In March, Egypt experienced portfolio outflows, 12% decline in foreign currency reserves
Latest by Shaimaa Al-Aees
Chinese government will provide further medical aid to help Egypt fight pandemic, says ambassador
Egyptian law looks to ensure fair competition with imports in local market, says Gamea
Industrial sector in Egypt greatly affected by COVID-19 crisis, says Gamea
The new production lines have been established to meet the growing needs for disinfectant products in the Egyptian market on the back of the novel coronavirus (COVID-19) pandemic.
IFC’s commitments in Egypt since 2005 has reached $4bn
Most attractive sectors in Africa are technology and infrastructure, says Harding-Jones
Livingstone said that most experts expect a sharper recovery in the Middle East region in 2021, which is slowing down somewhat. Citi believes that the global recovery may also shift over time.
Country has taken proactive measures to combat economic repercussions of COVID-19, say Citigroup leaders
Project will see ACUD take 55% stake, against 45% for AWWC, says Abdeen
Giving smokers alternative nicotine delivery means they might prefer these products over cigarettes, and produce better outcomes, says Polosa
Water is human right, essential to work on projects that achieve water security, says El Dahshoury
During the council’s newly-formed Board of Directors’s first meeting on Monday, Abu Al-Makarem stressed the importance, strength, and attractiveness of the chemical industries sector to local and foreign investors. Minister of Trade and Industry Nevine Gamea participated at the meeting.
Country tops Africa in terms of reinvesting foreign companies’ profits by 41%
During a tour for journalists of the project site on Sunday, Farag added that the Lafayette Mall is the first commercial project to be launched inside the downtown area. It includes six floors with built-up areas ranging between 35-40% of the total project space.
Upcoming fiscal year will see EGP 700m invested in residential projects, in addition to developing safer living conditions
All precautionary measures undertaken at project sites to preserve health and safety of employees and to ensure continuity of construction
Hotels can capitalise on their layout, location to provide alternative workspace for individuals or companies looking to alter and downsize
MSMEDA has made EGP 10.6m worth of finance available to 13 customers, says Gamea
Commercial shop closing times are being studied in coordination with concerned authorities and governorates
Company plans to develop new Amorada project in New Administrative Capital, says Chairperson
The new phase, close to the Central Bank of Egypt (CBE) headquarters, includes 38 units covering 3,000 sqm in selling area, with selling areas starting from 48 sqm.
Awarding and contracting will take place by 2020 end, says Nassef
Real Estate Development Chamber’s cooperation with Banque Misr will overcome global health crisis, says chamber chairperson
Project is part of World Bank Group’s strategy to help Egypt optimise its overall domestic electricity consumption, says Globaltronics Chairperson
Egypt-China trade volume at $3.2bn in Q1 of 2020, with China one of Egypt’s largest commercial partners
Constant monitoring of situation needed, particularly for annual budget which was prepared in pre-pandemic period, says Maait
The MoU ensures the two entities join forces to strengthen the communities in which they work and to promote sustainable civil societies in light of the coronavirus (COVID-19) pandemic.
Gamea said the decision is to ensure that the needs of Egypt’s citizens and medical institutions are provided for during the ongoing coronavirus (COVID-19) pandemic.
Ministry submits proposals in August 2019 to schedule debt arrears by ceramics companies, says El Molla