Wednesday 4 May 2016
 
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Egypt

Bahrain, Egypt in talks to boost bilateral ties

Bahrain’s His Majesty King Hamad and Egyptian President Abdul Fattah Al Sisi yesterday held key talks and vowed to boost co-operation in political, economic, military, defence, education and tourism fields, reported the Gulf Daily News

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Egypt tourism revenue down 66pc in Q1

Egypt netted just $500 million in tourism revenue in the first quarter of 2016, down from $1.5 billion a year earlier, a tourism ministry adviser told Reuters, highlighting the country's struggle to kickstart a key dollar-earning industry.

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Orascom Construction posts $334m net loss in 2015

Egypt's Orascom Construction said it has registered a net loss of $334.4 million for the financial year 2015 mainly due to a major setback in its US business and expects to return to profitability in this quarter.   A lead

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Swiss-Belhotel signs first hotel in Egypt

Swiss-Belhotel International has signed an agreement to manage a property in Alexandria, Egypt, the hotel group announced at the Arabian Travel Market, which opened in Dubai today (April 25). The hotel is a part of a mixed-use com

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GE carries out $148m works for Egypt electricity ministry

General Electric (GE) has carried out $148 million worth of overhauls and maintenance work on production plants of the Ministry of Electricity over the past six months, a report said. The operations included many production plants

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Qalaa unit sells two Egypt-based firms

Qalaa Holdings, an African leader in energy and infrastructure, has announced that its business unit Gozour has signed a sale and purchase agreement (SPA) to divest its entire holding in milk and juice producer Enjoy and El-Aguizy International

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Themar to deliver Egyptian mixed-use project in mid-2017

Egypt-based Themar said work on its mixed-use development Blue Pearl Town House, coming up in the country's northern coast, is progressing well and due for completion by mid-2017, said a report. Blue Pearl is the brand for tou

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Masdar delivers key Egypt clean energy projects

Masdar, Abu Dhabi’s renewable energy company, has completed the delivery of 30 megawatts (MW) of utility-scale clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt. Together, the four

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Masdar delivers key Egypt clean energy projects

Masdar, Abu Dhabi’s renewable energy company, has completed the delivery of 30 megawatts (MW) of utility-scale clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt. Together, the four

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German firms eye Egypt green energy space

A German delegation of 150 officials from 85 companies with 35 from the energy sector is currently visiting Egypt, a report said. “We are very keen on finding partners in Egypt for photovoltaics, wind energy as well producin

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