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15 Mar 2015

The Security Media Department: A Realistic Image

The Security Media Department offers you its best wishes, and would like to extend its gratitude for your continuous cooperation and its appreciation for your partnership which aim to enhance the security and safety environment in the country. As we continue to highlight the positive and"...

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14 Mar 2015

Salam appeals for joint Arab action at Egypt conference

Unified Arab action is necessary to confront unprecedented turmoil ravaging the Middle East, Prime Minister Tammam Salam told an assembly of businessmen, royals and heads of state in"...

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14 Mar 2015

Egypt unveils blueprint for new mega capital city

Egypt Friday announced plans to build a new capital spread over 700 sq km, about the size of Singapore, adjacent to Cairo, in a massive new project that is planned to be completed in seven years with the first phase expected to cost 30 billion pounds (42 billion euro).


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14 Mar 2015

Currency black market ‘over’ in Egypt: CBE governor

The currency black market has “disappeared” in Egypt due to the procedures adopted by the Central Bank of Egypt (CBE), governor Hisham Ramez said in his speech the Egypt Economic Development Conference (EEDC) Saturday.


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14 Mar 2015

Egypt and Siemens sign $10B power plant deals

Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker signed Sunday deals worth $10 billion with the German Minister for Economic Affairs and Energy Sigmar Gabriel and the Germany’s Siemens representatives Lisa Davis, according to a statement from the Egyptian Ministry of Electricity.

Both"...

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14 Mar 2015

PepsiCo to invest $500 mn in Egypt this year

PepsiCo will invest $500 million in Egypt this year to expand production, its business unit manager for North East Africa said on Saturday.

Ahmed El Sheikh told Reuters at an investment conference in Sharm El-Sheikh that the investment comes after the global food and beverage company"...

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14 Mar 2015

Egypt's Sawiris considers buy in Italy internet sector - Corriere della Sera

Naguib Sawiris is considering making an acquisition in Italy's Internet sector, the Egyptian tycoon said in an interview published on Saturday.


Sawiris, whose family founded Egypt's giant Orascom group, said in an interview"......

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