Latest in Tag: Business Highlight
Latest in Tag: Business
Highest among their concerns was not, as you might expect, the physical security situation.
Civil Aviation Minister Abdel Aziz Fadel stated that this move comes alongside efforts to further develop EgyptAir’s aircraft fleet.
Abdel Nour added that Egypt’s government had recently entered into negotiations to pay back the debt held by the Egyptian General Petroleum Corporation (EGPC) to mining companies, estimated to total $5.5bn, in order to provide incentive for international companies to increase their production within the country.
An additional 1,200 post offices have also begun taking part in the system, bringing the total number of participating payment stations to 4,520. He added that the system had been set up during July and August of last year.
The Brotherhood has no economic activities, says FJP head of economic committee Abdullah Shehata
The managing director of General Motors in Egypt and North Africa, Tarek Attia said that they are committed to more investments in the future.
The world’s largest online retailer operates China’s most popular e-shopping platform Taobao, which has more than 90% of the country’s online market for consumer-to-consumer transactions.
Minister Ahmed Galal discussed in a conference call with EFG-Hermes the government’s plans to boost economy and encourage investors
Google originally started off as a search engine in 1998 that provided users with an index of websites and links that matched their inputted keywords.
BlackBerry was once a leader in mobile technology, but has been squeezed out by rivals Android and Apple, which coincidentally announced record sales of its latest iPhone on Monday.
Egypt is the 1st Arab country and the 17th worldwide that uses Facebook the most
Officials from Iraq, the second largest producer in oil cartel OPEC, were quoted on Monday as saying that the country had restored normal output after completing repair work on a pipeline leak.
Ahmed Imam, Minister of Electricity and Energy, stated that the decision will seek to have high energy consuming factories meet 50% of their needs using new and renewable energy sources capable of producing 970 megawatts of energy.
New York’s main contract, West Texas Intermediate, for November sank to $103 — the lowest point since 8 August.
Chancellor Merkel’s triumphant conservative Christian Democrats (CDU) won 41.5% of the vote.
The stock market registered its highest gain in seven months
When Morsi took office in July 2012, Egyptian bank loans totaled EGP 503.2bn, compared to the EGP 544.8bn after his removal in July 2013.
The Daily News Egypt sat down with Anis Aclimandos, the president of the American Chamber of Commerce in Egypt, to discuss the situation of American investors in Egypt, evaluate the government’s performance and talk about upcoming projects the chamber is planning.
The company, under its ownership of 50.76% of the Arab Engineering Industries company, is said to receive this amount through the representation of EGP 2.5 per share, which will lead to this cash flow increase.
El-Beblawi added that challenges facing investors, which primarily included lapses in security, were being addressed and that huge improvements had so far been seen in the performance of security forces in recent months.
New projects in the sectors of food industry, tourism, textile, solar energy and education
Fahmy congratulates Russian diplomacy following US-Russia agreement on Syria chemical weapons
The two countries signed joint cooperation agreement in electronic signature sector
The report fingered Asia in particular, saying that over 100 kilos (221 pounds) in vegetables per capita are wasted every year on average in “Industrialised Asia”, a region including China, Japan and South Korea.
Minister of Planning meets with Tamarod leaders to discuss economic and social issues and agrees to hold a monthly follow-up meeting
Egyptian Manufacturers Association meets with the Minister of Planning to discuss challenges facing industrial sector and government’s stimulus plan to boost economy
The European single currency eased to $1.3242 from $1.3250 late on Monday. The dollar rose to 100.03 yen from 99.59 yen.
The US economy was experiencing a “positive momentum” thanks in large part to a boost in private household consumption.
Ministry of Finance sets aside EGP400m in government funds
BP discovers gas in Salamat well in the East Nile Delta