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US Navy ships dock in Alexandria for first time since 2009
Pence’s visit coincided with the US Navy ships USS Carney and USNS Carson City docking at the Port of Alexandria,…
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El Sisi, Pence discuss Jerusalem, terrorism in first stop of Pence’s Middle East tour
Egypt still publicly supports Palestine’s claim to Jerusalem: President Abdel Fattah El Sisi told US Vice President Mike Pence during…
El Sisi, Anan officially announce presidential bids
El Sisi, Anan announce presidential bids: President Abdel Fattah El Sisi formally announced on Friday that he will seek a…
Cabinet approves establishing FEI’s readymade garments division, two loans from EBRD and EIB
The Ismail Cabinet approved yesterday the establishment of a furniture division in the Federation of Egyptian Industries, according to an…
ODE announces 87.5% y-o-y increase in 2017 sales
Orascom Development Egypt (ODE) announced yesterday that sales in 2017 grew 87.5% y-o-y to EGP 1.46 bn, up from EGP…
NRA to hike railway ticket prices by 15-150%
Egyptian National Railways is planning to hike ticket 15-150% depending on the type of train and the distance traveled, ENR…
Egypt to delay customs tariff cut on EU-imported cars to next year
Egypt has reportedly received the EU’s blessing to postpone a measure that would have seen customs on cars imported from…
AfDB approved third USD 500 mn tranche of the USD 1.5 bn loan
The board of directors of the African Development Bank (AfDB) has approved disbursing the third USD 500 mn tranche of…
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