Development of spinning, weaving sector requires $2bn: public enterprise sector minister
We look forward towards signing partnership deals with foreign partners, US companies, in tourism, electronics sectors
Nevine Kamel
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Latest by Nevine Kamel
Upon President’s invitation: AmCham preparing visit to Egypt soon to explore Egyptian projects
We target 8% growth in FY 2020/21, reduce petroleum subsidies to 2% by end of current FY: Moeit
Al Sisi calls on US companies to visit Egyptian projects
Free Trade Agreement on mission’s negotiating table: Mehanna
US company mission to meet with President Abdel Fattah Al Sisi Tuesday
US health companies solve their market problems, intend to expand investments in coming period
Delegation from 43 US companies to visit Egypt on Tuesday
Members to meet with President Al-Sisi, economic ministerial group
Egypt gained trust of investors, continuity of reforms is vital: Citibank Country Officer
First reform steps was removal of energy subsidies, significant move in right direction, says Abdel-Khader
Citi bank has real plan to expand its activities during upcoming period, especially in Middle East, North Africa
Citi bank aims to assist Egyptian government with IPO programme
Capital will continue to flow in MENA, market will be more attractive in 2019-2020: Citigroup
Private sector should support public sector, government, to generate more revenue
Power sector can fundamentally change Egypt: Africa economist at Citigroup
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 …
Fifth Middle East, Africa ‘Media and Community’ summit kicks off Tuesday in Dubai
‘Summit will focus for the very first time on the Middle East and Africa,’ says Seifeddine
Mastercard added 7m mobile wallet customers in Egypt In 3 years: MasterCard GM Egypt and Pakistan.
E-payments improve government efficiency, increase transparency, boost ease of conducting business
Dubai, Mastercard to partnership for Expo 2020
Innovative payment solutions augmented, virtual reality, biometrics technologies to be offered
85% of payments still cash, mostly in Africa: economist, former governor of Reserve Bank of India
SMEs are ideal for technology, and innovative financial solutions
Travelpass new innovative solution from Mastercard
To encourage more financial including Mastercard launched an application for farmers
Technology at forefront of growth today, main gate to boost economy, says president of Mastercard MEA
Mastercard ‘Connecting Tomorrow’ annual forum kicks off Tuesday in Barcelona
Al-Sisi heads to New York on Friday for 73 UN General Assembly session
AmCham, USEBC organise meetings between president, US companies
Fund project growth to reach 6%, unemployment rate, inflation to fall to 7%: IMF’s senior resident representative to Egypt
Strong private sector essential for job creation, this requires improving business environment, governance, transparency, access to finance, accountability of public institutions
IMF approves 4th $2bn tranche of Egypt’s loan
The Executive Board of the International Monetary Fund (IMF) approved today the disbursement of the fourth tranche of the IMF loan to Egypt worth $2bn, as part of the extended $12bn loan facility over three years. The IMF’s approval followed the completion of the third review of the IMF’s economic reform programme, during their visit …
ETA will not accept any cash payments over EGP 5,000 starting January 2019: ETA deputy
Mohammed Abdul Sattar, deputy head of the Egyptian Tax Authority (ETA), said that the coming period will see a big boom in the reform of the tax administration, the automation of all checks and payments, and the submission of declarations, allowing the preparation of an integrated database of financiers. Abdul Sattar said that as of …
Egypt to complete development of educational system by 2026
Ministry of Education to stop using textbooks to save EGP 3bn in general budget
Tax revenues reached 100% of target from start of FY through April: ETA head
Some artists who receive millions of pounds do not pay all taxes
Agreement with Cyprus to link Aphrodite field in Egypt to conclude soon: minister of petroleum
Foreign investments in oil sector to reach $10bn
Terrorism has become transboundary, cannot be confronted without coordination, cooperation among all countries: Mohamed Idris
We are keen to develop united position for Africa on international issues, Idris says
97 New York police officers to tour Egypt in recognition of Sinai martyrs: El Nakib
More polling places in areas where Egyptians are based in US needed, Egypt’s general consul in New York says
US Congress, business community praise Egypt’s reforms
Delegation held 89 meetings, including 33 with US lawmakers, 16 with research centres to improve image of Egypt, says Tawfiq
50 major US companies to visit Egypt by October
Washington – Head of the American Chamber of Commerce in Egypt (AmCham) Tarek Tawfik said on Friday that an American investors delegation will visit Egypt in October, including 50 major American companies. He added that the expected visit will be an important step towards boosting bilateral economic ties, giving American companies the chance to learn about …
Egyptian government applied for programme to protect middle class: World Bank
Government currently working on package of measures in favour of middle class, will be announced soon, Egyptian official says
MB relations with US State Department are over: TIMEP
Egyptian-US relations seem better than during Obama era, still fall short of expectations
Egypt needs 7% growth to reduce unemployment rate, restrain population growth, improve incomes: Mohieldin
Targeted growth should be 6-7%, which requires direct investments of 25-30%
Egypt is on track; second wave of reforms must start: AmCham members in Washington
Egypt now has a new business model that depends on manufacturing, expansion, and exporting, which is different from the old trade-oriented patterns, says Tawfik