Latest in Tag: News Highlight
Latest in Tag: News
Gaza talks to continue in October: Foreign Ministry
Palestinian reconciliation meetings continue in Cairo

Informal sector volume records around EGP 1.5tn: ECES
Government lost EGP 300bn in potential taxes, according to study
International call for Libya ceasefire
Egypt joins international chorus to end “violence, terrorism and extremism” in Libya

Al-Sisi begins UN visit
President looks to “correct some misconceptions” at the United Nations

Al-Sisi heads Egyptian delegation to UN
President expected to speak at climate conference on Tuesday
2 policemen dead in blast near foreign ministry
Seven people injured in the blast on 26 July Street in Bulaq Abul Ela area
US to deliver 10 Apache helicopters to Egypt: Pentagon
Hagel and Sobhi discuss regional issues, including ISIS

Egypt’s industrial policies discourage employment: World Bank report
50% of Egyptians believe unemployment situation will improve in the next five years, says Gallup survey

National Bank of Egypt hopes to open 200 new branches within 3 years
EGP 150m total savings for bank clients with platinum certificates

No high growth rate without major role private sector: Investment Minister Ashraf Salman
Arrears to be paid to oil companies and feed-in tariffs to be introduced for new energy that will achieve huge investments in 2014-2015

“There is no bond market in Egypt, and any talk of it is ‘pure fantasy.’”
Helal added that increasing the variety of investment packages could attract 50 times more investors than are currently contributing to the project, in addition to creating a broader class of financially literate investors.
Euromoney Conference: Construction and real estate sectors need better governance: Real estate developers
Egypt’s construction and real estate market has growth potential, says real estate company regional director

Industrial sector, investments will rise when Egypt offers preferential treatment to local products: Trade minister
Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour told the Daily News Egypt in an interview for the Euromoney supplement that the law offering preferential treatment to local products will be referred to the presidency in September for approval. The minister, who also discussed the industrial lands and factory issues, stressed that …

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

Ministry of Communications and Information Technology is developing new initiatives to improve services and quality of life
The Ministry of Communications aims to implement unconventional solutions to prompt growth for the telecommunications and information technology sector through adding services within projects in partnership with the private sector. The ministry will use the opportunity represented by the consolidated license to restructure telecommunications, achieve a balance between companies, and expand competition for the benefit of the consumer.

Egypt takes steps to increase Egyptian products in Russia
Industry minister calls on companies exporting to Russia to establish affiliate offices in Moscow to market products

Government to allocate budget revenues in CBE to Suez Canal investment certificates
Ministry of Finance says move comes to ease pressure on the general budget or the Suez Canal Authority after five years

Egypt to invite IMF to assess economic reforms
Ministry of Finance says government will invite IMF before Egypt’s economic summit in February 2015

Abu Ismail sentenced to one year for insulting police
Former presidential candidate jailed for video describing police as ‘dogs’

Egypt pledges support for Ebola fight
Egypt to supply medical supplies and laboratory equipment for Ebola-stricken nations

Al-Beltagy, Hegazy handed 20 years
Former FJP leader and conservative preacher handed lengthy sentences for torturing policemen

Arab foreign ministers discuss regional issues in Cairo
Al-Sisi and Shoukry conduct several meetings addressing regional issues including the situations in Palestine and Syria

FDI doubles to $6bn in 2013/2014
New figures indicate good economic and investment situation in Egypt alongside increased number of companies established

Electricity loads increase 8% annually, cause outages: Former electricity minister
Ahmed Emam says that fuel supplies to power station annually decrease by 6% besides increasing malfunctions of stations due to maintenance works

ISIS must be ‘uprooted’: Endowments ministry
Egyptian ministry says rise of ISIS is phenomenon worthy of study

Council of scholars to provide ‘strategic vision’ for Egypt: Al-Sisi
President says scientific experts can provide a vision for Egypt’s future

Rights group demands justice for reporters killed in Egypt
ANHRI holds police responsible for the death of five journalists

Foreign Minister hosts UN refugee chief
Antonio Guterres praising level of cooperation between Egypt and UNHCR

Abbas begins Cairo visit
Peace process, Gaza reconstruction, Arab League ministerial meeting on Palestinian leader’s agenda

Al-Sisi vows to continue combating Sinai militants
President says security cannot be achieved instantly