Latest in Tag: Business Highlight
Latest in Tag: Business
Security is key to the UAE’s freedom
By Khalaf Ahmad Al Habtoor “The price of freedom is eternal vigilance,” said the 18th century Irish politician John Philpot Curran. I could not agree more, especially when there are so many unscrupulous people abusing their freedom to create violence and anarchy. Sadly, troublemakers and crazies have succeeded in turning parts of the Middle East …
Egyptian products to be marketed in Africa: Abdel Nour
Ministry finalises comprehensive plan to increase its trade activities in Africa
OCI NV holds discussions for possible transactions
Construction company did not provide further details on combinations and transactions under discussion
Transformation in business critical to cope with digital age: EMC study
96% of surveyed business leaders thought technologies have altered rules of business
Transformation in business critical to cope with digital age: EMC study
96% of surveyed business leaders thought technologies have altered rules of business
Mohamed Salah’s crisis with Fiorentina
After Salah’s great goals during the Italian League and the Europa League, and after the outstanding rates he recorded with Fiorentina, suddenly crisis erupted.
Tourism Ministry requests its foreign offices intensify promotion of Egypt: Ministry official
Tourist numbers who visited Greece over past year exceeded 17 million tourists, making Egypt’s chances strong in attracting a large number to the coasts
EGP’s devaluation will not positively affect travel flow to Egypt: Tourism experts
Dollar increase against EGP leads to increase in food prices
Sweeping reform proposals for Greece crisis to be delivered before Sunday: Tsipras
Referendum held as obligations set by creditors were not generous enough to justify Tsipras crossing more red lines, says Merrill Lynch report
Egyptians show interest in innovative products: Nielsen
Preference goes to products from well-known brands that have proven their quality
Juhayna, Arla Foods partnership aims for €100m sales by 2020: Juhayna Chairman
Sales activities for new company Argo for Food Industries to be launched in October, says Safwan Thabet
Executive rule of law postponing EGX tax to be presented to Al-Sisi within days: Investment Minister
Decision to postpone EGX tax is necessary to deepen Egyptian market, which is still recovering, says Salman
51 land parcels allocated for solar, wind energy generation stations: Sobky
Purchase agreement, linking costs with investors to be signed in August
Egypt’s stock indices slump, loses EGP 6.42bn
EGX-30 drops 2.6% on Wednesday
EGP 597bn total local outstanding treasury bonds balances by June: Finance Ministry
$5.75bn in bonds were launched in international markets from September 2005 to 11 June 2015
Government takes steps to prevent tax evasion
Ministry of Finance plans to increase tax revenues for fiscal year (FY) 2015-2016 to EGP 422bn
Negm, TE dispute settles unified licence file
It started with the TE administration’s objections to the reduction of the infrastructure rental rate for Internet service providers.
E-Finance collects EGP 130bn in taxes for Finance Ministry: CEO
80% of value was through activating Egyptian Customs Authority’s tax collection system, says Ibrahim Sarhan
EGPC, Rosneft sign agreement for oil products, LNG shipments
Minister of Petroleum Sherif Ismail said that signing the two agreements is a mutual cooperation between public companies in Egypt and Russia.
Dim international and domestic news pushes EGX down
EFG-Hermes unlikely to use stabilisation fund to support Emaar Misr’s stock in next 30 days, an official said
No reconciliation sessions between EATC parties, final word is for the court: Ezz Eldin
Poor performance and financial manipulation are most notable issues affecting EATC
Car sales decline in May
Overall car sales in first five months of 2015 increase compared to last year
EGP 12.246bn increase in banks’ deposits, EGP 16.8bn in loans last April: CBE
The CBE added that the household sector acquired EGP 75.9bn out of the total deposits of banks’ customers in April, where its deposits registered EGP 1076.371bn during that month compared to EGP 1062.607bn during March.
Dollar to officially jump to EGP 8.01: Dcode EFC
Widening gap between Egyptian, foreign inflation rates, decrease of Euro exchange rate against Egyptian pound, will push CBE to depreciate local currency
Ministry of Tourism sets cost of participating in 3 international exhibitions at €2,500: ETAA
The three exhibitions will be held in Germany, Russia, and Spain, since 72% of the annual tourist flow to Egypt is from Europe
EATC organises annual meeting, suppliers currently stand by board of directors
The meeting discussed the current ongoing dispute in the Egyptian automotive market, especially the increasing demand by consumers on the company’s models and the lower import volume from the agent.
Qalaa Holdings signs initial agreement to exit Misr Glass Manufacturing Company: Official statement
Qalaa indirectly owns 15.18% of Misr Glass Manufacturing Company
New budget of EGP 5bn allocated to Cairo Capital project: Housing Minister
NUCA adopted new budget for current fiscal year (FY) 2015/2016, with a value of EGP 33.2bn, says Madbouly
Emaar Egypt shares decline to EGP 3.71 per share
The shares declined amid active trading exceeding 77m shares, at a total value of more than EGP 303.9m
Dollar price against Egyptian pound stabilises, market anticipates CBE’s next step
CBE moved to raise the dollar to limit imports, says CBE Governor Hisham Ramez