Juhayna renews partnership with Baheya Foundation for 2 years
Baheya has been treating over 4,898 patients from breast cancer since 2015
Daily News Egypt
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thyssenkrupp wins major order for fertiliser complex in Egypt
thyssenkrupp’s plant engineering business won a major order for the engineering, procurement, and construction (EPC) of a new fertiliser complex, from the Egyptian chemical and fertiliser manufacturer, El Nasr Company for Intermediate Chemicals (NCIC). thyssenkrupp is realising the project in a consortium with the Egyptian company PETROJET. The order value for thyssenkrupp is in the …
Benban Solar Park wins WBG’s best project award
Award reaffirms strong relationship between Egypt and WBG, supporting country’s reform programme, says Nasr
Cabinet approves bill to combat drug addiction among state employees
Bill to be applied to public sector companies, care homes, foster care, schools, kindergartens, private hospitals
Fitch upgrades Egypt to B+ from B, maintains stable outlook
Agency forecasts average inflation of 12%, 10% in 2019, 2020 respectively, GDP growth at 5.5% in FY 19, FY 20
NBE extends working hours at 64 branches for tax e-payment services
The National Bank of Egypt (NBE) decided to extend its working hours at 64 branches until 6:00 pm to provide electronic tax payment services in the periods between 24-31 March and between 22-30 April. The NBE will limit its services after normal working hours to tax payment services in order to achieve a successful tax …
Israel kills Abu Leila who stabbed to death Israeli soldier
Two more Palestinians were killed near Nablus in separate Israeli operation
Tourism Ministry, Diversey to hold conference on hospitality future in Egypt
Egypt’s Ministry of Tourism, the Egypt Hotels Association, and Diversey Inc – a provider of cleaning and hygiene products – are organising a conference entitled ‘Egypt, the Future of Hospitality’ in Sharm El-Sheikh and Hurghada. The conference, which is to be attended by the Minister of Tourism, Rania Al-Mashat, aims to raise awareness of the …
Court sends 40 people to 3-16 years in jail for human trafficking
Several defendants fined between EGP 2,000-500,000
Press Syndicate to give its opinion on SMC’s sanctions list soon: Rashwan
SMC published sanctions list to face media violations, irregularities
Mohammed Ali Palace celebrates Mother’s Day with royal jewellery exhibition
The Ministry of Antiquities celebrated Mother’s Day on Thursday through a temporary exhibition showcasing the belongings of the women of Muhammad Ali dynasty. At the Mohammed Ali Palace in Manial, and for a month, rare relics are to be showcased. Overlooking the Nile, the palace is one of Cairo’s breathtaking royal castles. With mesmerising sceneries, …
Consortium, FIA to organise annual summit of capital markets 2019 on 9 April
Titled Funding instruments… Opportunities to accelerate growth and stimulate capital markets, conference to tackle future fixed-income instruments, Sukuk, long-term government bonds, green bond
Egypt’s Parliament began national dialogue over constitutional amendments
Constitutional law professors, media figures, university members, politicians will attend sessions
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Electricity Ministry to disconnect service for delay in paying bills
The Minister of Electricity and Renewable Energy, Mohamed Shaker, issued strict instructions to the heads of electricity distribution companies to collect all delayed bills on homes, shops, and government agencies. Electricity Ministry sources told Daily News Egypt that the Egyptian Electricity Holding Company decided to disconnect the service from those who refuse to pay their …
Adapting organic, ecological farming systems: Cuba revolutionises its agriculture sector
Country replaces tractors with bulls to plough land due to fuel shortage
EGX to move sideways in mid-term as it awaits fresh catalysts
Benchmark EGX30 index may retest 15,320 points if it breaks resistance at 15,000
Fifth Coaltrans Cairo discusses expansion in using coal in industrialisation
The fifth edition of Coaltrans Conference held in Cairo between 18-19 March discussed the possibilities of using coal as an alternative source of energy. The conference discussed the Egyptian government’s desire to shift to using coal in energy generation, along with other numerous industries. Coal has become a necessary adoption thanks to its low production …
Omani sovereign wealth fund explores investment opportunities in Egypt
A mission from Oman’s State General Reserve Fund (SGRF) will visit Egypt soon to explore investment opportunities, according to a Tuesday’s statement by the Ministry of Investment and International Cooperation. The Minister of Investment, Sahar Nasr, visited the Omani capital Muscat as part of an Egyptian delegation to the Egyptian-Omani joint committee, which kicked off …
EFG Hermes reports EGP 1bn profits, EGP 4.3bn revenues in FY 2018
Firm’s board of directors proposed cash dividend of EGP 0.65/share, equivalent to 50% of attributable profits
Boeing to release new software update, training to face concerns found in 737 MAX accident
Company is supporting Ethiopian plane crash investigations, providing technical expertise, says Boeing’s Chairperson
Inaugurating 30 June Axis within one month: Minister of Housing
The Minister of Housing and Urban Communities, Assem El-Gazzar, announced that the 30 June Axis, which is one of the state’s road network projects, will be inaugurated within a month, explaining that it will connect the governorates of Port Said, Ismailia, and Suez. He added that the axis will be completed to enable reaching the …
Tawfik announces initial partnership deal between Nissan, El Nasr Automotive to produce 100,000 cars annually
Ministry owns 250 untapped land plots with area of 19m meters, to be sold to reinvest, pay debts, support public treasury
Ministry of Supply to start third stage of ration-card system’s reforms in April
During third stage, ministry will look into appeals of ration cardholders who got excluded during second phase
Al Wazir discusses transport projects with NAT, including Mansoura Metro
Project will be entirely funded from state budget
Parliament’s telecommunication committee preliminary approves personal data protection bill
Bill consists of 49 articles to ensure provision of legal, technical protection for personal data
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Shoukry in Muscat for Egyptian-Omani committee
Number of agreements, MoUs expected to be signed during meetings
EETC, EGEMAC sign EGP 1.7bn worth contracts to develop transmission networks
The Egyptian Electricity Transmission Company (EETC) has signed four contracts, valued at EGP 1.7bn, with the Egyptian German Electrical Manufacturing Company (EGEMAC) to support and develop electricity transmission networks across the country. Sabah Meshaly, the chairperson of EETC, said that the first contract stipulates establishing a new electricity transformer in New Zagazig City using gas-insulated …
Tyson starts shooting Egyptian film, co-starring Amr Saad
Heavyweight boxer was accompanied by film crew on his tour to Giza Plateau
Eighth D-CAF Festival to colour greyness of Cairo’s streets
Cultural festival will present first fully Egyptian street dance performance
Egyptian Museum celebrates women’s month by displaying two rare statues
Statues depict Shepenwepet II, daughter of King Piye, who was called ‘God’s wife of Amun’