Egypt opens world’s widest suspension bridgeEgypt has announced the opening of the world’s widest suspension bridge, across the Nile, in what is one of a series of military-led, mega-projects designed to improve infrastructure and provide jobs, said a report. The brid More… |
Egypt growth rate highest since 2008: IMF officialEgypt’s reforms have started to reap results, especially with regard to its macroeconomic stabilization, with growth at the highest rate since 2008, said a top IMF official. “Inflation has rapidly declined, forei More… |
DP World, Suez Canal Zone set up JV for new projectsDubai-based DP World, a leading enabler of global trade, has announced the establishment of a joint development company with the General Authority for the Suez Canal Economic Zone in Egypt. The new venture will develop projects in More… |
DP World, Suez Canal Zone set up JV for new projectsDubai-based DP World, a leading enabler of global trade, has announced the establishment of a joint development company with the General Authority for the Suez Canal Economic Zone in Egypt. The new venture will develop projects in More… |
Egypt emergency after deadly church attacksEgypt's President Abdul Fattah Al-Sisi has declared a three-month state of emergency after attacks on two Coptic churches that left at least 44 dead, a report said. The declaration allows authorities to make arrests without wa More… |
Sisi vows tough reforms to improve economyEgyptian President Abdel Fattah Al-Sisi said on Saturday he was committed to pushing through the reforms necessary to turn the economy around and cut public debt, days after Egypt negotiated a $12 billion loan programme with the International Mo More… |
Sisi warns of harsh and tough measures to fix economyEgyptian President Abdel Fattah al-Sisi warned citizens on Monday that tough measures would be needed to turn the country's ailing economy around as the government negotiates a $12 billion loan programme with the International Monetary Fund. More… |
Egypt building new homes to replace crumbling slumsThe Egyptian government has started building new flats for slum dwellers under an ambitious housing plan which is expected to cost about E£14 billion ($1.58 billion). A few of them like Bayada Mohamed have already moved into More… |
Egyptian group starts work on key residential projectEgypt's leading construction company Mokhtar Ibrahim is developing a new residential city on a 2.1 million sq m area in the coastal Al Alamein region of Egypt at an investment of E£400 million ($45 million), said a report. More… |
Egypt sends submarine to hunt for crashed jetEgypt deployed a submarine on Sunday to hunt for the EgyptAir plane that crashed in deep Mediterranean waters, President Abdel-Fattah al-Sisi said, warning investigations into the disaster would take time. In his first public rema More… |