Latest in Tag: Egypt Highlight
Latest in Tag: Egypt

Amending real estate appraisal comes in favour of state projects: source
Parliament’s economic committee approves new Egyptian criteria for real estate appraisal

Al-Sisi reviews Egypt’s anti-corruption measures before AACF
Corruption represents major challenge for African nations, their aspirations for development

Egypt’s Eastern Desert holds significant amounts of groundwater: study
Researchers use chlorine isotopes to determine age, origin of groundwater

Petroleum Ministry aims to develop 11 gas projects with $18bn investments until 2023
New gas discoveries will contribute to connecting 2bn scf/day to national grid, says source

Egypt prepares site of Dabaa nuclear energy station to start executive work
Industry Localisation Committee approves 183 companies to participate in project

African Anti-Corruption Forum hosts four Arab guests of honour
President Al-Sisi to inaugurate forum on Wednesday

Egypt to boost cooperation with untraditional markets, private sector follows suit
Many difficulties hinder Egyptian goods to access new markets like central Asia, says expert

Global Lease borrows EGP 200m from EALB to finance leasing
Company in process of signing EGP 25m loan with Saudi Financing Fund

Egypt launches electronic portal for visa applications
The Egyptian government has launched an electronic portal to help tourists apply for a visa to its territory

Belarus proposes roadmap to cooperate with military production ministry in industrialisation
The committee discussed the latest developments of cooperation between Egyptian and Belarusian companies in the field of military manufacturing

Palm Hills reports sales growth of 5% y-o-y
“We intend to engage in further securitisation and discounting transactions in FY 2019,” says Mansour

Shorouk Authority reiterates call for public transportation service to city
Shorouk City Authority reiterated its call on the local administration of Cairo governorate to launch a public transportation service linking the city to other neighbourhoods in Cairo

Egyptians defend Syrians against controversial lawsuit
‘Syrian migration to Egypt is the best thing that happened to this country in years,’ says Twitter user

Egypt’s investment promotion programme helped to achieve growth: UfM Deputy Secretary-General
UfM Business Forum to discuss establishing trade agreement between Southern Mediterranean countries

Al-Sisi stresses government must provide all organisational means to AFCON
President met Prime Minister Mostafa Madbouly to tackle preparations for 2019 AFCON

Al-Sisi stresses Palestinian’s legitimate rights in meeting with WJC head
President pointed out strategic relations between Egypt, United States

Safina Shipping Services aims to increase its sales volume to EGP 120m in 2019
Safina Shipping Services plans to increase its sales volume by 20% in 2019 to reach EGP 120m, compared to EGP 100m last year

Fitch Group launches 1st international Credit Academy, certification in Egypt
In its press statement, Fitch said that the choice of Egypt for launching this academy was for various reasons

Receipt of tenders for constructing first dry port in Egypt on July 11
Plan to establish 7 new dry ports in industrial clusters to facilitate exports in progress

International tourist arrivals grow 4% in Q1 of 2019: UNWTO
Total exports earnings from international tourism reach $1.7tn in 2018, says agency

Egypt’s non-oil private sector slightly retracts in May as PMI hit 48.2: Emirates NBD
Bank maintains outlook that conditions will improve as GDP growth bolsters demand

EGX performance in last 10 years catastrophic: Tawfik
Weak efficiency of EGX in creating market for exiting reduces chances of attracting direct investments, says Economic expert Hany Tawfik

Google celebrates Ahmed Khaled Tawfik’s birth anniversary
Al-Karma publishes his latest short story collection

Zohr field production to increase to 2.5bn cu ft of gas daily next July
Drilling well number 11 in project will add 200m cu ft to production: sources

Egypt’s financial leasing companies direct EGP 2.4bn into market end-April
Mortgage finance companies offered loans worth EGP 392.7m during April 2019

MIIC discusses boosting cooperation with Japan
Japan’s cooperation with Egypt is huge including education, antiquities, energy

Al Ahly files complaint against Egyptian Football Association
Sports Arbitration Center to look into Al Ahly’s complaint on Wednesday

Several Sudanese workers arrested as civil disobedience goes into 2nd day
EgyptAir resumed its flights to Khartoum after few days of suspension

Thanaweya Amma ‘Statistics’ exam reportedly leaked
A total of 595,344 students took ‘Economics,’ ‘Statistics’ exams on Monday.

Egypt’s annual headline inflation rises to 14.1% in May
Pundits expect CBE to cut interest rates by year-end