Latest in Tag: FEDCOC Highlight
Latest in Tag: FEDCOC
Egypt produces 85% of its pharmaceutical needs: FEDCOC
Egypt produces about 85% of its pharmaceutical needs locally, and imports only 15% from abroad, according to Ali Auf, Head of the General Division of Drug Traders at the Federation of Egyptian Chambers of Commerce (FEDCOC). Auf added that manufacturing what Egypt imports locally requires extensive technology and has special specifications, which are not currently available in the country. He elaborated that oncological drugs cost about EGP 200,000per patient, …
FEDCOC launches initiative to develop Egyptian-Russian economic relations
It aims to turn Egypt into hub for re-exporting Russian products
Chambers of Commerce announces measures to support tourism, development in South Sinai
New measures will work on activating domestic and conference tourism in governorate
Egypt telecom regulator holds symposium for stakeholders on market controls
NTRA stresses importance of new digital portal for import, licensing services
Federation of Commerce Chambers lends support to SMEs in 3 governorates
FEDCOC signs cooperation protocols with Egyptian banks to provide easy financing mechanism for youth
Calm dominates FEDCOC’s Automotive Division elections
Number of candidates in Automotive Division elections is low: Auto expert Montaser Zaytoun
Home computer sales surge 15% due to COVID-19: FEDCOC
Most sales took place via Internet during first three months of 2020
Egypt’s Importers Division reports sector’s problems to FEDCOC
Indicative prices relating to Egyptian customs have caused significant local price hikes, especially for low-income consumers, says Division of Importers member
FEDCOC invites Cairo Chamber to cooperate on “Digital Future” initiative
The initiative was set up and launched by the Digital Economy Division at the Cairo Chambers of Commerce, in cooperation with the Ministry of Public Enterprises Sectors.
Chambers of commerce to submit conceptualisation for shop closing times to FEDCOC
Commercial shop closing times are being studied in coordination with concerned authorities and governorates
Public Enterprise Sector Ministry, FEDCOC, FEI, to cooperate on digital transformation
Protocols will see Egyptian products promoted through online platforms
PM Madbouly holds first meeting of ‘stimulating investment ministerial group’
Businesspersons suggest collaboration with international marketing companies to promote the country’s investment opportunities
FEDCOC to consider a number of initiatives to control prices in 2020
Al-Arabi said that the FEDCOC coordinates with the Federation of Egyptian Industries (FEI) to encourage producers and importers to provide sufficient quantities of initiatives to meet needs of Egyptian market at discounted prices.
Ibrahim Al-Arabi wins elections for FEDCOC presidency
The FEDCOC announced the results in the presence of 35 people with the right to vote. Al-Arabi got 21 votes while the former president of the FEDCOC for the previous two terms got 14 votes.
New offerings will attract new investors, new capital into Egyptian market: head of securities division at FEDCOC
Market anticipating offering of petroleum companies, banks’ stakes, marking turning point for Egypt’s economy
FEI, FEDCOC, Parliament dispute on financial fines, prison sentences in consumer protection law
The Committee introduces penalties amounting to 5 years imprisonment, FEI, FEDCOC reject
Visa, FEDCOC launch first Egypt Card Security Week
Week-long consumer education campaign is to promote safe online shopping habits and protection against different types of payment-related frauds
FEDCOC urges parliament to solve high lending interest rate issue
The implementation of social and middle-class housing units will start within a week, Badr El-Din says
FEDCOC division prepares plan to develop SMEs through Tawtin initiative
Final preparations to be finished within one month, according to Salem
FEDCOC studying with Algebra Ventures financing startups and entrepreneurs
Khalil Hassan Khalil, board member in the Federation of Egyptian Chambers of Commerce (FEDCOC) and head of its General Division of the Digital and Electronic Economy, held a joint meeting with the leaders of risk investment fund “Algebra Ventures” and the six Egyptian companies that took part in the CES exhibition in Las Vegas in …
Turkish investors pledge double investments in 2017: FEDCOC secretary general
Turkish companies consider reviving projects stalled since 2011, says El-Wakeel
FEDCOC, ITIDA launch initiative to link international and local companies
Size of IT market in Egypt to reach EGP 26bn by 2020, says Afifi
Size of Egypt’s technology market to reach EGP 26bn by 2020: Afifi
Devices represent about 50% of the market, while services represent about 30%, and software represents 20%
Industry and Trade Ministry holds meeting with concerned ministries to study new costs of transporting food products
Industry and Trade Minister Tarek Kabil was commissioned by the prime minister to hold a meeting with Transportation Minister Galal Saeed, Supply Minister Mohammad Ali Meselhy, and President of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed El-Wakeel to study the fees for transporting food products following the increase in the prices of …
Government to determine commodity profit margins with FEDCOC, FEI next week: Prime Minister
Government in full coordination with CBE to overcome the US dollar crisis
Chambers of Commerce to limit imports to production inputs, basic goods for 3 months to preserve US dollars
4.3 million traders expected to stop buying US dollars for 2 weeks in a bid to stop further appreciation
Prime minister, FEDCOC to meet over security raids against factories on charges of trading sugar
Police measures will lead to a severe shortage in goods and threaten investments, says Ezz
Housing Minister, Real Estate Investment Division of FEDCOC to discuss real estate developers’ union draft law within days
Businessmen and real estate sector’s representatives unanimously approve the initial draft
FEDCOC investors focus on low to median housing and Real Estate Developer’s Union Law
The FEDCOC seeks to add 500,000 housing units and prompt action on the union’s law by year’s end
Real estate division requests amendment of Article 34 of executive regulations
Companies that implemented 85% or more of projects should be exempted from additional payment for any delays