Latest in Tag: Business Highlight
Latest in Tag: Business
243% increase in World Bank support to Egypt
The World Bank is financing Egypt with five loans for developmental and services projects this year.
Egypt Post studies implementing workersâ innovative ideas
“Invest Your Ideas” aims at improving authorityâs services, says official
Vidmy plans to attract 5,000 Arab clients by year-end
Revenues for customers are through video advertisements on their pages, says CEO
300% growth in Travelstart Egypt sales in 2014: Regional manager
Website visitors increase to 1.2 million during 2014 results in revenue growth
EGX plans lowering listing fees
EGX chairman says it is to maintain capital marketâs competitiveness
Final draft of Suez Canal investment law grants broad powers to SCA: Investment ministry
The Ministry of Transitional Justice is revising the draft to be sent to Al-Sisi for approval, expected to take place soon, says Salman
Oil price will break $70 barrier next winter: Expert
Reduction of subsidies bill for FY 2014/2015 to EGP 60bn, says petroleum expert
6 things that Egypt can do to boost tourism
By Thomas Doherty President Al-Sisi has repeatedly emphasised the importance of the tourism sector. The head of the Egyptian Tourist Authority Samy Mahmoud said he wants to target the Asian and Russian markets, and the former head of the Federation of Tourism Chambers Elhamy Elzayat has called for more investment in tourist infrastructure. Tourism will …
Total to open two petrol stations this month, aims for 10 stations in 2015
âWe provided our stations with the special machines for distributing fuel by smart cards,â says PR Manager
EIM raises Kia price by EGP 6,000 in April/May
Delivery time for Renault Stepway is seven months
Ford to launches 2 new cars in next few months
âOur decision depends on the countryâs vision for the automotive industry,â says Sivagnanam
Volkswagen, Audi working at full capacity: Former chairman
The businessman emphasised his complete respect for the judicial decisions against him, but added that he had appealed the decision to dismiss him from his position.
Dollar exchange rate forces increased automotive prices
Sector workers cannot keep up with increase in taxes and customs
Communications Minister demands NTRA negotiate with internet companies to reduce prices
They also demanded improving service quality, and investigating the possibility of cancelling the application of the fair usage policy on services.
E-Finance, MFF sign mutual cooperation agreement for e-payment services
Agreement benefits MFF and beneficiaries of its services, easy and quick inquiry and payments via different means that fit different needs
Georenco, Hareon Solar to establish solar energy station for $75m: Georenco Chairman
âŹ50,000 to train students on devices that measure solar cells in Fayoum and South Valley Universities
Finance ministry reconsiders tax increase on beans and falafel
Beans consumption amounted to EGP 1.8bn during Ramadan alone, there are over 2m bean carts in Egypt, says NCFPMAC
Egypt targets $6bn-$8bn FDIs for FY 2014/2015: Salman
Stock exchange tax must be stopped to deepen the market, executive regulation of investment law to be ready within a month, says Salman
$50m to open first gypsum board factory in SuezÂ
The plant production capacity is 15m sqm of gypsum, 90,000 tonnes of gypsum products and 25m matres of metal cutters
Financial policies most powerful tools to enhance Egyptians’ lives: Finance minister
The government has a clear plan to implement the 22% tax upon new tax returns, says Hany Kadry Dimian
60m cubic feet monthly gas production cannot be compensated: EGAS official
Egyptâs current production is at 4.35bn cubic feet, says senior official
Egypt-based 300 Years History to develop Safari Park for $1.1bn
22.36% housing ministry share to be recovered within 10 years, project implementation will take five years
FEB holds workshops with small companies to study financing processes: EUC member
The financing process has great importance for survival of small and medium-sized construction companies, says Daker Abdellah
NUCA, housing ministry meet to resolve âBeit al-Watanâ land parcels issue
Rage among âBeit al-Watanâ applicants due to governmentâs evasiveness
APU to establish 16 commercial chains, modern markets in Egypt
Six modern markets will be inaugurated this year in Cairo, 10 markets in other governorates will be completed in two years
Vodafone invests EGP 4.5bn to develop its technological sector: Tech Director
EGP 420bn to buy electric generators and additional batteries to prepare for power outages, says Said
UAE grants Egypt 50,000 social housing units
Housing units set to serve 350,000 low-income citizens in 17 governorates
Central Bank of Egypt leans on currency devaluation
By Oxford Business Group A series of moves by the Central Bank of Egypt (CBE) to devalue the pound and limit dollar activity are expected to help shore up foreign reserves and eliminate black-market currency trading. The controlled devaluation of the currency earlier this year from EGP 7.14 to EGP 7.62 to the dollar has …
Global banking is HSBCâs priority in Egypt: Blanchet
HSBC launched in April its second International Growth Fund, worth EGP 300m, to support SMEs
NBE aims for 10% growth in all bank indicators: Okasha
Deposits portfolio at $11bn for foreign currencies by the end of March