The Saudi Arabian petroleum and gas giant Aramco is scheduled to start refining some of its petroleum in Egyptian refineries during the first quarter of 2018, a source at the Egyptian Ministry of Petroleum told Al-Ahram Weekly this week.
Minister of (...)
Cairo— French Cardinal of the Catholic Church Jean-Louis Pierre Tauran, is the President of the Pontifical Council for Interreligious Dialogue in the Roman Curia. He was appointed as cardinal in 2003 and was the Cardinal Protodeacon from 2011 to (...)
Cairo - On his Facebook page, ‘Sameh Abdul-Hamid', a leader in Salafist movement of Egypt, called for underscoring the speech of Field Marshal Khalifa Haftar, Libyan National Army Commander (LNA), marking the liberation of ‘Qunfudah', west Benghazi, (...)
Egypt-based Misr National Steel Company (Ataqa) plans to inject new investments in local market and expand in a number of new sectors notably chemicals industries.
Ataqa Chairman Gamal El-Garhy told Amwal Al Ghad Monday that this step comes after (...)
The Egyptian Authority for the Suez Canal Economic Zone (SCZone) signed contracts to develop 22 million square metres in Ain Sokhna during the last eleven months.
Chairman Ahmed Darwish stated Saturday that SCZone's strategy targets making the (...)
Egypt's Social Fund for Development (SFD) has signed Wednesday a memorandum of understanding with oil giant Shell to establish 300 service stations nationwide.
The agreement is within the framework of the Shell Intilaaqah Egypt Programme, which aims (...)
Egyptian Supply Minister Khaled Hanafy opened Wednesday the 14th Middle East & North Africa International Franchise Exhibition on 18-21 May at Cairo International Fair Ground Social Fund for Development (SFD).
During the inauguration ceremony, (...)
The Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national economy, is establishing a holding company by end of next January.
According to Mohamed Ashmawy, executive director of the fund, the (...)
Societe Arabe Internationale de Banque (SAIB) will be signing its first Shariah-compliant agreement upon the Musharaka system with Egypt's Social Fund for Development (SFD) by early 2016.
According to Nevine Gamea - Head of SFD's Central Sector for (...)
The Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national economy, has received so far contributions and donations totalling 6 billion Egyptian pounds (US$767 million).
Mohamed Ashmawy, (...)
The total investments of Bavarian Auto Group in Egypt have reached US$ 300 million, its chairman told Amwal Al Ghad Tuesday on the sidelines of the second annual Egypt Automotive summit.
The Bavarian Auto Group is considered one of the largest (...)
Egypt is seeking to increase its production of automotives to produce million cars by 2025, the country's industry minister Tarek Qabil said Tuesday.
Qabil further said in a keynote speech at the second annual Egypt Automotive Summit kicked off (...)
Cairo and Rome have signed Thursday a protocol on cooperation that aims to help Egypt to launch its own commodities exchange.
Egyptian Minister of Supply Khaled Hanafy has signed the protocol in the presence of Andrea Zanlari - Chairman of the (...)
Egyptian ministry of transport targets announcing a bunch of new projects estimated at 100 billion Egyptian pounds (US$12.4billion) during fiscal year 2015-16, Minister Saad el Gioushi stated Monday.
All details about the new projects will be (...)
Many terms have been applied to the unfolding events in Jerusalem and elsewhere in the Palestinian territories that have entered their third week. Some call it the third intifada, others a popular revolution or new uprising, or the harbingers (...)
Undoubtedly, events in North Sinai, where one of the headquarters of the Multinational Force and Observers (MFO) is located, are compelling the US as the largest contributor to the MFO in terms of troops and funding to rethink the strategic position (...)
The threats to Egyptian national security are mounting. These are related to an array of menacing regional developments, from the deteriorating situation in Iraq and Syria, through the upheavals in Yemen and the southern Red Sea, to the situation in (...)
The National Bank of Egypt (CBE) is in talks with the Social Fund for Development (SFD) to receive EGP 90 million finance.
The finance will go for non-governmental organizations (NGOs) to lend micro-enterprises, said Saad Mohy El-Din, deputy head of (...)
The Social Fund for Development (SFD) aims at financing 500 projects through the franchise finance gateway which will be launched in the upcoming period in collaboration with the National Bank of Egypt (NBE), Industrial Development and Workers Bank (...)
Egypt's Mo'men Group is pursuing to establish 8 new branches at EGP 25 million investment costs in 2013. The 8 new branches are divided into 4 branches by the franchise system and the other 4 branches by the Group's private investments.
Mohamed (...)
GAZA CITY: Israeli airstrikes killed three Palestinians including a schoolboy in the Gaza Strip on Sunday, officials said, while Gaza rocket squads fired salvos into southern Israel, deepening the worst round of violence between the sides in more (...)
GAZA CITY: Darting down the bumpy streets of Gaza wearing a cheap pair of sneakers, Palestinian runner Bahaa Al-Farra dodges potholes and traffic as he trains to compete against the world's best athletes at the London Olympics.
Although an (...)
The families of those injured and killed during the January 25 Revolution protested outside the Revolution Care Fund to call for quick sentencing of those accused of killing or injuring their relatives.
Protesters called for reform, a change of (...)
RAMALLAH: Some Palestinians criticized Hamas on Thursday for conceding too much in its deal to swap a captured Israeli soldier for more than a thousand Palestinian inmates.
Much of the criticism has come from officials who are loyal to Fatah, (...)
RAMALLAH, West Bank — Some Palestinians criticized Hamas on Thursday for conceding too much in its deal to swap a captured Israeli soldier for more than a thousand Palestinian inmates.
Much of the criticism has come from officials who are loyal (...)