Egypt's stock market (EGX) closed all red on Sunday. The main index, EGX30 dropped by 4.93 per cent, to 24,639.63 points.
The small to mid-size enterprises' index, EGX70 fell by 4.72 per cent, to 5,714.19 points.
The index, EGX100 index declined by (...)
Bassel Rahmi, the Chief Executive Officer of the Micro, Small, and Medium Enterprises Development Authority (MSMEDA), reiterated the sustained collaboration with Aswan to fulfil the government's vision of nurturing the small enterprise sector. He (...)
The Egyptian Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has successfully financed over 76,000 projects since 2014 in Aswan, with a total of 1,610.7 million Egyptian pounds.
This initiative has created over 102,000 job (...)
Egypt has solidified its position as the leading producer of solar and wind energy in the Arab world, according to a recent report by the Global Energy Monitor. The report places Egypt at the top of the index with a production capacity of 3.5 (...)
As Eid Al-Fitr's festive spirit envelops Egypt, countless Egyptians look forward to a well-earned holiday, eager to discover the myriad charms within their nation's borders. Egypt's tapestry of historical wonders, stunning natural vistas, and lively (...)
Egypt's stock market (EGX) closed in the green on Thursday. The main index, EGX30 climbed by 0.30 per cent, to 28,964.41 points.
The small to mid-size enterprises' index, EGX70 surged by 0.24 per cent, to 7,306.89 points.
The index, EGX100 index (...)
Egypt's stock market (EGX) closed mixed on Tuesday. The main index, EGX30 declined by 0.41 per cent, to 29,330.66 points.
The small to mid-size enterprises' index, EGX70 soared by 2.22 per cent, to 7,656.64 points.
The index, EGX100 index climbed by (...)
Egypt's stock market (EGX) closed in the green area on Monday. The main index, EGX30 jumped by 1.12 per cent, to 29,452.4 points.
The small to mid-size enterprises' index, EGX70 soared by 1.64 per cent, to 7,490.41 points.
The index, EGX100 index (...)
Egypt's stock market closed on a green note for the second straight day on Monday. The main index EGX30 rose by 1.06 per cent to 26,250.73 points, while the small to mid-sized enterprises' index, EGX70, climbed by 1.32 per cent to 6,220.97 points, (...)
Egypt's stock market closed in the green area on Thursday. The main index EGX30 rose by 0.21 per cent to 25519.25.
The small to mid-sized enterprises' index, EGX70, climbed by 1.11 per cent to 5955.56.
EGX100 rose by 0.89 per cent to 8479.36.
The (...)
Egypt's stock market closed mixed for the second consecutive day on Thursday. The main index EGX30 dropped by 0.23 per cent to 25350.28.
The small to mid-size enterprises' index EGX70 climbed 0.25 per cent to 5678.02.
The index EGX100 rose by 0.1 (...)
Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million financial close for the construction of the 200MW Kom Ombo solar project in Egypt.
The financing institutions for this project include (...)
The Minister of Agriculture, the Governor of Aswan, and the Head of the Upper Egypt Development Authority inspected the first station for producing sugar cane seedlings in the Middle East and Africa (MEA).
Costing EGP 300m, the station is part of (...)
As Egypt is now directed to being a cashless society, among the plans is to make the museums accept cashless payments for tickets. Daily News Egypt reveals which museums and archaeological sites now apply a cashless ticketing system, including the (...)
Egypt is an ideal destination for family holidays because of its all-inclusive hotels and resorts that cater to families with children. These resorts offer entertainment programs and excursions for all age groups. Museums and cultural sites also (...)
Former Spanish racecar driver, Dani Clos is visiting Egypt with his family until Monday, after being invited by the Egyptian Tourism Authority to promote the country's tourist destinations.
Clos and his family visited the Valley of the Kings, Memnon (...)
Aswan's governor Ashraf Attia confirmed on the 25th of April that Egypt will build a new solar energy station with a capacity of 500 megawatt (MW) in Kom Ombo, Aswan.
The station will be located on an area of 10,000 m2, and will be implemented over (...)
ACWA Power, the Saudi company specializing in power generation, water desalinationو and green hydrogen plants, announced the signing of a $123m financing package to develop the 200MW Kom Ombo solar photovoltaic plant project in Egypt, according to a (...)
Ahmed Issa, Minister of Tourism and Antiquities, received Leslie Reed, Director of the United States Agency for International Development (USAID) Mission in Egypt and her accompanying delegation, to discuss ways of cooperation in the fields of (...)
Minister of Tourism and Antiquities Khaled El-Anany held a meeting with the US Agency for International Development's (USAID) Deputy Assistant Administrator Andrew Plitt on Monday to discuss cooperation in the field of programmes to support (...)
German company Siemens is working on a roadmap for emerging energy technologies, electric vehicles, and energy storage in Egypt.
Informed sources told Daily News Egypt that the project is funded by the French company EDF, and it is scheduled to (...)
"Tutankhamun Opera" will be a great surprise to world audiences," says renowned Egyptologist and former minister of antiquities Zahi Hawass, "It is an attempt on my part to tell the story [of the boy King Tut] in an appealing way."
Hawass told Daily (...)
President Abdel Fattah Al-Sisi followed up on the national agricultural production project titled 'Future of Egypt.'
Presidential Spokesperson Bassam Rady said that the president was briefed in a ministerial meeting on Sunday on the current and (...)
The joint Egyptian-Austrian archaeological mission working at Kom Ombo Temple in Aswan has discovered an ancient administrative centre dating back to the first transitional period.
Mostafa Waziri, the Secretary-General of the Supreme Council of (...)
Boosting the green and inclusive economy in Egypt, the European Bank for Reconstruction and Development (EBRD) last year invested more than €1bn in 20 projects in Egypt, 44% of which were in the country's green economy, while 70% had a gender and (...)