Economy - Wikipedia Commons
The first agreement is for an electric train that connects the 10th of Ramadan City and the New Administrative Capital with the cost of $739 million.
The loan will allow Egypt to increase power generation capacity and reduce reliance on gas and fuel, to help meet its commitment under the Paris Climate Agreement.
On the sidelines of the exhibition, Egypt will hold a conference to promote investment and trade between Cairo and Beijing.
Government purchases in the world’s biggest wheat importer rose 80 percent for the first seven months of 2017.
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Elsewedy will build electricity and communication infrastructure for El Mostakbal for Urban Development’s project.
A number of 19 companies operating in the automotive market were referred to the tax evasion unit, CPA head said.
Gross profit of Orange Egypt registered LE 5.2 billion in H1 2017.
The benchmark index EGX30 minimally decreased 0.01 percent to close at 13,415 points.
It records LE 17.60 for buying and LE 17.70 for selling.
Moody’s Investors Service said on Tuesday it would strip the United States of its top-notch rating if a default such as a missed debt payment were to happen.
Russian oil supplies to North Korea are close to zero and Moscow has not discussed the possibility of curbs on energy supplies to Pyongyang with its international partners.
U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico.
Dana jumped 14.1 percent on Monday after Iraqi Kurdistan agreed to immediately pay Dana’s gas production consortium $1 billion.
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