Economy
CEO of world’s largest cement maker to resign after company admits paying Syrian groups
April 24, 2017
CEO of world’s largest cement maker to resign after company admits paying Syrian groups
LafargeHolcim (LHN.S) Chief Executive Eric Olsen will leave the company in July after the world's largest cement maker admitted on…
30 projects worth $20 billion to be established in Suez Canal Economic Zone: official
April 24, 2017
30 projects worth $20 billion to be established in Suez Canal Economic Zone: official
Egypt will establish 30 projects in the Suez Canal Economic Zone with investments totalling US$20 billion, said President of the Suez Canal…
Egypt’s Sharm el-Luli ranks 3rd in top 10 Middle East beaches
April 23, 2017
Egypt’s Sharm el-Luli ranks 3rd in top 10 Middle East beaches
Sharm el-Luli beach in the resort town of Marsa Alam in the Red Sea governorate came third in a TripAdvisor ranking…
Fees to be imposed on fish exports: Trade Minister
April 23, 2017
Fees to be imposed on fish exports: Trade Minister
The decision over whether to impose fees on fish exports is still under consideration; the value of this fee will be based…
Trump warming to EU free trade deal: Times
April 22, 2017
Trump warming to EU free trade deal: Times
The United States could strike a free-trade agreement with the European Union after President Donald Trump warmed to a deal…
EgyptAir to receive new Boeing aircraft in May
April 20, 2017
EgyptAir to receive new Boeing aircraft in May
EgyptAir will receive a third Boeing B737/800 NGs to join the company’s fleet at beginning of May. This addition will be the…
Egypt ranks 3rd most attractive investment destination in Africa: report
April 20, 2017
Egypt ranks 3rd most attractive investment destination in Africa: report
Egypt was ranked as the third most attractive investment destination in Africa by Quantum Global, an Africa-based investment management firm, according…
Worries over Trump policies cloud start of IMF, World Bank meetings
April 20, 2017
Worries over Trump policies cloud start of IMF, World Bank meetings
World finance leaders are gathering on US President Donald Trump's home turf on Thursday to try to nudge his still-evolving…
1,741 new companies established in March: official report
April 20, 2017
1,741 new companies established in March: official report
The General Authority for Investment and Free Zones announced that 1,741 new companies were established in March with a total…
32 air-conditioned trains to be purchased for Metro first line, 6 others for second line at LE15.5 billion: minister
April 19, 2017
32 air-conditioned trains to be purchased for Metro first line, 6 others for second line at LE15.5 billion: minister
Transportation Ministry will purchase 32 new air-conditioned trains for the Cairo Metro's first line (Marg-Helwan) at a cost of LE12.5…