239 Articles
The management of the Egyptian national team claims they feel certain that they will make it through the group stages in Russia, conjecturing that the team holds a great chance to surprise fans during the competition. Coincidentally, the Pharaohs have managed to qualify for the World Cup for the first time in 28 years. Moreover, …
Daily News Egypt monitored car sales according to their country of origin from the beginning of 2017 to November, according to the latest report issued by AMIC.
Local production of paper only meets 40% of the volume of consumption, says Alamiria chairperson
Global IPO volume hit 10-year high last year, driven by financial sector
Botswana tops Africa, UAE ahead of Arab countries
The FocusEconomics Consensus Forecast expects total investments in Egypt to grow 8.9% in fiscal year (FY) 2017/2018, up 3.2% from last month’s estimates. The FocusEconomics report said that investments are expected to grow to 10.2% in FY 2019. The report noted that the recent investment and industrial licensing laws are likely to boost investment; consumer …
The Industrial Development & Workers Bank of Egypt offers funding for franchise businesses, whether existing or new projects, and for both local and international projects. The bank provides funding for all production, service, and commercial activities, including economic, industrial, livestock, poultry, tourism, and agricultural projects. The bank finances the purchase of new machinery, spare parts, …
In line with EBRD’s support for the development of micro, small, and medium enterprises in Egypt, and the leading role of QNB ALAHLI in Egypt regarding that field, EBRD offered a senior loan of $20m to QNB ALAHLI SAE for on-lending to local small businesses. The loan is the first under EBRD’s new “Egypt Women …
The worst is over and the country’s economy is steadily moving towards sustainable development
In addition to the fluctuations of oil prices in international markets and the increase in the share of individuals enrolled in ration cards; the government’s decision to liberalize the pound exchange rate at the beginning of November last year also contributed to the increase in the cost of goods imported from abroad
The president repeatedly stated that he is not going to run in the upcoming presidential election against the people’s will Â
Saudi Arabia detains 11 princes, four ministers, dozens of former ministers in an anti-corruption investigation
Al-Ahly has filed an official complaint with the African Football Confederation (CAF) against the referee, Bakary Gassama, who ran the African Champions League final in Casablanca yesterday between Al Ahly and Wydad Athletic Club. Head of Al Ahly, Mahmoud Taher, said that there were several reasons behind the complaint, including what he described ad serious …
EGP 1.1bn revenues for the current year, compared to EGP 2.2bn in 2016
The company avoids hiring them for not giving them financial benefits to their original employees
An official at Telecom Egypt stated in special remarks to Daily News Egypt that the company’s mobile lines arrived yesterday to the stores of the company in preparation for public offering within a few days. This coincides with the launch of mobile services, he said. The official added that the National Telecommunications Regulatory Authority (NTRA) …
The crossing is expected to be closed on late Monday
The two parties discussed the resumption of Russian flights to Egypt
16% of the startups in the financial technology sector are from Egypt
The fund provides ATM cards for breadwinner women in cooperation with Nasser Social Bank
The initiative aims to support SMEs to maximize their contribution to the national economy, and integrate the informal economy with the formal economy
US police had earlier charged a 22-year-old man with murder in connection to the case
The tender includes selling demolition rubble of Nasser, Maspero, Zamalek, and Kit Kat stations
Winning companies obtain financial support worth EGP 120,000
Over 20 news websites were blocked last week with no official explanation
EEHC to disburse compensation for equipment companies to cover for exchange rate difference following flotation
Agreement to increase incubators for entrepreneurs, develop skills of young people in emerging projects in investment zones, says Nasr
The president criticised performance of government, urging it to improve and forcefully settle the legal status of land taken by force from the state
420 MPs approved the law, only 5 rejected
CBE establishes special unit to support efforts in this matter, headed by Bassiouny, supervised by Abulnaga