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Egypt
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Urban & Transport
8/2/2022 5:41:37 PM
The China State Construction Engineering Corporation (CSCEC) – one of the largest construction companies in the world – started the concrete casting of the New Alamein City’s Iconic Tower at the Downtown Towers Project in Egypt’s Mediterranean city on Monday.
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Business
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Markets & Companies
7/31/2022 5:15:27 PM
Listing state-owned companies in Egypt’s Exchange (EGX) and implementing the privatisation programme would stimulate Egypt’s capital market and boost its liquidity, Chairman of Financial Regulatory Authority Mohamed Omran said on Sunday.
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Business
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Tech
7/27/2022 7:59:20 PM
A bill designed to encourage more semiconductor companies to build chip plants in the United States passed the Senate on Wednesday as lawmakers raced to finish work on a key priority of the Biden administration.
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War in Ukraine
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Economy
7/27/2022 12:43:21 PM
Shipping companies are not rushing to export millions of tons of trapped grain out of Ukraine, despite a breakthrough deal to provide safe corridors through the Black Sea. That is because explosive mines are drifting in the waters, ship owners are assessing the risks and many still have questions over how the deal will unfold.
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World
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International
7/27/2022 11:37:20 AM
Britain's railway network ground to a crawl on Wednesday after 40,000 staff walked off the job in a dispute over jobs, pay and working conditions. Train companies said only about a fifth of services across the country were due to run.
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Business
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Economy
7/21/2022 1:25:51 PM
Egypt’s cabinet has approved in its weekly Wednesday meeting preparing two national companies for their stakes to be offered for sale on the Egyptian Exchange (EGX).
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Egypt
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Foreign Affairs
7/19/2022 6:32:38 PM
Egyptian President Abdel-Fattah El-Sisi asserted that Suez Canal Economic Zone (SCZONE) provides promising opportunities for German companies that seek to take advantage of Egypt's strategic location as a hub for production, Presidential Spokesman Bassam Rady said on Monday.
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War in Ukraine
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Military
7/15/2022 6:03:33 PM
Bulgaria's defense capabilities will not be seriously affected by Moscow's decision to suspend Russian helicopter repair certificates to local companies, the defense minister said on Friday.
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World
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Region
7/8/2022 6:32:15 PM
Iraq's oil minister said on Thursday the government will take steps to enforce a recent court decision to annul oil contracts the semiautonomous northern Iraqi Kurdish region made with international companies.
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Business
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Energy
7/4/2022 10:28:19 AM
Amazon founder Jeff Bezos has criticized President Joe Biden for calling on oil companies to lower sky-high gasoline prices, prompting the White House to come to the US leader's defense on Sunday.
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Business
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Markets & Companies
6/28/2022 9:04:00 PM
AMAN Group, one of the leading FinTech companies in the Egyptian market focusing on non-banking services, raised its capital by EGP 240 million in 2022 to reach EGP 615 million in order to meet its expansion plans in the Egyptian market through current and new extended services, CEO of AMAN Financial Services Hazem Moghazy told Ahram Online.
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Egypt
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Society
6/28/2022 1:14:09 PM
The first batch of Egyptian pilgrims that registered through tourism companies, arrived in Saudi Arabia on Tuesday, according to a statement by the Ministry of Tourism and Antiquities.
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World
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Region
6/27/2022 5:24:38 PM
One of Iran's major steel companies said Monday it was forced to halt production after being hit by a cyberattack, apparently marking one of the biggest such assaults on the country's strategic industrial sector in recent memory.
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War in Ukraine
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Economy
6/26/2022 1:04:56 PM
Leaders of three French energy companies on Sunday called on the French public to immediately reduce consumption of fuel, oil, electricity and gas amid shortages and soaring prices due to Russia's supply cuts and the war in Ukraine.
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Egypt
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Foreign Affairs
6/16/2022 6:00:18 PM
The construction work at Tanzania’s Julius Nyerere Hydroelectric Power Project (JNHPP) undertaken by a consortium of Egyptian companies has reached advanced levels, Egypt’s Minister of Housing Assem El-Gazzar said while touring the site.
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Egypt
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Courts & Law
6/16/2022 5:07:26 PM
In a story befitting of a documentary on the meteoric rise and fall of companies, a Cairo Economic Court put an end last week to the expansion of famous pharmacy chain 19011, declaring its bankruptcy after controversially dominating the pharmaceutical market in Egypt briefly before crashing.
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Egypt
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Foreign Affairs
6/6/2022 11:18:56 PM
Prime Minister Mostafa Madbouly told Zimbabwean Vice President and Health Minister Constantino Chiwenga on Monday that Egypt is interested in contributing to the development efforts in Zimbabwe through Egyptian companies working that operate in infrastructure.
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Business
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Economy
6/4/2022 7:42:02 PM
Egypt will offer $40 billion worth of state assets to Egyptian and foreign investors in the form of profit sharing, production and management partnerships, and having a share in the companies’ capital, according to Minister of Public Business Sector Hisham Tawfik.
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Business
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Economy
6/1/2022 3:14:53 PM
The Egyptian Mineral Resources Authority (EMRA) has announced the result of the second round of an international tender to search for gold and minerals in the Eastern Desert in 2020, with eight areas assigned for British, Canadian and Egyptian excavation companies.
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World
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Region
5/29/2022 12:08:41 PM
Libya faces a serious security threat from foreign fighters and private military companies, especially Russia's Wagner Group which has violated international law, U.N. experts said in a report obtained by The Associated Press.
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