KarmSolar, Egypt's fastest growing solar energy solutions company, is negotiating with five local and international banks to secure 1 billion Egyptian pounds ($61.4 million) loan to finance some solar power plants.
Ahmed Zahran, the company's chief (...)
To mark the South Korea's National Day, ambassador of South Korea to Egypt Yoon Yeocheol and his wife hosted a lavish reception party at their residence in Maadi on 10 October and received ambassadors, public figures and senior state officials. (...)
Egypt is looking to export commodities worth $ one billion to the US through the Qualified Industrial Zone protocol (QIZ) during the current year with an increase of 15 percent, head of the QIZ unit at the Egyptian trade ministry Ashraf El Rabiey (...)
Egypt's electronics and home appliances maker, El-Araby Group announced the first phase its industrial complex in Beni Suef will be inaugurated in October 2019 with investments of 350 Egyptian pounds CEO Ibrahim El Araby told Amwal Al Ghad.
He added (...)
Egypt's electronics and home appliances maker, El-Araby Group is expecting that some factories of the industrial complex in Beni Suef will start its operations at the beginning of next October, CEO Ibrahim El Araby said.
He further told Amwal Al (...)
Women own only 5.2 percent of private land plots in Egypt, revealed a new study conducted by the National Council for Women in cooperation with the World Bank.
As full access to resources is a strong indicator of women's empowerment, it is among the (...)
Egyptian electronics and home appliances maker, El-Araby Group plans to open a new factory at the industrial complex in Upper Egyptian governorate of Beni Sue next October, vice president Ibrahim El Araby said on Wednesday.
With vestments of 200 (...)
South Korea is keen on boosting cooperation with Egypt in all fields and concluding a free trade deal with Cairo, South Korean Ambassador in Egypt Yoon Yeocheol said on Sunday.
He stressed that bilateral consultations are underway to ensure the (...)
Egyptian and South Korean authorities discuss inking a Free Trade Agreement (FTA) to boost trade exchange and joint economic cooperation, said S. Korean Ambassador to Egypt Yeocheol Yoon.
“The future FTA with Egypt will hopefully solve the current (...)
Egypt's President Abdel Fattah al-Sisi opened on Saturday a number of projects, including a complex of 1,300 greenhouses over 10,000 feddans in Marsa Matrouh, part of a nationwide agricultural project.
Sisi also opened a factory in Marsa Matrouh for (...)
President Abdel Fattah Al-Sisi inaugurated 1,300 greenhouses at Mohamed Naguib military base on Saturday morning, as part of the national agricultural project, marking the largest greenhouse complex in the Middle East.
The second phase of the (...)
When you wander in Egypt's streets, you may notice some children sleeping on pavements or under bridges, or even begging for money from pedestrians. Those children are known as homeless children or street children. They are victims of different (...)
Azm Forum (Resolve), a job fair sponsored by Bank of Alexandria for people with disabilities, aims to promote the labour market inclusion of this segment adding to the efforts of the Egyptian state in this regard.
Early July, the first edition of (...)
China's leading TV manufacturer Konka Group seeks to increase the volume of its investments in Egypt to $100 million by the end of 2020, Ahmed AbdelHamid, said.
Konka Egypt Vice President made these comments during a press conference to celebrate (...)
Egypt's electronics and home appliances maker, El-Araby Group, seeks to inaugurate first plant for components in its industrial complex in Beni Suef by mid 2020, CEO Ibrahim El Araby revealed to Amwal Al Ghad.
Alaraby's new industrial complex in (...)
The Ministry of Electricity has decided to amend its previous plans for the implementation of electricity production projects until 2030, after the stability seen in energy demand growth, and increasing surplus.
A government source told Daily News (...)
Egypt has issued a presidential decree to build a new city by northwest of Cairo, an official source in the country's Housing Ministry's arm NUCA said on Tuesday.
The new city will be at the Wadi El Natrun-New Alamein road, to be one of Egypt's (...)
El Sewedy Electric will complete the implementation of a 500kV power line with a length of 185 km in September.
Sources in the Ministry of Electricity told Daily News Egypt that El Sewedy Electric is executing the line to connect Benban 3 to Naga (...)
Tamweely Microfinance started implementing its expansion plans by activating a cooperation protocol with the National Postal Authority (NPA), in connection with launching company branches in the headquarters of NPA offices in several governorates of (...)
Mariout Hills is planning to establish seven sustainable cities in Egypt within the coming 10 years, in addition to the already announced project in North coast, according to Ahmed Hassan, chairperson of Mariout Hills Developments.
Hassan told Daily (...)
The Minister of Social Solidarity and Chairperson of Nasser Social Bank, Ghada Waly, said that there is a comprehensive plan for the development of the bank's branches.
Waly explained that this plan includes the establishment of a new head office in (...)
Economic and diplomatic experts agreed that boosting Egypt-United States relations needs to be strengthened over the next period. Daily News Egypt looked into the ways to further promote joint relations with the US with a particular focus on the (...)
Moderate weather is expected along Egypt's northern coast over the next few days, but heat and humidity will reign in Cairo, the Nile Delta and northern Upper Egypt, according to Egypt's Meteorological Authority (EMA).
Higher temperatures are (...)
CEO and Managing Director of Cleopatra Hospital, Ahmed Ezzeldin, revealed that the board of directors has been exploring new areas under the company's plan to open two new clinics annually over the next five years, adding that the group has made (...)
Yun Kang Hyeon, Deputy Minister for Economic Affairs of South Korea's Ministry of Foreign Affairs (MoFA), will begin his first official visit to Egypt on Tuesday, South Korean ambassador to Egypt, Yeocheol Yoon, said.
"During the deputy minister's (...)
