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Egypt’s government investments stand at EGP 280.7bn in FY 2020/21 budget
The new investments aim to move the economy onto sustainable growth, and to provide new job opportunities, especially in light of the global economy slowdown as a result of the novel coronavirus pandemic.
Government launches SMEs digital transformation initiative
The event was attended by Minister of Public Enterprises Sector Hisham Tawfik, Minister of Trade and Industry Nevine Gamea, FEDCOC Head Ibrahim El-Arabi, and Chairperson and CEO of Benya Capital Ahmed Mekki.
Government, WB Egypt mission discuss fighting air pollution in Greater Cairo
With project’s final consultation document finalised, Egypt’s Environment Ministry prepares to establish project coordination unit, says Yasmin Fouad
Government, e-Finance partner to implement ‘Digital Egypt’ strategy
Sarhan’s comments came during his participation in the “Narrative Summit – Reshaping Norms” conference. Egypt hosted the conference, which was set up to discuss the socio-economic impacts of the novel coronavirus (COVID-19) pandemic.
Government prepares to develop applied technology for communication school
The minister added that the protocol signed on Wednesday will see the launch of the first applied technology school in the academic year 2020/2021. It will also establish an extended partnership between the Ministry of Education and TE.
Government discusses increasing efficiency of health facilities
The discussions were held as Egypt continues its fight against the novel coronavirus (COVID-19).
Government discusses Egyptalum expansion, state-owned companies restructure
Structural, governance reforms of public enterprise sector companies also discussed at the meeting
Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months
Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds between July and September 2020
Government to finance EGP 37m worth development projects in Upper Egypt
Social Solidarity Ministry is moving from social protection to development and economic empowerment, says El-Kabbaj
Government engaged in raising standard of living: Prime Minister
On Saturday, Madbouly reviewed a Cabinet Information and Decision Support Center (IDSC) report on the efforts exerted by the government during the coronavirus (COVID-19) pandemic.
Government facilitates licensing of industrial establishments
New protocol allows trade and environment ministries to identify violations that may lead to serious environmental dangers, mandate to take necessary measures
Government investments worth EGP 47bn allocated to Upper Egypt in FY2021
Local development programme in Upper Egypt is important for achieving sustainable development goals, says Minister Al-Mashat
Government halts building permits in 4 governorates for 6 months
Industrialm tourism, government installation, and national project licences excluded from directive
Foreign workers at government, public business sectors increase 42.4% in 2019
The report added that, of this amount, 1,233, or 88%, were male, and 155 (or 11.2%) were female, with the rise attributed to the increase in investment projects in Egypt. The 2019 figures show a significant increase on 2018, when 975 foreign employees were reported in these sectors.
Government to treat blinded quarantine hospital doctor at state expense
Mohamed Sami suffered loss of vision due to eye stroke induced by high blood pressure
Government spends EGP 40bn out of EGP 100bn allocated to confront coronavirus: Maait
Budget revenues down EGP 75bn, of which EGP 65bn decline in tax revenues
Egypt’s government investment expenditures up EGP 80bn in FY 2020/21
Next budget of New Urban Communities Authority will also be increased
Government to encourage local production over imports due to COVID-19
Public treasury bears EGP 10bn value of reducing gas, electricity prices for industry activities
Government follows on e-buses localisation plan
Military Production Ministry, China’s Foton Motor to jointly manufacture eBuses in Egypt
Government prepares for linking Farmer’s Card with Meeza e-payment services
ElKosayer held several meetings with the Agricultural Bank of Egypt, e-finance, and the Egyptian Banks Company to develop the procedures needed to carry out the digital transformation. This is expected to have a significant impact on the services provided via the Farmer’s Card and maximise its benefits.
Government allows construction sector to work as normal despite Covid-19 precautions
The precautionary measures have been put aside in the case of the construction industry to ensure projects with a national interest currently under development are completed quickly.
City Edge contributes EGP 10m to Tahya Misr Fund for government coronavirus efforts
“City Edge’s contribution in the Tahya Misr Fund comes within the framework of its strong belief in the necessity of solidarity with the Egyptian community, people and government, in fighting coronavirus, which needs joint efforts between various institutions, whether governmental or a private sector as well as civil society
Government announces measures to protect construction workers from COVID-19 spread
Companies which want to continue, or halt operating have to commit to state preventive measures, the PM said
Coronavirus fears erase EGX gains despite government stimulus
EGX30 down 2.76%, with turnover falling to EGP 762m
Government decision regarding stock exchange taxes awaited by EGX
Global, local stock exchange losses, halting transactions will likely trigger panic selling
Government, AOI discuss cooperation in local tyre production
This comes in light of the AOI’s efforts to establish a tyre production plant in the economic zone in Ain Sokhna, as well as the Ministry’s efforts to restructure the Transportation and Engineering Company of the Holding Company for Chemical Industries, as well as establish a new factory in El Ameryea, Alexandria.
Government discusses doubling Egypt’s QIZ exports
Egypt exports $12.3bn goods under QIZ protocol, said Hala El-Said
Government meets World Bank to discuss cooperation in Egypt’s new health insurance
The mission included Amr El-Shalakani, senior health specialist at the World Bank, and Regional Director of the World Bank office in Egypt, Yemen and Djibouti Marina Weiss.
Lebanon forms new government, protests continue
UN chief will work with new PM to achieve reform agenda
Government discusses offering Sports City membership at lower prices to NAC’s R3 residents
Waleed Abbas, assistant housing minister for community affairs of NUCA, said on Monday that Sports City is located north R3 in the NAC, on 92 feddan, and includes a football stadium complex, an indoor hall, swimming pools, squash complex, and a tennis court complex.