Egypt now has the opportunity to free itself from the energy problems and lay the foundation for a more secure energy future, a leading investor has said.
Ahmed Heikal, chairman and founder of Qalaa Holdings (formerly Citadel Capital),
Egypt's state gas board has awarded a $2.2 billion tender to import 75 cargoes of liquefied natural gas (LNG) to four international firms, its chairman said, as the country seeks new energy sources.
At least 17 people were killed on Sunday in Egypt's bloodiest protests since Abdel Fattah Al-Sisi was elected president, as security forces fired at protesters marking the anniversary of the 2011 uprising that toppled Hosni Mubarak.
The Egyptian Ministry of Defence has approved the implementation of a tourism project to be developed by Qatar-based real estate company Qatari Diar (QD), a report said.
The project was earlier proposed by the country’s Tourism De
Volvo Car Group, a Swedish premium automobile manufacturer, has announced the launch of its all-new 2015 Volvo range in Egypt.
Ezz Elarab Automotive Group, the sole agent for Volvo Car Group in Egypt, said it was excited about the
Egypt can expect economic growth "easily north of 4 per cent" in fiscal year 2014-15, which ends in June, boosted by rising confidence and a windfall from lower oil prices, its finance minister said.
Hany Dimian also tol
Revenues from the Suez Canal rose to $445.5 million in December from $442.8 million in November, Egypt's state information website said on Thursday.
The fastest shipping route between Europe and Asia is one of Egypt's main
The Red Sea Port Authority has signed a deal with the Abu Dhabi Ports to boost maritime transportation co-operation between Egypt and the UAE, according to a report.
The deal aims at developing the countries’ maritime transp
Kuwait-based Jazeera Airways has shown a 7 per cent increase in passenger numbers in November 2014, compared to the same period in 2013, and an on-time performance of 95 per cent.
The increase in passengers in 2014 were seen on routes s
Egypt does not expect Gulf Arab countries to reduce their investment in the country despite the fall in oil prices, as Cairo is of particular strategic importance for the region, Investment Minister Ashraf Salman