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Egypt in the News on 2 September 2019
Gov’t investment in Sinai shows “genuine intent” for development plans despite security threats: The government’s plan to invest EGP 5.23…
El Sisi’s Kuwait meetings, new urban cities, healthcare lead the conversation on Egypt’s talk shows
The last day of President Abdel Fattah El Sisi’s visit to Kuwait led the conversation on the airwaves last night.…
Pyramids renovation project is set to open 1Q 2020
The government is due to open its USD 500 mn pyramids renovation project in 1Q2020, an Antiquities Ministry spokesperson said,…
Elsewedy, EETC sign EGP 327 mn agreement for Marsa Alam power lines
Elsewedy Electric for Trading & Distribution has signed a EGP 327 mn agreement with the Egyptian Electricity Transmission Company (EETC)…
Japan, African Union sign investment declaration at Ticad
Japan, African Union sign investment declaration at Ticad: Egypt signed a 13-page declaration with Japan and other African countries to…
Egypt looks at equipping Giza Zoo with waste-to-energy power plants
Authorities are looking into equipping Giza Zoo with waste-to-energy plants, according to Afrik21. The plants would produce 100 cbm of…
White taxis are launching their own ride-hailing app
White-taxi drivers are launching their own ride-hailing app, developed by an Egyptian company, in October, Taxi Drivers’ Union head Mahmoud…
Orascom Construction profits drop 38% y-o-y in 2Q2019
EARNINGS WATCH- Orascom Construction profits drop 38% y-o-y in 2Q2019 to USD 31.3 mn, compared to USD 50.6 mn a…
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