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24 Nov 2016

El Batal braces for two new residential projects in New Cairo

Egyptian property developer El Batal Group is planning to launch two new residential projects with investments exceeding 1.3 billion Egyptian pounds ($74.1 million) in Fifth Settlement and New Cairo districts.

Emad"...

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24 Nov 2016

Portuguese investments in Egypt worth $430 m- Trade Minister

The total volume of Portuguese investments in Egypt is estimated at around €404 million in ready-made clothes and communication and information technology sectors.

Trade Minister Tarek Qabil announced Monday that the current visit of Egypt's President Abdel Fattah al-Sisi to Portugal is set to enhance Egyptian-Portuguese ties in all fields notably"......

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24 Nov 2016

Egypt unearths city and cemetery over 7,000 years old

Egypt has unearthed a more than 7,000-year-old city and cemetery dating back to its First Dynasty in the southern province of Sohag, the Antiquities Ministry said on Wednesday.

The"...

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24 Nov 2016

Egyptian airports register 29% decrease in passengers during first 10 months of 2016

The number of passengers received at Egyptian airports during the first 10 months of 2016 declined by 29% compared to the same period in 2015, according to statistics issued by the Holding Company for Airports and Air Navigation.

In all, 20.1m passengers had gone through Egyptian airports"...

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24 Nov 2016

Egypt to save $1tn through establishing solar thermal power plants by 2050: El-Nokrashy

Solar energy expert Hany El-Nokrashy, a member of the advisory council formed by Egyptian President Abdel Fattah Al-Sisi, spoke to Daily News Egypt about his five-year plan to attract foreign investment and the establishment of solar power plants in the coming period.

What was the"...

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24 Nov 2016

Egypt’s population to reach 92 million on Thursday

Egypt’s population will reach 92 million at 8 pm on Thursday, the Central Agency for Public Mobilisation and Statistics (CAPMAS) said, an increase by 1 million people in just six months.

In June, CAPMAS announced"...

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24 Nov 2016

Egypt's anti protest law: Legalising authoritarianism

Since the summer of 2013, following the military coup led by President Abdel Fattah el-Sisi, the ruling regime in Egypt has managed to handcuff the public space, surround it with ......

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24 Nov 2016

Egypt ranks 44 in HSBC Expat Explorer report, Singapore secures top spot for 2nd year

Egypt ranked 44 in HSBC’s Expat Explorer report, while Singapore still ranks as the best destination for expats for the second year running. The Expat Explorer league table ranks each country or territory using a score that summarises expats’ overall views of that destination. The Expat Explorer overall score is the average of the Economics, Experience,...

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24 Nov 2016

Egypt 'working on reconciliation deal' with Muslim Brotherhood

Egypt and the Muslim Brotherhood are in talks to end years of unrest, a Saudi-based leader of the group told al-Shorouq newspaper.

The source, who spoke on the condition of anonymity, said that the deal would prohibit the Muslim Brotherhood from taking part in Egyptian"......

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24 Nov 2016

Egypt’s soybean imports to grow 181% as tilapia production soars

The demand for US, Argentine and Brazilian soybean out of Egypt is expected to grow strongly in the coming years, according to a report by the US Global Agricultural Information Network (GAIN).

Already the world's second-largest tilapia producer after China, Egypt's government is targeting an increase in aquaculture production of around 35% by 2018,...

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