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Egypt seeks 5.4% growth rate for FY 2020/2021, Maait
The Egyptian government is seeking economic growth rates of 5.4 percent during fiscal year (FY) 2019/2020, according to the Minister of Finance, Mohamed Maait said on Monday.The Egyptian government is…
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Guinean president appreciates Egypt’s support to his country in different fields
Guinean President Alpha Conde has appreciated President Abdel Fattah al Sisi's efforts in supporting to Guinea.
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MENA largest Medicine City inaugurated by Egyptian President on Thursday
The Egyptian new medical city, GYPTO Pharma, has been inaugurated by Egypt President Abdel Fatah al-Sisi on Thursday
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Drugmaker Bausch to sell stake in Egypt’s Amoun Pharma to ADQ for $740 mln
Canadian drugmaker Bausch Health Companies Inc announced on Wednesday that it would sell all its stake in Egypt’s Amoun Pharmaceutical Co to Abu Dhabi-based ADQ for around $740 million.
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Egypt sees 0.7% decrease in manufacturing, extractives index in January 2021: CAPMAS
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that the country saw a 0.7% decrease in its manufacturing and extractive index in January 2021.
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Siemens awarded contract to upgrade Egypt-Sudan electrical interconnection line
The state-run Egyptian Electricity Transmission Company (EETC) signed an agreement with Siemens Energy to raise the efficiency of the electrical interconnection line between Egypt and Sudan to 300…
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Egypt’s balance of payment will not be disrupted significantly by Suez Canal blockage: Moody’s
Egypt’s balance of payments will not to see a remarkable t disruption as a mega ship called, Ever Given, has been blocking the Suez Canal for almost a week, Moody’s announced on Monday.
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Ever Given was successfully refloated after blocking Suez Canal almost a week
Egypt announced that the Panamanian container ship has been successfully re-floated, according to Admiral Osama Rabie, Chairman and Managing Director of the Suez Canal Authority.
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Egypt to hold 1st training program for municipal African officials
The National Institute for Governance and Sustainable Development (NIGSD) - the training arm of the Ministry of Planning and Economic Development – announced the launch of the first training program…
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Italian court acquits Eni and Shell in Nigerian corruption case
A Milan court acquitted energy company Eni, its chief executive and Royal Dutch Shell on Wednesday in the oil industry's biggest corruption case revolving around the $1.3 billion acquisition of a…
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