Eastern Tobacco Company, Egypt's biggest cigarette manufacturer, reported on Thursday a 16 percent rise in net profit over a nine month period from January through September.
China Fortune Land Development Company (CFLD) expects to finalise its $20 billion deal to develop part of Egypt's new capital by the end of 2016 and break ground early next year, a partner on the project told Reuters.
Alexandria Zoo will be closed for 15 days from Monday due to restoration and development work, said zoo director Eman Mekhaimar.
After one-year- hiatus, Air Germania will resume its first flight from Munich Airport to Sharm el Sheikh on Monday, Youm7 reported Egyptian ambassador to Berlin Badr Abdel Atti on Thursday. The fight will carry a total of 150 passengers, he added.
Minister of Environment khaled Fahmy has granted a group of Engineering students from Cairo University a check worth of 390,000 EGP in aid to produce solar cars, according to a statement from the Ministry on Thursday.
Egyptian Minister of Legal Affairs and the house of Representatives Magdi al-Agatti said that the ministerial committee, tasked to conduct amendments to the protest law, has drafted all amendments to this newly passed law.
President Abdel Fatah atl-Sisi will hold an interview with a number of Egyptian editors-in-chief and other journalists on Thursday afternoon, on the sideline of the first National Youth Conference, which opened on Tuesday in Sharm el Sheikh under the theme “Innovate … Advance,” State’s owned news agency MENA reported.
The case of Italian student Giulio Regeni, who was murdered inEgypt in February, is an “open wound” for Italy, Foreign Minister Paolo Gentiloni said on Wednesday.
An Egyptian appeals court on Thursday acquitted a Mubarak-era oil minister of charges of selling under-priced gas to Israel and squandering public funds in a final ruling in the case, a judicial source told Ahram Online.
Edita Food Industries, Egypt’s maker of Twinkies and one of the country’s largest food producers, said on Wednesday sugar seized at one of its plants by government authorities had been released and operations would resume within hours.
Egypt’s foreign debts rose by 16 percent by the end of 2015/2016 Fiscal Year to reach 2.619 trillion EGP ($ 55.8 billion) up from 2.116 trillion EGP by the end of 2015/2015 FY, the Central Bank of Egypt (CBE) said in a report published on Wednesday.
Egypt’s Ambassador to Tunisia Nabil Habashy said that the embassy managed to reach an agreement with the Tunisian authorities to release 12 Egyptian fishermen who were detained in Sfax port last week, Youm7 reported Wednesday.
The Egyptian Foreign Ministry Spokesman Ahmed Abu Zeid responded Wednesday to an article released by the Foreign Affairs magazine which heavily criticized Egypt’s domestic and foreign policy.
Egypt saw nine ranks up in the Doing Businesses index for 2017 compared to the last year's report to be placed 122nd out of 190 countries, the World Bank’s group said in its annual report released on Tuesday.
Belgian Jetairfly will resume flights to Egypt’s Sharm El-Sheikh starting on Sunday following a one-year suspension, Egypt’s tourism ministry announced on Wednesday.
Cairo International Airport’s new Terminal 2 is now compliant with all aviation security requirements, Russia’s transport minister, Maxim Sokolov, said in interview with Rossiya 24 TV Channel.
The National Council for Woman (NCW) has drafted a draft law to protect women against violence, Youm7 reported on Wednesday.
Egyptian Foreign Ministry has decided to close three consulates and an embassy abroad and to withdraw a total of 40 diplomats worldwide to cut its budget, said the Ministry Spokesperson Ahmed Abu Zeid in a statement Monday.
The Egyptian military’s economic activities are equivalent to just 1 to 1.5 percent of GDP and not more than 20 percent as some have claimed, President Abdel Fattah al-Sisi said on Tuesday in a televised speech.
International Cooperation Minister Sahar Nasr said on Tuesday that the ministry has attracted US$15 billion in funding in the past year for projects to improve Egypt's economy and help raise living standards, with most of the money allocated to basic infrastructure projects that will boost exports.
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