Arab Contractors Co. to develop Sharm el-Sheikh Airport building
The Arab Contractors Company announced that the Cabinet has assigned it to develop passengers building number 2 at Sharm el-Sheikh ...
Country: Egypt
Construction market in North Africa booming led by Egypt
The construction market in North Africa has been growing steadily, following a period of heightened socio-economic instability in 2011. New ...
Egypt’s budget 2017/2018 exceeds $56 billion
Egypt’s Finance Ministry completed the drafting of the state budget for the next fiscal year 2018/2017, amid extreme secrecy about ...
EBRD allocates 1.5 billion euros for SME projects in Egypt
Reinhold Brender, the deputy head of the European Union’s delegation to Egypt, said that the European Bank for Reconstruction and ...
$114 million invested in Greater Cairo Reconstruction Authority projects
Investments of the Greater Cairo Reconstruction Authority have reached EGP 2bn ($114 million) this fiscal year, distributed throughout road projects ...
Egyptian remittances increase by 19.7% to $5 billion after floatation
Remittances from Egyptian citizens working abroad rose by 23% in January to US$1.6 billion, compared to US$1.3 billion in January ...
Efforts to reinvigorate Egypt’s tourism industry gain traction
Egypt’s tourism sector has had a difficult few years, but a mix of initiatives from the government, including a new ...
Improvement in business confidence after floating the pound in Egypt
Economic activity for Egypt’s non-oil private sector accelerated the most since 2014, a sign that growth may be recovering after ...
Germany pledges $500 million to support Egyptian economy
Germany has offered Egypt $500m to support its economic program and its small and medium-sized businesses, said the Egyptian Ministry ...
Economic delegation discusses increasing German investments in Cairo
Minister of Investment and International Cooperation Sahar Nasr said that the government reached an agreement with the German chancellor’s G8 ...
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