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23 Mar 2017

Egypt emerges as the world's fastest growing real estate market

Driven by huge domestic demand, Egypt will be the standout market globally for real estates in 2017, according to a March report by Euromonitor International.

The research agency has identified the top three markets globally in 2017"......

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23 Mar 2017

Nasr, AFD Cairo discuss signing agreements of health, sanitation & energy

Ms. Stéphanie Lanfranchi, Director of the AFD Cairo Office, was received by the Minister of Investment and International Cooperation Dr. Sahar Nasr, where the means of joint and potential cooperation between Egypt and France and projects of potential cooperation according to Egyptians’ requirements and...

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23 Mar 2017

Egypt, Russia to finalise contracts for Dabaa nuclear plant within two months

The government is set to complete the agreement on two contracts with Russia regarding the Dabaa nuclear power plant within two months. The two contracts include provisions on technical support, operation, maintenance, and fuel depots.

...

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23 Mar 2017

Egypt targets 4 to 4.5 m tonnes of wheat in 2017: Minister

Egypt is targeting between 4 to 4.5 million tonnes of wheat in 2017, Supply Minister Ali Moselhi said on Monday according to state news agency MENA.

Moselhi said at a press conference that there are two wheat silos from the UAE and Bloomberg"...

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23 Mar 2017

TBEA, Orascom win tender for Walideya power plant

Chinese company TBEA and the Egyptian Orascom won the tenders for implementing transformers’ substations and civil works for the 650 MW Walideya, Assiut power plant.

Sources at the Upper-Egypt Electricity Production Company (UEEPC) said that TBEA will be awarded a contract worth EGP"...

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23 Mar 2017

Huawei Egypt to increase local market investments

Huawei Egypt for Telecommunications and Information Technology is set to increase its investments in the Egyptian market, according to its strategy announced by the CEO of Huawei Egypt, Teri Liu, during a meeting with Minister of Investment and International Cooperation Sahar Nasr on Tuesday.

...

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23 Mar 2017

Only One Kind of Trader Is Doing Well Out of Egypt's Cheap Pound

Since Egypt devalued its currency, life in Cairo has gotten a lot easier if you sell stocks for a living -- and a lot harder if you sell fruit.

Mostafa Nagaty at Arqaam Capital says he’d begun to fear that “this profession"......

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23 Mar 2017

Are women the solution to Egypt’s economic problems?

Efforts and programs calling for the empowerment of women at all levels, especially the economic level, have become an important part of the statements and plans of international organizations and Egyptian institutions. ......

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23 Mar 2017

Egypt, Sudan schedule talks after disputed territory escalation

Egypt and Sudan are scheduled to hold discussions in Khartoum in April, Egypt's Foreign Ministry said in a statement on Tuesday, two days after Sudan made moves on disputed territory on the Egypt-Sudan border.

Egyptian"...

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23 Mar 2017

98 students in Egypt treated for food poisoning

Ninety-eight students in the Nile Delta north of Cairo have been treated for food poisoning symptoms in the second case of suspected mass poisoning caused by government-issued lunches this month.
Hanaa Sorour, an official of the Egyptian Health Ministry based in the delta, said all the affected students were released from the hospital after suffering stomach...

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