22.1% decrease in trade balance deficit in September 2015
The deficit recorded EGP 29.49bn in September 2015, compared to EGP 37.86bn in the same month in 2014
Rana Yehia
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High speed train deal to be signed next week: Transportation minister
Price of new metro line tickets will be higher than old lines
EGP 8.5bn to be pumped in new capital, 1.5m acresÂ
The share of the 1.5m acres project will amount to EGP 3.5bn while the New Administrative Capital will acquire the remaining EGP 5bn.
EGP 2.2bn in direct monthly losses due to Russian plane incident: Tourism Minister
Occupancy rates in Red Sea area have declined from around 70% to 30%, says Hisham Zaazou
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
Wadi Food wins 7 international awards for high quality olive oils in 2015
This year, Wadi Food expects to achieve 25%-30% growth
Egyptian economy improving amid challenges: Moodyâs
Although government financing needs remain large, Moodyâs expects economic reform will help reduce fiscal deficits and government debt
Entrepreneurship crucial for Egyptâs advancement: Business Sweden
The challenges facing entrepreneurs in Egypt include education, access to finance, legal regulatory framework
Google, Microsoft most attractive employers for Egyptian graduates
At least 50% of all Egyptian students polled want to work for an international company
Dar Misr project implemented by 31%
The first phase includes establishing 13,269 units in New Cairo and 5,712 units in New Damietta
34,491 units implemented in Social Housing Programme
Every unit consists of three rooms; one hall, one bathroom and one kitchen, an area of 90 sqm
Diabetes patientsâ awareness most important step for treatment: Doctor
7.5 million Egyptian suffer from diabetes, expected to reach 13 million by 2035
NUCA offers 5 bids in 3 new cities
The bids offer service projects in Sadat, 15th of May and New Beni Suef cities
UNIDO to participate in reclamation of 1.5m acres
The organisation will provide expertise in greenhouse technology
Supply minister meets with 3 companies to establish logistic zones
The three companies are Dia Corporate, Arma Group and Alsaeed Trading CompanyÂ
Egyptian pound devaluation has positive impact on tourism: Colliers official
Creation of Suez Canal is a catalyst to build a new tourism hub, and Ain Sokhna particularly in the immediate future, says Head of Hotels (MENA) at Colliers International
Government wants to increase private sector investment
Egypt is targeting to reach $10bn in FDI over current fiscal year
Egyptâs executive system is large and complicated: Al-Hossary
Out of 102 countries, Egypt ranks 95th in the regulatory enforcement index, and 91st in the open government index
Egyptian public sector needs downsizing: Innovation in Government panel
The Egyptian public service sector includes 6.5 million employee serving around 85 million citizens
Manufacturersâ request focus on textile sector
Panel explain 24% of non-petroleum exports are textile products
OTMT, Actâs intention to acquire Beltone positively affects stock market
OTMTâs share of the offer is 87% and Actâs share of the offer is 13%, the transaction value is estimated at up to EGP 650m
Monthly inflation rises by 2.8% in September
The annual inflation rate has recorded 9.4% in September 2015 compared to September
Dimian attends IMF, WBâs annual meeting in Peru
Finance minister will also attend meetings with high-level officials in international financial institutions and credit ranking institutions
145,800 housing units were constructed during FY 2013/2014: CAPMAS
70.8% of the units were implemented through private sector investments of EGP 15.5bn
NUCA invests EGP 4.7bn during Q1 of FY 2015/2016
NUCA’s budget in current fiscal year reached EGP 33.2bn
Lift Slab board approves capital increase, new activity
The EGP 43m increase will be distributed in 4.3m shares with a nominal value of EGP 10 per share
33 Indian textile companies participate at Intexpo Egypt
India is the second largest destination for Egyptian exports, with bilateral trade volume reaching $5bn, says Indian Ambassador to Egypt
New free zone in Minya attracts $750m in investments
Zoneâs cost of development will exceed EGP 450m, will be implemented in three phases over 10 years
IDA launches programme to facilitate industrial investment environment
The World Bank has allocated a total of $5m for project implementation
SECON launches 3 projects at Cityscape
Company announced its development of three real estate projects covering 100 acres, entailing investments of EGP 3bn