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Business - Energy
12/27/2021 5:18:43 PM
Petroleum Minister Tarek El Molla and Chief Executive Officer (CEO) of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz El Regal and Vice President of US Apache Corporation David Chi signed an agreement whereby the US company will invest dlrs 3.5 billion on exploration, development and production of gas and oil from concession areas in Egypt's Western Desert.

Business - Tech
12/27/2021 5:16:03 PM
A Russian Soyuz rocket on Monday took 36 more satellites from British operator One Web into orbit, bringing the company more than halfway towards its goal of providing global broadband internet.

Arts & Culture - Stage & Street
12/24/2021 3:11:00 PM
Every year in December, the Cairo Opera Ballet Company performs ‘The Nutcracker’ at the Cairo Opera House’s main hall, continuing a long tradition of performances of this magical work.

World - Africa
12/23/2021 9:54:17 PM
France on Thursday condemned the Malian transitional authorities' decision to allow the deployment of the Wagner Group, and accused Moscow of funding the private military company's use of mercenaries in the West African country.

Egypt - Health
12/22/2021 5:24:50 PM
Presidential Adviser for Health Affairs Mohamed Awad Tag El-Din announced on Tuesday evening that Egypt may locally manufacture COVID-19 treatment pills developed by giant pharmaceutical company Merck in a matter of a month or so.

Egypt - Urban & Transport
12/22/2021 4:27:00 PM
President Abdel-Fattah El-Sisi inaugurated on Wednesday a major complex for producing benzene at the Assiut Petroleum Refining Company in Upper Egypt in addition to several infrastructure projects in the region.

Business - Economy
12/21/2021 5:33:18 PM
The Suez Canal Economic Zone (SCZone) signed on Tuesday with Abu Qir Fertilisers and Chemicals Industries Company a contract establishing the biggest complex for methanol and ammonia production in the Ain Sokhna Industrial Zone at an investment cost of $2.6 billion.

Egypt - Urban & Transport
12/21/2021 4:11:59 PM
Egypt has asked the representatives of US multinational automotive giant General Motors (GM) and Al-Mansour Automotive Company to submit a comprehensive study of their plans to manufacture electronic vehicles locally, as they plan to launch electric, eco-friendly vehicles in the country in 2022.

Business - Markets & Companies
12/19/2021 4:17:59 PM
The Saudi United Electronics Company (EXtra) announced on Sunday that it will establish a fully owned subsidiary in Egypt with an initial direct investment of up to EGP 1 billion.

Al-Ahram Weekly - Economy
12/14/2021 9:44:25 PM
The government hopes to attract more foreign investment through its next batch of initial public offerings, reports Nahla Abul-Ezz

Egypt - Health
12/14/2021 4:53:00 PM
AstraZeneca has signed a procurement agreement with the Egyptian Authority for Unified Procurement, Medical Supply, and Technology Management (UPA) for the recently authorized long-acting antibody (LAAB) combination, Evusheld, a statement by the company announced on Monday.

Egypt - Health
12/13/2021 9:07:44 PM
Egypt's Ministry of Education and Scientific Research signed on Sunday an agreement with the Ministry of Agriculture and private company Eva Pharma to pursue studies to produce the country’s second domestically manufactured COVID-19 vaccine, the ministry said in a statement on Monday.

World - International
12/13/2021 6:46:08 PM
European Union foreign ministers agreed on Monday to slap sanctions on targets linked to the Russian private military company Wagner, accused of acting to destabilize Ukraine and parts of Africa.

Egypt - Urban & Transport
12/12/2021 7:23:27 PM
Egypt signed a contract with Czech ÚJV Rež Research and Development company to consult on the El-Dabaa nuclear plant, Chairman of the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) Sami Shaaban announced on Sunday.

Business - Markets & Companies
12/12/2021 3:34:15 PM
The board of directors of Al Ezz Dekheila Steel Company, one of the Ezz Steel companies, announced on Sunday its approval to purchase Egyptian businessman Ahmed Abu Hashima’s 18 percent stake in the Egyptian Steel Company, with a total value of EGP 2.5 billion.

Business - Tech
12/11/2021 1:45:44 PM
At the end of last October, Facebook founder Mark Zuckerberg announced the change of the company's name to "Meta", as well as the entry into a new era called "Metaverse." Ahram Online spoke to Derya Matrash, vice president of Meta for the Middle East, Africa and Turkey, asking her questions about the virtual world. How can someone participate in it? How are accounts secured in the virtual world? What is the future of the other social networks that are part of Meta?

Egypt - Tourism
12/9/2021 6:10:01 PM
National flag carrier EgyptAir will resume its weekly flights between Cairo and Johannesburg starting 16 December, the company said in a statement on Facebook.

Business - Markets & Companies
12/9/2021 6:03:57 PM
State-owned company Abu Qir Fertilisers (ABUK.CA) will list an additional 10 percent of its shares — specifically 126.2 million — in the Egyptian Stock Exchange (EGX) in December with a total value of EGP 2.2 billion ($143 million), according to a letter the company submitted to the EGX on Wednesday.

Business - Markets & Companies
12/4/2021 10:35:24 AM
American digital company BuzzFeed, known for its viral content and journalism, will go public on Monday after it initially raised less money than expected.

Business - Economy
12/2/2021 6:46:42 PM
Mansour Automotive Company and the US multinational automotive giant General Motors (GM) agreed to study joint manufacturing of electric vehicles in Egypt, as the Egyptian government intends to pay incentives to push forward the localisation of the automotive industry.

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