
Egypt qualified as economic capital of MENA: ex-petroleum minister Osama Kamal
Exploiting our wealth of mineral resources can record $10bn within five years, says Kamal
24 Articles
Exploiting our wealth of mineral resources can record $10bn within five years, says Kamal
We deal with 250 merchants, have 30,000 clients, 1,500 distribution points, says Walid Hassouna
According to Trading Economics-a leading tracker of 196 countries for more than 20m economic indicators, exchange rates, stock market indexes, government bond yields and commodity prices-consumer credit in Egypt increased to EGP 317,376m in January 2019, from EGP 312,427m in December 2018. Consumer credit in Egypt averaged EGP 12,300,9.84m from 2004 until 2019, reaching an …
New consumer finance law is a must to control sector embracing about 20 companies, says Khattab
Financial Markets Adviser and former Chairperson of the FRA, Sherif Samy, said that every country in the world is keen to protect its consumers and to control markets through drafted laws, including activities of services and trade sectors. But for consumer financing activities, countries are different in dealing with them, as Samy clarified to Daily …
Activities worth EGP 70bn to experience first legislative framework ever
Through offering, Eastern Company left public enterprise sector, became more affiliated to private sector
Implementation of IPO’s first phase is positive message indicating that state is serious, says Ehab Saeed
Opted companies to be offered are good selections as they include big indexed names
Ten companies will see their shares floated for first time
EGX experienced notable improvement in its performance, which enhanced investors’ confidence
Market anticipating offering of petroleum companies, banks’ stakes, marking turning point for Egypt’s economy
IPOs programme is ‘raft’ for companies, simultaneously offering new financial resources for government
President Al-Sisi’s second term experiencing more facilities, incentives for investors
“Egypt needs to focus on export this phase, bureaucracy significant challenge foreign investor faces here”
I am optimistic about future of Egypt’s economy; government, businesspersons alike must do more
To meet the demands of the IMF to grant Egypt the $12bn loan, curb the budget deficit, and to deal with the increasing inflation rate, fuel subsidies underwent non-recurrent stages to be phased out, toward being fully suspended in 2019 according to a subsequent 2018 statement for the Minister of Petroleum and Mineral Resources, Tarek …
Local community activities in governorates contribute 30% to national income
President Al-Sisi cited decree to consider NUCA’s budget surplus as new source of funding our projects
Optimistic for the future of Egypt’s economic growth and the performance of the sector, Head of Ready-Made Garments export council, Mohamed Al Sayad, said that the RMGEC’s exports can hit $1.6bn by the beginning of 2019, benefiting from all incentives that government is offering to boost exports’ performance, as well as undertaking economic reforms. In …
Ambassador Gamal Bayoumi, secretary-general of the Arab Investors Union (AIU), said that injecting more direct Egyptian investments in the African market will significantly help in boosting Egypt’s presence in the continent. He added in an interview with Daily News Egypt that Egypt must take real action on the ground, not only organising events, to succeed …
Accrediting Egyptian trademark is a must, says Abo Elmakarem
Situation impeded state efforts of doubling export rates as it is important source of national income
Decision triggered controversy among all concerned bodies
Our medication exports reached $678m in 2005, representing six times current volume, says George