99 Articles
I have agreed with minister of planning to put some of ministry’s assets in Egypt’s sovereign wealth fund, through two sub-funds dedicated for hotel management, real estate development
40% of investors relied on interbank last year
Interest of delay in tax payment is calculated as follows: the CBE’s discount rate + 2%
Many people see the gap between women and men in Middle East as a challenge, but I see it as an opportunity, says Vice Chairman of Mastercard
“The wide gender gap in the Middle East and Africa must be closed, not just financially, but also through education,” said Cairns
Chinese market is promising, open to Egyptian products, but prescription is not easy
Exchange of presidential visits between Egypt, China is great proof of strength of their bilateral relations
Arbitration expenses in Cairo are lowest, amounting to $3m
Egypt looks forward to enhancing trade, investment ties with China, says Nassar
They aim to finalise contracts between Egyptian companies, Chinese importers shortly, says El Shorbagi
Exhibit represents great opportunity to increase Egyptian exports to Chinese market: Nassar
Government understands bureaucracy increases when it comes to peripheral staff
Contrary to previous visits, where we invariably posed problems, pledged to resolve them, this time we revealed solutions of challenges facing investors, says Mehanna
“Main challenge for investment is bureaucracy, we recognize this, are working to solve this problem,” says Prime Minister
13,500 new companies established in Egypt during last 8 months, says Nasr
Egypt aims to attract more foreign investments within Egypt Vision 2030, amid the continuation of its subsidy reform programme, the minister of petroleum Tarek El-Molla said. It came during his speech at the American Chamber of Commerce (AmCham) conference on Wednesday, in the presence of the minister of communications Amr Talaat, president of AmCham Egypt …
The US Trade and Development Agency (USTDA) and Enjaz Project Management (EPM) signed a memorandum of understanding (MoU) to establish a project for producing petroleum derivatives used in various industries on 2.5m sqm in the Suez Canal Economic Zone, at a cost of $7bn. On the sidelines of the American Chamber of Commerce conference on …
Egyptian telecommunications sector’s exports amount to $2.2bn
Government is currently working on solving two biggest problems hindering economic growth, bureaucracy, absence of fintech
Government working to overcome all bureaucratic obstacles to exploit opportunities, says minister
Visit of US businessmen to Cairo reflects interest of US business community to invest in Egyptian market
We look forward towards signing partnership deals with foreign partners, US companies, in tourism, electronics sectors
We target 8% growth in FY 2020/21, reduce petroleum subsidies to 2% by end of current FY: Moeit
Free Trade Agreement on mission’s negotiating table: Mehanna
US health companies solve their market problems, intend to expand investments in coming period
Members to meet with President Al-Sisi, economic ministerial group
First reform steps was removal of energy subsidies, significant move in right direction, says Abdel-Khader
Citi bank aims to assist Egyptian government with IPO programme
Private sector should support public sector, government, to generate more revenue
Dubai- Egypt is on the right track, according to David Cowan, Africa economist at Citigroup. “After around five years of an economic slowdown in Egypt, the economic indicators started to rise up”, he told Daily News Egypt in an interview on the side-lines of the summit. He explained that not only Egypt is on the real …
