Business & Finance

WB chief affirms keenness on promoting partnership with Egypt

President of the World Bank (WB) Group Ajay Banga affirmed keenness on promoting partnership with Egypt during the upcoming period, in line with priorities of the newly-appointed government toward boosting development in all sectors.

The president of…

Great efforts before, during period of maximum water need

Irrigation Minister Hani Swailem asserted that the Irrigation Ministry is exerting great efforts before and during the period of maximum water need to guarantee the delivery of water to all its beneficiaries.

The ministry is keen on providing water l…

Sherif Farouk: Price of subsidized bread ‘unchanged’

Minister of Supply and Internal Trade Sherif Farouk announced that the price of subsidized bread, which is sold at 20 piasters per loaf on ration cards, will not change despite the recent increase in diesel prices.

The General Authority for Supply Co…

GUPCO to invest $226 mln in drilling 5 petroleum wells in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has visited the production facilitation platform of the North Safa marine field in the Gulf of Suez’s Northeast Ramadan concession area, which belongs to GUPCO and the Emirati company Dragon.

B…

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