Latest in Highlight
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.
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.
With project’s final consultation document finalised, Egypt’s Environment Ministry prepares to establish project coordination unit, says Yasmin Fouad
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.
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.
The discussions were held as Egypt continues its fight against the novel coronavirus (COVID-19).
Structural, governance reforms of public enterprise sector companies also discussed at the meeting
Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds between July and September 2020
Social Solidarity Ministry is moving from social protection to development and economic empowerment, says El-Kabbaj
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.
New protocol allows trade and environment ministries to identify violations that may lead to serious environmental dangers, mandate to take necessary measures
Local development programme in Upper Egypt is important for achieving sustainable development goals, says Minister Al-Mashat
Industrialm tourism, government installation, and national project licences excluded from directive
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.
Mohamed Sami suffered loss of vision due to eye stroke induced by high blood pressure
Budget revenues down EGP 75bn, of which EGP 65bn decline in tax revenues
Next budget of New Urban Communities Authority will also be increased
Public treasury bears EGP 10bn value of reducing gas, electricity prices for industry activities
Military Production Ministry, China’s Foton Motor to jointly manufacture eBuses in Egypt
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.
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’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
Companies which want to continue, or halt operating have to commit to state preventive measures, the PM said
EGX30 down 2.76%, with turnover falling to EGP 762m
Global, local stock exchange losses, halting transactions will likely trigger panic selling
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.
Egypt exports $12.3bn goods under QIZ protocol, said Hala El-Said
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.
UN chief will work with new PM to achieve reform agenda
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.