Admiral Osama Rabie, Chairperson of the Suez Canal Authority (SCA), announced on Monday that the grounded Ever Given container ship has been re-floated successfully, which means that navigation along the Suez Canal can also be resumed.
#BREAKING (...)
The grounded container ship in Suez Canal has been re-floated successfully, which means that navigation along the Canal can be resumed, Admiral Osama Rabie, Chairperson of the Suez Canal Authority (SCA), announced on Monday.
The EVER GIVEN vessel (...)
Egypt has to complete its economic reform despite political and social difficulties, otherwise Egypt will slide backwards, said Hani Sarie-Eldin, former head of Egyptian Capital Markets Authority (CMA), and guest of honour in Egypt's Economic Summit (...)
Macroeconomic stability and structural reforms are the corner stone of all economic activities, said EGX Chairperson Mohamed Farid, during the Egypt's Economic Summit (EES) on Tuesday.
"Economic reforms are a means to an end,” Farid added, and the (...)
Egyptian tycoon Mohamed Abou El Enein told Daily News Egypt that he plans to invest EGP 3.5bn in Egypt during the coming three years.
He added that increasing the private sector's involvement in the Egyptian economy is very important, explaining (...)
Egypt's exports are expected to witness a 20% increase by the end of this year, compared to 2018, the Minister of Trade and Industry, Amr Nassar, said during his speech in the Egypt's Economic Summit (EES), which kicked off on Tuesday under the (...)
Techno Pharma Egypt, a subsidiary of Pharco Pharmaceuticals, announced in a press conference that it plans to double its production of contraceptives in the coming period.
Managing Director of Techno Pharma, Ahmed Refai, said the company is pumping (...)
Trump's Middle East peace plan publicly known as the ‘deal of the century' will include $50bn in investments in the Palestinian Territories, Egypt, Jordan, and Lebanon in its first phase, said Donald Trump's senior advisor and son-in-law, Jared (...)
Ramadan is known for producing many advertisement campaigns for many brands.
Being a spiritual month, many NGOs, hospitals, and charity organisations that rely on donations exploit Ramadan to attract more people to donate through advertising.
During (...)
Egypt achieved an initial budget surplus of EGP 35.5bn during the first nine months (9M) of the current fiscal year (FY), compared to a target of EGP 35bn, Finance Minister Mohamed Moeit revealed on Tuesday.
The 2018/19 primary balance figures do (...)