Latest in Tag: Private sector Highlight
Latest in Tag: Private sector
Tourism ministry to form advisory council of travel companies and hotels: Zaazou
Advisory council to assist tourism minister with practical experience
Government looks to restore confidence in economy: Finance minister
Hopes to restore confidence in Egypt’s economy through tax legislation, reducing budget deficit
Public banking exemption from Suez Canal certificates ‘necessary’ to maintain liquidity’: Arabiya Online chair
The government’s drive to fund the Suez Canal project through investment certificates is raising fears that private sector banking will be pushed out
Government targets 67% GDP share from private sector
In past three years, private sector’s contribution to GDP was 60%, down from 65% registered in 2011
Greater rational liberalisation key to enhancing Arab economic competitiveness: Chambers of Commerce head
FEDCOC organised a conference on Monday to identify aspects of economic integration between countries of the Arab region.
Private sector minimum wage negotiations to start next week
Economic struggle of businessmen to be taken into consideration when setting the minimum income for private sector companies
Sawiris: My family will pump billions of dollars worth of investments into Egypt following the 30 June uprising
Sawiris further said in a statement made to Reuters that Morsi sought to reign in and contain a number of Egypt’s leading businessmen and companies through the imposition of stringent new tax laws due to their position as members of the country’s opposition.
Mona Makram Ebeid: IMF representatives reinforce the need to build a new strong economy within Egypt
IMF officials reinforced the need to encourage the growth of a strong new Egyptian economy rooted in the private sector, and build on competition instead of favouritism.
Ministry of Sport: Five new PPP ‘sport city’ projects announced
“We want to forge partnerships with the private sector,” says Minister of Sport Mostafa Azzam
Drake and Scull seek entry into oil and gas sector
Company will pursue “promising opportunities” in Egypt’s domestic oil and gas markets with private and public sector strategic partnerships
Foreign reserves’ movement defies all expectations
By Mohamed Salah Against all expectations, the Central Bank of Egypt announced yesterday that the country’s foreign currency reserves fell by $84 million in September, but remain above the barrier of $15 billion. The international reserves, which reached $15.13 billion in August dropped to $15.04 billion by the end of September as reported by the …
Banks lend more attention to financing the private sector
The significant reduction in bank loans to the petroleum and electricity sectors has opened up the chance for other economic sectors in need of financing.