News

Egypt will be seeing the establishment of a joint venture (JV) for cotton seed oil extraction, after an agreement has been signed between Cotton & Textile Industries Holding Co (CTIHC), affiliated…
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Orascom Development Egypt (ODE)  posted 571.32 million Egyptian pounds in consolidated net profits in 2020, down by 19% year-on-year (YoY)  705.55 million pounds, including minority shareholders’…
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The Egyptian Transport and Commercial Services Co (Egytrans) will only sign binding agreement with H.A. Utilities Holding BV, the owner of the infrastructure and renewable energy firm H.A. Utilities…
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Governments are using technological advances to build better cities as the digital economy develops, in addition they will use analytics to add value for their people as more "stuff" becomes linked…
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Egypt has officially joined the U.N. trucking treaty TIR Convention on Monday, a major step in the country’s plan to boost trade and stimulate economic development.
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The Egyptian Minister of Supply and Internal Trade, Ali El-Moselhy, will lay the cornerstone of a new logistics zone in El-Dakahlia with total investments of 2 billion Egyptian pounds.
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GlaxoSmithKline said that its majority shareholder Glaxo Group Limited and Hikma Pharmaceuticals have agreed to cease discussions about the potential acquisition of GSK’s assets in Egypt and Tunisia.
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Egypt’s economy seen a growth by 2 percent in the second quarter (Q2) of fiscal year 2020/2021, the Minister of Planning and Economic Development, Hala El-Saeed, revealed.
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Egypt’s Prime Minister Mostafa Madbouly has announced that the transfer of government institutions to the New Administrative Capital (NAC) will start by next August.Egypt’s Prime Minister Mostafa…
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Shell Egypt and one of its subsidies signed an agreement to sell their upstream assets in Egypt’s Western Desert to a consortium consisting of subsidiaries of Cheiron Petroleum Corporation and Cairn…
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