Total investment to grow10.5% in FY 2019, 9.9% in FY 2020
Latest by Mohamed Samir
The announcement came during the Cairo ICT exhibition, where the company revealed that the commercial deployment of the new high-speed service started in June, and is the first 200G long distance and single carrier transmission service in Africa.
Report uses results of large-scale Executive Opinion Survey carried out by forum to detect how concerns about global risks differ across regions, countries
Balanced, inclusive, accountable data policies, fundamental in addressing growing trust concerns seen throughout today’s world, says WEF
Agreement still awaiting approval of Egyptian authorities
Leaders do not need to have all answers or to be heroes
Turnout by major international companies in ministry’s oil and gas exploration bids represents clear message of confidence of foreign companies in Egypt’s investment climate
Ratings remain constrained by wide fiscal deficits, high public debt, low income levels, gross external financing needs
Firm aims to invest in 10 companies in first year of operation
Group’s brokerage arm continues to conduct normal business operations
Company works on desalination, bringing sea water capacity to 2.5bn cubic metres a day
President, German foreign minister stressed importance of pushing forward Palestinian-Israeli peace process
Average citizen to feel impact of growth through health care, sanitation, education
Capitalising on partnerships to brand Egypt, Narrative Summit as core initiative
Ex-minister to face charges for squandering public money by using cars held in customs, abusing his position to personally benefit from finance ministry funds
Expertly developed menu, high-end ambience surprisingly relaxing, selection of hot and cold starters, prime cut steaks, signature dishes, sushi, drinks come in separate menu
Price hikes further pressures on Egypt’s budget, each $1 increase in price would cost the country EGP 4bn
Company targets new sectors including factoring, SMEs, financial services
Egypt looking to sell around $5bn worth in Eurobonds September, possibly in Q1 of 2019, says Moeit
IPO of stake in ENPPI announced, postponed many times; initially scheduled to take place before end of 2017
The CBE sold EGP 750m pounds worth of three-year bonds, as well as EGP 153m worth of seven-year bonds, well under the EGP 500m it was targeting.
ABUK ’s general assembly approved on Saturday, the distribution of EGP 1.1 cash coupon per shareholder.
Country aspires to become regional gas hub for LNG trading in eastern Mediterranean Sea
The three companies signed a deal to buy a 39% shares in pipeline owner Eastern Mediterranean Gas Co., according to a statement released by Delek Drilling on Thursday
No new taxes to be imposed over next four years, IMF mission to visit Egypt in October, says finance minister
Essential to start taking measures to protect national industry in country, says Shafei
Perhaps proposal is sort of employee dismissal strategy, says Kamel
The first thing that you notice about the place is the minimalist design, unlike most of the authentic Chinese, and Asian restaurant that you usually see in Cairo, but what really makes Samrqan Noodles standout is the fact that it offers something that most Cairo’s Chinese places lack; variety
Economy is able to deal with consequences of EM crisis negative effect, says Moeit
While in the Egyptian capital case, Cairo maintained a 9% forecasted RevPAR growth in the same period, the report states.