The announcement defied analyst expectations, as in July the Egyptian authorities decided to go ahead with slashing fuel subsidies, lifting petrol and diesel prices by about 17-30%.
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Match Group announced that it acquired Cairo-based Harmonica, a matchmaking application.
Project will be self-financed by EGP 3.4bn from the company’s liquidity and sales of residential units
The hotel is a collaboration with Palm Hills Developments and G’nK Hospitality to comply with the national strategy to promote and facilitate international tourism, according to the issued press statement.
GB Auto revenues fell 6.3% y-o-y to EGP 5.65bn in 2Q19, with EGP 8.9m net losses
Mamish revealed in a press conference on Tuesday evening that $25bn was invested in the Suez Canal Economic Zone (SCZone), across 192 projects that have been carried out.
UNICEF condemns Murzuq’s airstrikes that took place a few days ago
UN, EU, China, Turkey call for reducing tensions
Round is expected to begin in October and continue until June 2020
French frigate Jean Bart, Egyptian frigate Damietta partake in joint exercises
EXT. Night and The Guest to participate in the feature film competition and The Knight and The Princess will see its international premiere