
Egypt non-durable consumer goods imports plunge 19.7% in 5M 2020: CAPMAS
Imports of medicines and pharmaceuticals recorded a decrease of 12.7%
Imports of medicines and pharmaceuticals recorded a decrease of 12.7%
Sales of locally produced items under new initiative are expected to reach EGP 120bn
The move aims to facilitate the financing of their purchase, and to facilitate the meeting of consumer needs.
Moghazy added that the company is looking to increase its investment portfolio, which currently stands at EGP 500m, by EGP 200m. The company is looking to increase the investment portfolio to a total of EGP 700m by the end of 2020.
Drive securitises EGP 425m bonds, and will resume collecting postponed instalments from September
Activities worth EGP 70bn to experience first legislative framework ever
Renaissance Capital, one of leading emerging and frontier markets investment bank, opened its office in Egypt last year. Ahmed Badr leads Renaissance Capital’s MENA business and oversees growth strategy in the region. Daily News Egypt interviewed him to review his valuable insights, as well as RenCap’s latest views on the economy, and its plans going …
‘Urgent measures will be undertaken to complete the evaluation of lands before offering them to investors,’ says Ismail
Hell hath no fury like a consumer scorned and German auto giant Volkswagen has felt the heat again as the ‘dieselgate’ scandal continues to singe sales. But CEO Müller says he’s ‘ready to face up to this huge challenge.’ Global demand for the group’s brands was down to 883,700 vehicles in November, 2.2 percent lower …
The IFA, the year’s biggest consumer electronics show, is kicking off in Berlin. It comes as the industry – except for TV manufacturers – eagerly awaits the holiday shopping season. Every time the IFA gadget show rolls around, TVs seem to have gotten bigger, their displays sharper and the colors they project more intense. By …
Increase in perception of local job prospects, decline in points for and power of investment
Egyptians are cautiously optimistic, says Nielsen regional managing director
Outgoing Prime Minister Ibrahim Mehleb said the government has presented a ‘bold’ budget for the coming fiscal year which will overhaul the energy subsidy system
Egyptians are the most concerned nation about Terrorism
Report shows a drop in confidence in economic policies
Since the beginning of this month, international prices for steel have not changed. Prices stabilised at $615 per tonne of steel and $580 per tonne of billet.