Latest in Tag: FEDCOC Highlight
Latest in Tag: FEDCOC
FEDCOC holds meeting with companies participating in upcoming Web Summit
The meeting was chaired by Khalil Hassan Khalil — Head of the General Division for Digital Economy — a number of board members, a representative from the Information Technology Industry Development Agency (ITIDA), and the heads of companies participating in the exhibition, according to a press release issued by the division on Tuesday.
New car licences in Egypt decline 43% in July due to global crisis: FEDCOC
Resolution 9 that regulates car importing stifles exhibitions, leads to shortage, says El Kamony
Egypt on its way to becoming regional centre for digital services: FEDCOC
He also hailed the efforts of President Abdel Fattah Al-Sisi in inviting international companies to establish a presence in Egypt, along with fostering local manufacturing and localising industry.
Egyptian Tax Authority, FEDCOC sign protocol to define procedural rules for collecting tax on gold, precious stones
Abdel Kader pointed out that signing this protocol comes within the authority’s endeavours to correctly apply the provisions of the Value Added Tax Law promulgated by Law No. 67/ 2016 and its executive regulations issued by the Minister of Finance’s Decree No. 66/ 2017.
Gradual decline in prices of vegetables, fruits after government measures to control market: FEDCOC
Al-Arabi praised the government’s decisions to ensure that there is no rise in prices and its attempts to contain price fluctuations in global markets with a package of exceptional measures. These measures aim to quickly and directly contribute to the decline in prices in local markets. He also added that these chambers have launched several campaigns to prepare for the start of the holy month of Ramadan across the country.
Importers wishing to manufacture face several challenges: FEDCOC
Beshay said that the government recently offered importers facilities to convert to manufacturing instead of importing. However, the government did not practically clarify these incentives and facilities, according to Beshay.
FEDCOC forms businesswomen’s committee, eases financing for small projects
Al-Arabi said that the committee will contribute to achieving a set of economic and social goals that are in line with Egypt’s vision for economic growth 2030.
Executive framework of African Economic Integration Initiative finalised: FEDCOC
Initiative comes as part of optimal exploitation of Africa’s natural resources, developing intra-African trade
Egypt holds international meetings to boost exports, tourism, FDIs
Over 10 virtual conferences gathered Egypt with China, EU, Ukraine, South Korea, and UACCIAP members
Egypt produces 85% of its pharmaceutical needs: FEDCOC
Egypt produces about 85% of its pharmaceutical needs locally, and imports only 15% from abroad, according to Ali Auf, Head of the General Division of Drug Traders at the Federation of Egyptian Chambers of Commerce (FEDCOC). Auf added that manufacturing what Egypt imports locally requires extensive technology and has special specifications, which are not currently available in the country. He elaborated that oncological drugs cost about EGP 200,000per patient, …
FEDCOC launches initiative to develop Egyptian-Russian economic relations
It aims to turn Egypt into hub for re-exporting Russian products
Chambers of Commerce announces measures to support tourism, development in South Sinai
New measures will work on activating domestic and conference tourism in governorate
Egypt telecom regulator holds symposium for stakeholders on market controls
NTRA stresses importance of new digital portal for import, licensing services
Federation of Commerce Chambers lends support to SMEs in 3 governorates
FEDCOC signs cooperation protocols with Egyptian banks to provide easy financing mechanism for youth
Calm dominates FEDCOC’s Automotive Division elections
Number of candidates in Automotive Division elections is low: Auto expert Montaser Zaytoun
Home computer sales surge 15% due to COVID-19: FEDCOC
Most sales took place via Internet during first three months of 2020
Egypt’s Importers Division reports sector’s problems to FEDCOC
Indicative prices relating to Egyptian customs have caused significant local price hikes, especially for low-income consumers, says Division of Importers member
FEDCOC invites Cairo Chamber to cooperate on “Digital Future” initiative
The initiative was set up and launched by the Digital Economy Division at the Cairo Chambers of Commerce, in cooperation with the Ministry of Public Enterprises Sectors.
Chambers of commerce to submit conceptualisation for shop closing times to FEDCOC
Commercial shop closing times are being studied in coordination with concerned authorities and governorates
Public Enterprise Sector Ministry, FEDCOC, FEI, to cooperate on digital transformation
Protocols will see Egyptian products promoted through online platforms
PM Madbouly holds first meeting of ‘stimulating investment ministerial group’
Businesspersons suggest collaboration with international marketing companies to promote the country’s investment opportunities
FEDCOC to consider a number of initiatives to control prices in 2020
Al-Arabi said that the FEDCOC coordinates with the Federation of Egyptian Industries (FEI) to encourage producers and importers to provide sufficient quantities of initiatives to meet needs of Egyptian market at discounted prices.
Ibrahim Al-Arabi wins elections for FEDCOC presidency
The FEDCOC announced the results in the presence of 35 people with the right to vote. Al-Arabi got 21 votes while the former president of the FEDCOC for the previous two terms got 14 votes.
New offerings will attract new investors, new capital into Egyptian market: head of securities division at FEDCOC
Market anticipating offering of petroleum companies, banks’ stakes, marking turning point for Egypt’s economy
FEI, FEDCOC, Parliament dispute on financial fines, prison sentences in consumer protection law
The Committee introduces penalties amounting to 5 years imprisonment, FEI, FEDCOC reject
Visa, FEDCOC launch first Egypt Card Security Week
Week-long consumer education campaign is to promote safe online shopping habits and protection against different types of payment-related frauds
FEDCOC urges parliament to solve high lending interest rate issue
The implementation of social and middle-class housing units will start within a week, Badr El-Din says
FEDCOC division prepares plan to develop SMEs through Tawtin initiative
Final preparations to be finished within one month, according to Salem
FEDCOC studying with Algebra Ventures financing startups and entrepreneurs
Khalil Hassan Khalil, board member in the Federation of Egyptian Chambers of Commerce (FEDCOC) and head of its General Division of the Digital and Electronic Economy, held a joint meeting with the leaders of risk investment fund “Algebra Ventures” and the six Egyptian companies that took part in the CES exhibition in Las Vegas in …
Turkish investors pledge double investments in 2017: FEDCOC secretary general
Turkish companies consider reviving projects stalled since 2011, says El-Wakeel