Latest in Tag: Business Highlight
Latest in Tag: Business

Korean Ambassador, Head of Arab Organisation for Industrialisation discusses business cooperation
The two parties are working on expanding the scope of cooperation to various fields, such as military production, environment, and water desalination

Egypt’s business community welcomes president’s decision to lift state of emergency
“Egypt has become, thanks to its great people and loyal men, an oasis for security and stability in the region. So, I have decided for the first time in years not to extend the state of emergency nationwide,” President Al-Sisi said on Monday.

Egypt reviews industrial, commercial laws to improve business environment: Trade Minister
State has not, and will not, delay in providing support to production sectors, particularly exports, says Gamea

Egypt business conditions worsen in December amid second COVID-19 wave: IHS Markit
Rise in coronavirus cases sparks commensurate reduction in client demand

Elsewedy Electric receives high-level delegation from Business France
Business France discusses cooperation with Elsewedy Electric, supporting French investments in Egypt

Egypt business community sees South Sudan as promising investment destination
Other areas, such as manufacturing sugar and oxygen cylinders, as well as hotels and tourism, are also important investment sectors in South Sudan.

Google opens application window for first Business Startup Accelerator in MENA
The Google Business Startup Accelerator: Middle East and North Africa was announced in October, as part of the global technology giant’s regional programme “Go Strong with Google”.

80% of Brightskies’ business executed outside Egypt: Chairperson
Elamrawi said that the remaining percentage of the company’s business takes place within the Egyptian market. The company is developing advanced technologies in various sectors, especially cars, energy, education, banking, and telecommunications.

GACIC-AHK members express optimism in Egypt business climate
The outlook towards 2021 is rather optimistic, and despite the ongoing global crisis, 82% of the participants stated that their current business development is good or satisfying.

How to Become a Successful Business Person
Thankfully, there are many ways people can learn what’s required to become successful, either through experience

Egypt’s new data protection law and what it means for business
On 15 July 2020, Egypt also joined the exclusive club of Middle Eastern countries with national data protection laws, publishing the Personal Data Protection Law (Law No 151 of 2020). Coming into force on 14 October 2020, the PDPL brings a wide range of new obligations for businesses.

EIB grants €1.9bn to support Egypt’s public transport, business investment
The EIB has approved €16.6bn of new financing for projects across Europe and around the world. This includes over €10bn of coronavirus-related investment to improve public health, strengthen public services, and back investment by companies in sectors hit by the pandemic.

Public transport companies complain financial losses, halt in business
Companies highlight lack of facilities given state-imposed restrictions, precautionary measures

Opinion| Ensuring business continuity through digitalisation
The number of people experiencing working remotely in this situation is immense, and they have a lot of questions. One of the most frequent topics is about successfully negotiating the sudden switch to digital

Misr Holding implements unique business strategy against backdrop COVID-19
El Hini said that the holding company’s budget, and those of its subsidiaries, had been prepared before the current crisis took place. It had been hoped that the strong upward trend would continue for the group as a whole, but the ongoing coronavirus crisis and its expected economic consequences will likely negatively affect these expectations.

365 Ecology hosts webinar on business in uncertain times
Webinar brings industry experts together to exchange their knowledge

Business community endorses ‘Stay at your factory, protect your family’
Accordingly, businesspeople are being asked to bear the costs of accommodating workers for a period of 14 days, equal to the period of quarantine. During this time, workers will double their work shifts to increase production.

German delegation for water, wastewater management to visit Egypt this month: ambassador Nunn
Government’s war against corruption must continue, says ambassador

Cairo Economic Court hands out EGP 110m fine to Raya Holding
Medhat Khalil appeal against the fine

Nassef Sawiris becomes Africa’s second richest person with $8bn
Three Egyptians on Forbes Africa’s Billionaires’ top 10 list

MNHD’s contracts, reservations recorded EGP 6.3bn in 2019
Egypt’s developer Madinet Nasr Housing and Development (MNHD) announced on Thursday that its pre-sales (contracts and reservations) for the year 2019 reached a record EGP 6.3bn compared to EGP 5.5bn in 2018.

EBA, China’s Foshan delegation agree on boosting business, tourism cooperation
Steel, textiles, waste recycling, sewage water treatment are the main focus of Chinese FDIs in 2020, says embassy

Italy, Egypt’s business relations strengthen despite political differences
Regeni’s murder case still on top agenda in four high level presidential meetings in 2019

Arab International Company for Hotels directs EGP 1bn to develop Ramses Hilton over 4 years
Company to increase the Ramses Hilton room rates to compensate for renovation expenses over six years, says chairperson

Egypt’s SWF CEO: who is Ayman Mohamed Soliman?
Mr. Ayman Mohamed Soliman brings 22 years of experience managing a group of 200+ companies spanning a diverse set of industries, with a global investment and transaction record of accomplishment, and a long-standing track record in managing complex assets and running mega transactions. Over the past 17 years, Mr. Soliman served as a board member …

AHK delegation announces opening business representation office in Cairo in 2020
Egypt is the second strongest industrialised country in Africa, says Weigert

Egyptian business community supports government’s efforts to establish stability
“We cannot ignore latest movements that threaten our ability to develop business and create jobs,” says EBA’s chairperson

EGX blue-chip index plunges by 3.16% in morning trading
On Sunday, EGX indexes bled heavily amid intense selling by Egyptians leading to market losses of EGP 31.5bn

Friendlier business environment required in Egypt: WB
Senior economist at WB calls on government to simplify customs procedures

COMESA Industrial Strategy cleared for implementation
Ministers urged member states to integrate activities of Regional Action Plan into their National Industrial Development Plans for implementation