro station was shut down last Tuesday after operating for less than two weeks.


The"......

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05 Jul 2015

MoI Ramadan Councils to Discuss Community Protection and Crime Prevention

The Ministry of Interior’s Ramadan councils will conclude Monday following the discussion of the Ministry’s services provided within the sector of Community Protection and Crime Prevention.


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