Egyptian Prime Minister Moustafa Madbouly has ordered the speeding of work on the El-Tawarei Canal Axis development project.
The project aims to set up an urban area surrounding the axis of the canal stretching from Gesr El-Suez until Belbeis desert (...)
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 (...)
Egypt will soon reopen the century-old Baron Empain Palace after a $6 million renovation of the Indian-inspired mansion built by a wealthy Belgian engineer in the upmarket Heliopolis district of the capital Cairo.
Built in 1911, the two-story (...)
The head of Egypt's state-owned lender Banque du Caire told reporters on Tuesday that he expects the bank will hold an initial public offering by the end of 2019 or in early 2020.
"We plan to offer 30-40 percent of the shares in the bank in (...)
Members of Egypt's armed forces have left to Russia to take part in joint military drills with Russian and Belarusian air troops that start on Tuesday, Egypt's military said in a statement.
Egyptian paratroopers and Russian and Belarusian airborne (...)
Egyptian authorities have arrested the secretary general of Egypt's Supreme Council for Media Regulation Ahmed Selim on charges of bribery, security sources said.
Selim was arrested by officers from Egypt's Administrative Control Authority (ACA), (...)
The Cairo Criminal Court sentenced six defendants to death after being found guilty in the case known as "Popular Resistance in Kerdasa"
Meanwhile 41 other defendants were sentenced to lifetime imprisonment.
Only 13 defendants have attended the (...)
Egypt's President Abdel Fattah al-Sisi has congratulated the country's U19 handball team who won the World Handball Championship on Sunday, praising their heroic and manly' performance.
The president also praised the team's technical staff, (...)
Egypt's Prime Minister Moustafa Madbouly has ordered the swift renovation of Tahrir Square as part of the Historic Cairo Project.
The prime minister's directives were given during a cabinet meeting attended by Housing Minister Assem El-Gazzar and (...)
Nine theatre shows took place on Sunday, filling all public theatres in shows as a part of the 12th National Egyptian Theatre Festival, which kicked off on Saturday.
The theatrical performances, targeting both adults and children, participate in the (...)
President Abdel Fattah Al-Sisi honoured on Sunday 18 Egyptian scholars on the occasion of the Science Day celebrated at Al Manara International Conference Center in New Cairo.
The honoured scholars and university professors received previously other (...)
Cairo, Sharm El-Sheikh, Hurgahda, and Alexandria are to witness a growth of 11%, 39%, 29%, and 27%, respectively year-over-year (y-o-y) in revenues per available rooms (RevPAR), Colliers International said in its latest MENA Hotels Forecast report (...)
Al Dau Development is looking for expansion across Egypt, Mohamed Salem, senior operations and commercial director at Al Dau, told Daily News Egypt in an interview, where he talked about the company's projects and development plan; the transcript (...)
The National Bank of Egypt (NBE) has announced granting EGP 2.5m prizes to Egypt's youth and junior handball teams after winning the Men's U-19 World Handball Championship in Skopje, North Macedonia and the bronze medal at the Men's Junior World (...)
President Abdel Fattah Al-Sisi ordered on Sunday Prime Minister Mostafa Madbouli to empty Cairo from ministries and state administrative headquarters by 2020 as part of state efforts to develop the historic city.
In a statement released by Egypt's (...)
Billed as a promising mega-project to make up around a third of Egypt's economy, Engineer Yahia Zaki's appointment as head of the Suez Canal Economic Zone was hailed by many.
Zaki is the managing director of consulting firm Dar al-Handasah that (...)
Egypt's Hometown Real Estate Development has marketed the first phase of its first commercial and administrative flagship; Zaha Park in the country's new capital, chairman said on Sunday.
"We had sold the first phase, which represents 20 percent of (...)
Dubbed as a global sensation, her name is synonymous with bold music, feverish dance routines and a glittering wardrobe. In time for her 50th birthday, the international performer chose to change several gender and age-related stereotypes through a (...)
Egyptian real estate developer Tatweer Misr's investments in under-construction nonresidential projects totalled 10 billion Egyptian pounds ($601.4 million), said managing director on Sunday.
These projects will be implemented within the coming ten (...)
Egypt's Misr Emirates Takaful Life Insurance (Metlico) targets a 35.5 percent year-on-year surge in its premiums to 145 million Egyptian pounds ($8.7 million) within the financial year 2019/2020, said sources on Monday.
Earlier, premiums registered (...)
Cairo University has jumped 100 ranks to occupy a 301-400-category place in the 2019 Academic Ranking of World Universities (ARWU) of Shanghai Ranking Consultancy.
In a statement, university president Mohamed Othman Al Khosht hailed the achievement (...)
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 (...)
Serbian tactician Milutin Micho Sredojevic will be Zamalek's new coach, according to club president Mortada Mansour.
“Choosing the new coach is over. Micho is our choice,” Mansour told Mehwar TV channel early on Saturday.
Under temporary coach Tarek (...)
The prices of vegetable fell between 15 percent and 25 percent in the wholesale market, which is also reflected in prices in the retail market, The Cairo Chamber of Commerce said in its weekly report on Saturday.
“the vegetable and fruit market is (...)
The timeworn, colour fading walls of Cairo's spectacular Salah El-Din Citadel are witnessing the final preparations of one of the country's biggest, most anticipated music festival. The 28th Citadel Music Festival for Music and Singing which kicks (...)
