The growth of external demand on frozen vegetables and fruits stimulated manufacturers in Egypt to expand their operating investments starting this year. This would be through adding new production lines to their factories or setting up entirely new (...)
Automotive feeding industries officials urged the need to announce the automotive manufacturing strategy, in order to discover the incentives to be granted by the state to companies so that they can invest further, as the first step of manufacturing (...)
Egypt has appointed Khaled Fawzy as acting head of its General Intelligence Service (GIS) to succeed Mohamed Farid El-Tohamy, who has retired from his position for health reasons, sources said.
Fawzy was the head of the country's National Security (...)
Fitch Ratings upgraded Egypt's credit rating one rank to "B" with a "stable" outlook, according to a Fitch statement on Friday.
The ratings group expects that the imports cover remains low over three months, adding that the support of Arab Gulf (...)
Egypt received 10 Apache helicopters from the US in the past week, security sources said on Saturday, in a sign of easing tensions between the longtime allies confronting Islamist extremism across north Africa and the Middle East.
The US announced (...)
Boxing legend Muhammad Ali has been hospitalized with pneumonia and is expected to recover because the illness was caught early, a spokesman said on Saturday.
Ali, 72, was admitted to a hospital in an undisclosed location Saturday morning and is (...)
A gunman who vowed online to shoot two "pigs" in retaliation for the police chokehold death of Eric Garner ambushed two New York City officers in a patrol car and fatally shot them in broad daylight Saturday before running to a subway station and (...)