Latest in Tag: Economy Highlight
Latest in Tag: Economy
Al-Sisi meets African environment ministers
Ministers met on the side lines of AMCEN 15 organised by UNEP in Cairo
African environment ministers return to Cairo after 30 years
The 15th AMCEN summit runs throughout this week
Economic Summit: Egypt’s economy in dire straits
The touchstone here is what comes after the conference, especially in the nature of companies that can invest in a country like Egypt, one that is on the brink of a political explosion
Air Defence, Al-Sabbagh officials will be held accountable: Al-Sisi
In 40-minute speech, president addresses Libya airstrikes, admits there may be innocent people in jail
SODIC targets coastal investment before 1H of 2015
Company eyes both Ain Sokhna and the North Coast
15 real estate development companies compete to establish food court in Mövenpick El-Haram: Company official
Amer Group, Al-Hokair, Wadi Degla, Palm Hills, Al-Futtaim are the biggest companies in the competition
3 investment banks promote 11 developmental projects for Economic Summit
Global Swiss bank expressed desire to participate in marketing Conference’s investment projects
Commodity prices stable, prices drop: Minister of Supply
The minister pointed out that enough quantities of cooking oil have been contracted to suffice for consumption till the end of July – a total of 172,000 tonnes – with a value of EGP 1.5bn. A supply of Brazilian poultry, 23,300 tonnes, was also contracted.
Russians lead tourist flow to Egypt in 2014 with 3m tourists: Ministry of Tourism
Ministry seeks to increase Russian market share by intensifying promotion methods
Bilateral trade between Cairo, Moscow registers $4.5bn in 2014: Putin
Free trade, Egyptian exports increase mark Cairo-Moscow economic relations
Al-Kharafi Group’s Egypt investments will not be sold: Company official
Al-Kharafi Group to establish 1,800 hotel rooms in Marsa Alam within next two years with investments exceeding EGP 2bn
CEOs view 2015 world economic growth with less optimism: PWC
Over-regulations, availability of key skills and government response to fiscal deficit and debt burden are among the main concerns in 2015
Building the Arab knowledge economy
By Omar Khedr Beginning on 28 January, Cairo will play host to publishers, authors, literary agents, as well as avid readers from around the world. Brought together by the Cairo International Book Fair, the oldest and largest book fair in the Arab World, these participants will explore potential partnerships, learn best practices from each other, …
Tivoli Dome to launch branches in 5 countries in Middle East
Egyptian food court achieved profits equivalent to 90% of its total expenditure in 2014
Egypt-Qatar ties improving, though disagreements persist
“We will wait and see, but there is no meeting decision with Sheikh Tamim bin Hamad,” says Al-Sisi
Egypt seeks pivotal role in energy trade: Al-Sisi
Following 25 January Revolution, Egypt has suffered from recurring power cuts
Minor rockslide following evacuation in Manshiyet Nasser
“We forced people out to save their lives,” says official
Can Al-Sisi boost the economy with national projects?
The Egyptian regime has, on an irregular basis, relied on major national projects which contribute to boosting the economy and the economic development and raise operation rates. Although some projects failed, the Egyptian dream is still hoping to create a national project. Can the current regime during Al-Sisi’s rule fix the economic growth through national …
Cairo’s small business owners hope for stability, skilled workforce and clear-out of bureaucracy in 2015
Mixed year for efforts of city’s start-ups, but optimism about coming year rides high
Governor reshuffle to take place in January: Al-Sisi
President also discussed latest economy and security developments with editors of state-owned newspapers
Egypt vulnerable to adverse global economic developments: IMF Mission Chief
Egyptian authorities design good macroeconomic and reforms programme ahead of March 2015 economic conference, says Jarvis
Al-Sisi invites Chinese inventors to March Economic Summit
Al-Sisi said the Egyptian economy was in a “very difficult position” 16 month ago, with inflation reaching its highest rates, international agencies lowering the country’s credit ratings, and the fleeing of foreign investments.
Fitch Raises Egypt’s Credit Rating to ‘B’
At end of 2014, national debt stood at 90.5% of GDP, and is set to drop to 85.8% of GDP by the end of the FY 2015-2016
Egypt looking to mend economy with energy moves
By Oxford Business Group Egypt has been making impressive progress in straightening up its balance sheet in recent months. Steep cuts in energy subsidies coupled with a drop in world oil prices have given the Middle East’s most populous country some fiscal breathing space, following three years of increasing budget deficits, mounting debt and …
Opportunities, challenges for investment in Egypt’s renewable energy sector
‘Invest in Egypt 2014’ conference kicks off in Abu Dhabi, amid speculation on the country’s potential for green energy
Clear economic vision is big challenge for Egypt in 2015: EFG-Hermes Head of Research
Egyptian market is, however, the most attractive in the Arab world due to potentially high returns on investments
General picture of the Egyptian economy mixed during IMF visit
Lagarde added that the conflicts in the Middle East and North Africa will have serious economic implications not just for the region, but the entire world.
Emirati, Saudi parties largest investers in Egypt: Investment minister
Government will resolve the majority of disputes with investors before economic summit in March, says Ashraf Salman
Egypt, China set to launch strategic partnership
President Al-Sisi scheduled for China visit in December
$500m repaid to Qatar: CBE governor
Egypt will refund $2.5bn at beginning of November says Hisham Ramez