The Suez Canal Authority (SCA) is in the process of acquiring South Red Sea Shipyard company, which specialises in building super yachts, sources close to the deal told Daily News Egypt.
The sources added that the SCA has already completed the (...)
Sharm El-Sheikh –Hala El-Said, Minister of Planning and Economic Development, said that the cost of damage caused by climate change annually in Africa will rise to $415bn annually by 2030.
She pointed out that the losses currently amount to about (...)
Egypt is expected to announce a new loan agreement with the International Monetary Fund (IMF) on Thursday, sources close to the matter told Daily News Egypt.
The sources did not disclose the exact loan amount, but it is expected to fall between (...)
Egypt is preparing to receive new Qatari investments in the next few days.
Daily News Egypt has learned that Sheikh Tamim bin Hamad will visit Egypt in the upcoming weeks, when several agreements for Qatari investments worth $20bn will be (...)