Egypt's revenue from the Suez Canal rose to $462.1 million in August, from $437.7 million in July, the Suez Canal Authority's website stated on Tuesday.
Revenues in June were $431.6 million, it said.
Egypt is to buy 55 cargoes of liquefied natural gas (LNG), equal to about a tenth of its annual gas demand, via a tender awarded to seven companies.
The cargoes, 10 more than Egypt originally tendered for, contain around 4.68 bill
The improved economic and political environment in Egypt has resulted in an increasing confidence and positive performance in the real estate market in capital Cairo, said a report.
All sectors of the Cairo real estate market witn
Egypt expects to receive $1.5 billion in loans from the World Bank and African Development Bank (AfDB) by the end of 2015, Prime Minister Sherif Ismail said, as part of efforts to boost foreign currency reserves and bolster the economy.
Egypt government is set to allocate €13 million ($14.5 million) from a grant by the German Society for International Co-operation (GIZ) for development projects for its citizens living in slum areas, said a report.
Egypt had signed a deal with UAE-based Arabtec, for a high-profile $35-billion housing project, in March this year. But now the development work has ground to a halt thus bringing Egyptians' big dreams to harsh reality, said experts.
Egypt has awarded four new licences to explore for oil and gas off its Mediterranean coast, weeks after Eni's giant Zohr gas find piqued fresh international interest in the area.
Egypt's state gas company EGAS said in a st
InterContinental Cairo has been awarded a Certificate of Appreciation on the occasion of World Tourism Day 2015 by Egypt's Ministry of Tourism.
The award celebrated the effort of InterContinental Cairo Citystars in prom