Egypt in talks with Cyprus to transfer gas: El Molla

Mon, Dec. 18, 2017

Egypt and Cyprus are currently building a $1 billion joint pipeline.

Orascom-Engie-Toyota seal financial closure for 250MW wind farm

Mon, Dec. 18, 2017

Total investment in Orascom’s Engie-Toyota Tsushois estimated at $400 million.

Egypt signs ¥993m grant with JICA for education development

Mon, Dec. 18, 2017

E-JUST is the first Japanese university to be constructed outside Japan.

Butagasco opens new LE 3.5 million warehouse in Giza

Mon, Dec. 18, 2017

Butagasco targets selling 75,000 LPGs per month from its new warehouse.

Non-petroleum exports increase to $20B in Nov: GOEIC

Mon, Dec. 18, 2017

GOEIC’s monthly report revealed that exports increased month-on-month (m-o-m) to reach $1.805 billion in November 2017 vs. $1.785 billion in November 2016.

Egypt's agricultural exports hit $1.9B in 11 months

Mon, Dec. 18, 2017

Egypt's agricultural exports increased by 3.4 percent to hit $1.9 billion from January to November of 2017 compared with the corresponding period of 2016.

CBE issues LE 2.25B in T-bonds Monday

Mon, Dec. 18, 2017

The T-bills are to be offered in two installments, the first valued at LE 1.25 billion, while the second is valued at LE 1 billion.

Asian shares rise on U.S. tax cut hopes; China in focus

Mon, Dec. 18, 2017

Asian shares edged up on Monday, with sentiment boosted by expectations U.S. lawmakers will pass a long-awaited tax bill this week.