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
Nevine Kamel
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Latest by Nevine Kamel
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
Door-knock mission concludes annual visit to DC
Washington – Egypt and the United States have always enjoyed a special relationship since the October war of 1973, following late Egyptian president Anwar Al-Sadat’s decision to gradually shift from the Soviet camp, sign the 1978 Camp David Accords and Egypt-Israel Peace Treaty in 1979, and establish stronger ties with Washington in return for various kinds …
Friendliness between Trump, Al-Sisi does not equal honeymoon for US, Egypt: Salem
Decision to move US embassy to Jerusalem will have dire consequences, could give Iran chance to go against America for Jerusalem, says Feierstein
IMF mission expected to visit Egypt in May, announce results of review in June
Washington- Subir Lall, head of the International Monetary Fund (IMF) team for Egypt, said the IMF will visit Egypt in May for the third review of the economic reform programme implemented by the Egyptian government in accordance with the agreement reached with the IMF. Lall added that the results of the review will be announced in …
Egypt complaining about imposition of steel duties, is working to exclude itself from decision: US officials
Negotiations underway to introduce technology, leather products within QIZ agreement
Door-knock campaign begins annual mission on 12 March
USA negotiating with Egypt, South Africa, Nigeria, Ethiopia to sign free trade agreement
Completion of customs bill, executive regulations within days: Customs Authority
New customs law exempts blind persons’cars, injured military, police personnel from customs
Energy subsidies will be zero by FY 2020/2021: Shaker
Minister of Electricity and Renewable Energy Mohamed Shaker announced that energy subsidies will be zero by fiscal year (FY) 2020/2021, a change from previous plans that were meant to terminate the subsidies by 2019. This came during a monthly meeting at the American Chamber of Commerce in Egypt (AmCham) on Sunday under the title “Future …
Finance Ministry prepares to replace stamp duties with capital gains tax on stock market transactions
Plan to automate all taxation operations within 3 years, terminating paperwork
Official delegation to visit Saudi Arabia to resolve pepper, strawberry exports issue
Arab market accounts for over 45% of agricultural exports, says AEC head
German companies seek to inject new investments in Egypt
Series of mutual visits will be held after new German coalition government’s formation