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02 Feb 2017

Mall of Egypt to be inaugurated in Q1 of 2017: Majid Al Futtaim

The company said in a press release on its website on Wednesday that the company’s development projects in Egypt are going according to plan, noting that it will continue to expand its investments in Egypt during this year.

The company announced on Tuesday that results of its business"...

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01 Feb 2017

Mastercard and INJAZ Egypt initiate the Mastercard Women's Entrepreneurship Program


Mastercard and INJAZ Egypt have officially initiated the Mastercard Women’s Entrepreneurship Program aiming at supporting young female entrepreneurs. The program, which conforms to declaring 2017 a 'year of the Egyptian women', empowers young Egyptian females to pursue their dreams, establish their financial independence"......

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01 Feb 2017

Military Production minister calls on private sector to boost cooperation

Minister of Military Production Mohamed al-Assar called on the private sector, the business community and investors to communicate with the ministry in order for all to take advantage of the available capabilities in a way that would flow into"...

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01 Feb 2017

First phase of Damietta Furniture City to complete late this year

The first phase of Damietta Furniture City, including construction works, will be finalized late this year, said Minister of Trade and Industry Eng. Tarek Kabel.

Already finalized are the technological center premises which include a training center, units for designers and entrepreneur, as the latter aims at utilizing the most advanced furniture"......

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01 Feb 2017

Sisi meets Kenyan & Congolese counterparts in Addis Ababa

President Abdel Fattah El Sisi on Sunday 29/1/2017 stressed Egypt’s keenness on promoting ties with Congo-Brazzaville in all fields.

Sisi made the remark at a meeting with Congo-Brazzaville's President Denis"...

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01 Feb 2017

Egypt’s Banks Attract $9 Billion in Inflows Since Pound Float

Egypt’s central bank said commercial lenders attracted $9 billion in inflows since the pound was floated three months ago.

“Trust in the system is growing,” Assistant Sub Governor Rami Aboul Naga"...

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01 Feb 2017

Siemens sets new record at Egypt mega project

Siemens has set a new worldwide benchmark for the execution of fast-track power projects by completing the first phase of a mega project in Egypt and adding 4.8 gigawatts of power generation capacity to the nation's grid.

Siemens was awarded its single biggest order ever for the expansion of the Egyptian power supply in June 2015.

Now,...

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01 Feb 2017

Hamas security delegation leaves Gaza to Egypt

A security delegation from the Palestinian Hamas movement left the Gaza Strip on Tuesday, via the Rafah crossing, heading to Egypt in the context of continuing joint meetings and consultation between the two parties.

An"...

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01 Feb 2017

Sudan, Egypt split difference over Halayeb dispute

Sudan and Egypt agreed on Tuesday not to raise the issue of Halayeb Triangle disputed between the two countries, official Sudan News Agency (SUNA) reported.

The agreement came at a meeting between Sudanese President"...

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01 Feb 2017

Egypt's Sisi suffers fresh batch of purported leaks from inner circle

The inner circle of Egypt’s President Abdel Fattah al-Sisi has been hit by a fresh wave of leaked alleged audio recordings, casting doubt on the security of the president's confidants.

The purported leaks, first"...

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