Latest in Tag: prime minister Highlight
Latest in Tag: prime minister

Mehleb inaugurates AOI’s PV solar panels production line
The organisation is currently preparing for the establishment of a 50 MW solar plant in Beni Suef

Al-Sisi discusses infrastructure, railway cooperation in Hungary
Egypt and Hungary signed an agreement in 2013 to develop trains

Mechanisation of public wages to stimulate economy: Visa Egypt director
Around 6.5 public employees will be offered this service

$500m to launch 750 MW capacity Banha power station
Station operates through combined cycle system, allowing production of one-third of energy without using extra fuel

Halting capital gains tax means government supports investment climate: Omran
Prime Minister and Minister of Investment opened Monday’s trading session

Mehleb approves land in Maadi for Majid Al Futtaim project
The UAE-company’s five-year plan for Egypt includes investing EGP 3.9bn in the City Centre Maadi expansion
Former PM Nazif’s graft charge retrial postponed to May
Nazif’s previous prison sentence was overturned in a series of corruption acquittals

Ministerial committee to work on Egyptian-African relations: Mehleb
Committee responsible for following up on bilateral relations between Egypt and African countries, developing and deepening relations in different fields, says spokesman
Productive families’ exhibition to be officially launched Tuesday
The exhibition opened to the public unofficially on Saturday and continues until 21 April

Government founds joint-stock radio company
Company to “commercially” manage radio stations and frequencies that transmit through FM frequencies owned by ERTU
EFCBC submits memorandum to Cabinet on diesel shortage: EFCBC member
Diesel shortage is delaying implementation of construction projects, says Abdellah
Prosecutor General accuses policeman of Al-Sabbagh’s killing
“Authorities intransigent towards defence lawyers and Al-Sabbagh’s colleagues,” says lawyer

Al-Sisi to issue governorate demarcation decree, cabinet approves final draft: Local development minister
An invitation to all banks for national plan fund for governorate developments, youth job opportunities

Russia, Egypt to cooperate in Dabaa nuclear power plant, Russian tourists return in force: Russian Economy Minister
Ulyukayev said cooperation with Egypt will not be limited to the power plant, but also in delivering technology and staff training.

Egypt implements sustainable growth policies through investment law reforms: PM
Investment, tax laws issued in last few days, which increase country’s attractiveness to foreign capital

Saudi Arabia, UAE, Kuwait strong backers of Egypt’s economy
Overview of Gulf aid to Egypt in the new era

Public entities debts to EGPC amount to EGP 195bn by end of January: El Molla
Prime Minister Ibrahim Mehleb formed a committee to fix the current financial issues between the Ministers of Petroleum, Finance, and Electricity.

European delegations analyse projects during Economic Summit: Akram Tinawi
Dollar crisis will soon end during the next period, funding economic activities will be priority, says Director of Arab Banking Corporation
Government approves draft investment law improving business environment: Cabinet
The Cabinet agreed during its weekly meeting Wednesday, on the draft presidential decree regarding the draft investment law, according to a Cabinet statement. The statement added that the draft law includes a bundle of legislative amendments to stimulate investment in Egypt. “During the preparation of the law, there were communications with the civil society, the …
Government limits collection of value of commodities, services to EGP: Cabinet
Prohibition does not apply to tourists in Egypt, said Cabinet spokesperson

‘Egypt is Close’ campaign to support inter-Arab tourism
Campaign will be launched by specialised company, expected to continue for three months, says Tourism Minister

Mehleb calls for new Port Safaga completion timetable in June: Cabinet
Total area of port after development reaches 825,000 sqm with total circulation of 8.5m tonnes, marine energy accommodating 1.3 million passengers annually
Kaki demands Egyptian government refund EGP 1bn
Kaki Group would not terminate its Egypt investments despite smear campaigns led by former employees of the company, says Kaki Group owner
6 Egyptians killed in eastern Libya bombings
“Islamic State” claims retaliatory attack against Libyan government and Egyptian airstrikes
Egyptian-Kuwaiti partner in several sectors with investments worth $6.8bn: Cabinet
Projects are being studied and funded within the partnership, some might be established in Suez Canal, says ECHEM head
Kuwait fund studies 2 electricity sector projects applications in Egypt: Cabinet
Kuwait visit to agree on investment cooperation and consultation speeding up dispute settlement disputes regarding Kuwaiti investors, said Al-Qaweesh
Conference supporting Egyptian economy to be held in Kuwait
Preliminary conference to be held in last week of February for two days in Kuwait to discuss and present investment opportunities in Egypt

Unemployment plan to provide training to over 1 million workers: Mehleb
Hope is to build accurate labour market database including unemployment rates and distribution according to age, qualification, and gender

Cabinet extends North Sinai curfew by further 3 months
Curfew was scheduled to end on 25 January

Japan to provide Egypt $360m in energy, infrastructure and technology aid
$200m as Japanese financial support for countries fighting ISIS, says Shinzo Abe