Latest in Tag: Business Highlight
Latest in Tag: Business
$2.25bn cost of importing gas for FY 2015-2016
BP starts supplying 18 liquefied gas shipments to Egypt next month
Qalaa Holding to sell untapped assets to Financial Holding International
Finalisation of investment deal expected by December 2015 after customary conditions and requirements are met, says company
Courtesy, honesty and self-confidence most important standards for choosing customer service agents: Official
There are important qualities and standards that phone companies seek in their customer service agents.
Value-added services play main role in customer satisfaction
Etisalat Egypt also offered its clients the chance to pay online through a virtual credit card called Flous, in partnership with MasterCard.
Egypt offers one of cheapest technical support, call centres
The report indicates that Egypt offers good technical support services and communication services, thanks to its manpower who can speak six European languages. Another important factor is Egypt’s low service costs compared to other countries
Centamin invests $25m annually to search for gold outside Egypt
Centamin hopes for opportunity to repeat successful experience of Sukari gold mine
Emirates NDB provides EGP 250m loan to National Port Said Steel Company
Bank grants Suez Canal Authority $100m as part of syndicated loan to buy dredgers for new canal
Egypt increases exports support fund by 92%
The decision will contribute to increasing Egyptian products’ opportunities to compete in global markets and open new export markets
EGX-listed companies, high capital long-term projects most appealing to foreign investors: OBG official
Economic Summit’s success was in impression and image it conveyed, Tashima said
Several businessmen attempted to buy car agency, but failed: Karim Naggar
We will supply Egyptian Ambulance Organization with vehicles soon, says businessman
WCO settles dispute between ECA, German agents in Egypt
The source also pointed out that one of the German companies imports cars at €33,000 and sells them in the Egyptian market at over EGP 1.250m, while the cars’ real price should be about €64,000.
Ministry of Industry postpones car manufacturing strategy
Strategy will be re-discussed in cooperation with the Egyptian Council for Cars, says El-Tobgy
Free zones to be announced at Investment Conference September: Minister
Ministerial committee headed by minister of local development to follow up on preparations for organising investment conference in Upper Egypt, says Salman
Tourism ministry starts blueprinting 185m sqm in South Sinai: TDA CEO
Tourist authority conducted trilateral protocol focusing on operations of land planning in the area of Ras Mohamed and El-Tor
Government studies importing gas from Israeli Tamar field
Security bodies to approve importing gas from Tel Aviv
Oil production at 130,000 barrels on average daily: Shell Egypt
An increase of 20% in production through Assil and Karam project, 50 oil wells to be drilled this year to keep up with the production rates
Ministry of Housing may provide lands in exchange for housing units: Badr El-Din
The Union of Real Estate Developers Law, and a fund for protecting consumers from commercial risks will be discussed, says the Real Estate Investment Division head
Egyptian exports in Africa weak compared to Europe, USA
The agreement was signed with initials, it is practically non-existent, but for now COMESA exists, says El-Gabaly
Government develops popular neighbourhoods to maximise income: Mehleb
First phase of plan includes Darb Al-Ahmar, Gamaleya and Sayeda Zeinab, says cabinet spokesperson
CIB sponsors International Museum Day’s celebration in Egypt
The celebration was held in the National Museum of Egyptian Civilization, and organised by the National Egyptian Committee of the International Council of Museums (ICOM Egypt) in cooperation with Ministry of Antiquities.
Egyptian Arab Land Bank considers establishing real estate investment fund
Bank plans to establish company with an initial capital of EGP 5m
Industrial Development and Workers Bank aims loans portfolio increase of EGP 1bn: Chairman
We target pumping EGP 650m in large companies sector, about EGP 350m in retail, and small and medium-sized projects sectors, says El-Kosayer
Government aims for 15.8% tax revenues growth in FY 2015-2016
Expected tax revenues for FY 2015-2016 are EGP 422bn, through application of VAT and fighting tax evasion
Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla
Expected decline in fuel consumption is 5% during new fiscal year, says EGPC executive chairman
Motivational industrial strategy to advance public business sector: Investment Minister
EGP 5.6bn exports targeted by the Metallurgical Industries Company in FY 2015/2016, says CEO
Shipment of liquefied natural gas arrives in Ain Sokhna
We repay the value of liquefied natural gas periodically: Abdel Badie
Youth launch campaign to boycott telecommunication companies on Thursday
The movement specified the boycott time from 5pm to 10pm, and so far more than 25,000 users intend to participate.
Banks invest over EGP 159bn in fixed income tools in 1 week: CBE
EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury bills
Banque Misr’s Islamic banking branches increase to 35
The bank supplied this branch with all modern equipment to guarantee an outstanding service level for the customer and to help them save time, especially after applying the e-linking system between all the bank’s branches.
Amer Group, international tourism companies coordinate to promote investment
Porto Matruh project built on 338,985 sqm, of which buildings ratio amounts to around 20%, while landscape and roads are about 80%