Latest in Tag: FEDCOC Highlight
Latest in Tag: FEDCOC

FEDCOC, ITIDA launch initiative to link international and local companies
Size of IT market in Egypt to reach EGP 26bn by 2020, says Afifi

Size of Egypt’s technology market to reach EGP 26bn by 2020: Afifi
Devices represent about 50% of the market, while services represent about 30%, and software represents 20%

Industry and Trade Ministry holds meeting with concerned ministries to study new costs of transporting food products
Industry and Trade Minister Tarek Kabil was commissioned by the prime minister to hold a meeting with Transportation Minister Galal Saeed, Supply Minister Mohammad Ali Meselhy, and President of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed El-Wakeel to study the fees for transporting food products following the increase in the prices of …

Government to determine commodity profit margins with FEDCOC, FEI next week: Prime Minister
Government in full coordination with CBE to overcome the US dollar crisis

Chambers of Commerce to limit imports to production inputs, basic goods for 3 months to preserve US dollars
4.3 million traders expected to stop buying US dollars for 2 weeks in a bid to stop further appreciation

Prime minister, FEDCOC to meet over security raids against factories on charges of trading sugar
Police measures will lead to a severe shortage in goods and threaten investments, says Ezz

Housing Minister, Real Estate Investment Division of FEDCOC to discuss real estate developers’ union draft law within days
Businessmen and real estate sector’s representatives unanimously approve the initial draft

FEDCOC investors focus on low to median housing and Real Estate Developer’s Union Law
The FEDCOC seeks to add 500,000 housing units and prompt action on the union’s law by year’s end

Real estate division requests amendment of Article 34 of executive regulations
Companies that implemented 85% or more of projects should be exempted from additional payment for any delays

FEDCOC submits memo to Minister of Supply to cancel deposit maximum: Sources
CBE decreased EGP exchange rate against the dollar by 10 piasters on Thursday
Egypt to host Economic Investment Conference in November
Conference will be attended by Arab, African and European business institutions and leaders
EDBE seeks to finance exporters to Russia: ERBC Sec-Gen
Egypt was not a destination for Russian investors during past 20-30 years, Ezz noted

Joint discussion with Russia to manufacture civilian airplanes: ERBC Sec-Gen
Egyptian agri-food exports doubled after US, EU boycott of Russia, according to Alaa Ezz
FEDCOC, EU representative discuss reinforcing cooperation
FEDCOC presents economic and political roadmap, procedural and legislative reforms, investment opportunities

Leaders, businesses confirm Economic Summit attendance
Prime Minister Ibrahim Mehleb invited businessmen and investors to participate in Egypt’s Economic Summit and urged them to pump more investments into the country during his visit to the Dubai Government Summit in February.

Russian deal will make Egyptian products more competitive, increase tourism and trade: Russian-Egyptian Business Council member
Government sources confirm sufficiency of Russian tourism in Egypt, despite tumble in value of rouble
Economic conference to be held, over 1,000 business leaders to attend
Prime Minister and ministers of the economic, legislative, and infrastructure group will showcase investment opportunities
Alexandria chamber donates EGP 13m for development projects
Projects foundation for Social and Economic Centre to develop Alexandria, which the chamber is launching in cooperation with the armed forces

Egypt must apply economic lessons from Asia to the Suez Canal project
The Egyptian cabinet is currently considering a range of amendments to trade regulation legislationin an attempt to attract both Arab and foreign investment

FEDCOC Securities Division to challenge stock market tax: Division member
Securities Division intends to appeal tax on stock market, claiming double taxation, as cabinet refers law to President Adly Mansour

Egyptian governorates to be surveyed for investment opportunities to present at Jeddah
Investment opportunities in Egyptian governorates will increase Saudi investment and promote sustainable development, says President of the Federation of Egyptian Chambers of Commerce (FEDCOC).

Trade and Industry Minister discusses Bali Package with business organisations
The Bali Package, approved in December during the 9th Ministerial conference of the World Trade Organisation (WTO), includes documents on trade facilitation that entail speeding up the procedures for clearing customs at ports, which often present significant delays and costs, especially in poorer countries.

Troubled Egyptian- Turkish trade relations: FEDCOC
The economic ties between the two countries are under threat after the Turkish Prime Minister’s comments regarding Grand Imam of Al-Azhar Ahmed Al-Tayeb