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12 Apr 2018

Egypt, Cyprus Discuss Turkish Challenges to Gas Exploration

Egyptian Foreign Minister Sameh Shoukry and his Cypriot counterpart, Nikos Christodoulides, discussed on Tuesday the Turkish-Cypriot dispute over gas exploration in the Mediterranean, which erupted two months ago.

The Egyptian foreign ministry said in a statement that the two"...

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12 Apr 2018

Egypt to inject LE55 bn into railway development

Egypt’s Transport Minister Hesham Arafat said in a press statement that there is a comprehensive plan to develop the railway system in Egypt by 2022, including its infrastructure, vehicles, tractors, crossings and stations, with a total cost of LE55 billion.

Arafat"...

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12 Apr 2018

Egypt's Sisi, Cypriot FM discuss boosting trade ties and energy cooperation

Egyptian President Abdel-Fattah El-Sisi and Cypriot foreign minister Nikos Christodoulides have agreed to bolster energy cooperation as well as economic and trade ties during talks in Cairo on Wednesday, Egyptian and Cypriot officials have said.

El-Sisi"...

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12 Apr 2018

Peugeot to assemble Tuk Tuk in Egypt, eye local co-partners

Peugeot Motorcycles Italia is mulling kicking off an enterprise for assembling Auto Rickshow (Tok Tok car) in Egypt in collaboration with local co-partners.

A delegation from PMI visited Egypt, held a series of meetings"...

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12 Apr 2018

Image launches Treat Me project second phase in July

Image, a solution and consultancies company, is preparing to launch the second stage of the project «Treat Me » early next July, which provides treatment for the Egyptian family, and aims to link the company electronically with all the service providers it deals with.

The"...

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12 Apr 2018

Ameria Printing Houses to tackle printing modernization via conference

Egypt's State-Owned General Organization for Printing Co.( Ameria Printing Houses) is set to tackle the issue of how to modernize Egypt's printing houses through a plan for organizing an inclusive conference in which all concerned bodies are to show up at sessions of that event, according"...

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12 Apr 2018

EBRD & AfricaInvest nearing acquisition of stake in Wadi Degla Clubs

A consortium made up of the European Bank for Reconstruction and Development and AfricaInvest Fund is coming close to the acquisition of a minority stake in Wadi Degla Clubs company in a deal worth USD20mln debuting investments into sports following the enactment of Egypt's new sports"...

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12 Apr 2018

Jordan, Egypt sign agreement to enhance investments

State Minister for Investment Affairs and President of the Jordan Investment Commission Muhannad Shehadeh signed with Egyptian Minister of Investment and International Cooperation Sahar Nasr on Wednesday, a Memorandum of Understanding (MoU) to establish a council to coordinate investment"...

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12 Apr 2018

Egypt Post signs e-commerce agreements with several African countries

The centre provides unique logistical services to all the countries of the continent, as it works to assemble and reorient all e-commerce parcels coming from the US, the UK, and China.

El-Saghir said that the events"...

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12 Apr 2018

Egypt sets buying price for local wheat in line with international prices

Egypt set the buying price for its local wheat crop at 570 to 600 Egyptian pounds ($32-$34) per ardeb (150 kilograms), the ministry of supply said on Wednesday.

Egypt, the world's largest importer of wheat, harvests"...

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