Global Saudi investor and businessman Al Waleed bin Talal plans to invest in the Investment Ministry’s $50 million development fund, Egypt Ventures, which the Ministry of Investment and International Cooperation is set to launch soon, unnamed government officials told Al … read more
Egypt’s transportation minister Hesham Arafat accepted on Sunday the resignation of the head of the railway department Medhat Shousha, two days after a train collision in Alexandria killed 41 people and injured 179, Al-Ahram Arabic news website reported. On Friday, … read more
Egypt’s prosecution ordered the detention of an Italian tourist pending investigations for beating an Egyptian hotel manager to death in the Red Sea resort of Marsa Alam late Friday, a statement by the tourism ministry read. The assault took place … read more
Egypt’s President Abdel-Fattah El-Sisi is set to start a four-day African tour Monday, a statement by the presidency read Saturday. Presidency spokesman Alaa Youssef said El-Sisi will visit Tanzania, Rwanda, Gabon and Chad. El-Sisi will hold bilateral talks with leaders … read more
According to official statistics, the total number of railway accidents from 2006 until 2016 was 12,236. The highest accident rates were in 2009 and reached 1,577 accidents, while the lowest were in 2012 with 447 accidents, due to the traffic … read more
Egypt’s Transport Minister Hisham Arafat said on Saturday that a deadly train collision in Alexandria on Friday was caused by the Egyptian railway’s manual-operation system and poorly developed infrastructure. Arafat made the remarks in a meeting with Egyptian President Abdel … read more
CAIRO (Reuters) – Two trains collided in Egypt’s coastal city of Alexandria on Friday killing 36 people and injuring more than 100 others, a health ministry spokesman said. The crash at 2:15 p.m. (1215 GMT) near the suburban Khorshid station … read more
Egypt’s skies witnessed the astronomical phenomenon of the Perseid Meteor Shower last night. Ashraf Tadros, head of the astronomy department at the National Research Institute of Astronomy and Geophysics (NRIAG), said that the meteor shower began at midnight and will continue until … read more
Egyptian foreign minister Sameh Shoukry told US special envoys on the Qatar dispute Anthony Zinni and Tim Timothy Lenderking in a meeting in Cairo on Thursday evening that Doha must end its support to terrorist organisations as a condition to … read more
Hilton Worldwide (HLT.N) plans to nearly double the number of its hotels in Egypt within seven to 10 years as tourism returns to levels seen before the 2011 uprising, the company’s deputy head for Egypt and North Africa said. Tourism … read more