Latest in Tag: The daily News Egypt Highlight
Latest in Tag: The daily News Egypt
OCI MENA BV buys stake in OCI SAE worth 12.5bn
The purchased stake account for 23.425% of companyâs total shares, total number of shares bought by OCI MENA is 48.94m
Real opportunities for growth in Egypt: Dcode EFC Report
Whereas in the Q3 of FY 2013/14, real GDP growth registered 2.5%, it jumped to 6.8% in Q1 of FY 2014/15
Egypt Air first in Africa granted green light to apply âFast Travelâ programme
The âFast Travelâ programme allows passengers to perform their travel arrangements via self-service channels
600m investments for large-scale medical project: Al-Rajhi
Series of investment agreements to be signed on 31 January in second annual Saudi-Egyptian Businessmen Association ceremony
TE provides infrastructure services worth EGP 15bn to Vodafone, Mobinil
TE offers international telecommunications services for mobile operators as commercial alternative instead of their obtaining international gateways licence
Russian, Italian, Spanish offers to invest in Global Logistics Project
Since announcement of project, Egypt has received offers from several countries seeking to invest in project
Egypt Dairy to be re-operated: Hanafy
Re-operating Egypt Dairy is possible however investments and modern equipment are needed, says former company president
âTahya Masrâ Fund under microscope
Special Year End 2014 Feature: The âTahya Masrâ (âLong Live Egyptâ) Fundâs donations did not exceed EGP 5-EGP 6bn, according to President Abdel Fattah Al-Sisi in late December 2014. The revelations were published in state-owned Al-Ahram newspaper, where Al-Sisi added that in the upcoming period Egyptian media will have a major role in elevating the …
EGP 44bn total debts of Electricity Ministry go to Petroleum Ministry
Finance Ministry pays 50% of monthly electricity bill the Electricity Ministry consumes due to an agreement made between three ministries
No export restrictions from Russia on Egypt
GASC recently contracted to purchase 300,000 tons of wheat from France and Russia for subsidised bread
67,378 tons of expired food commodities caught in November
Minister of Supply stressed that inspections will continue to intensify control over markets
Photographs capture reactions as âSpidermanâ comes to Egypt
A question popped into a group of friendsâ minds and they decided to see the answer for themselves: âWhat if Spiderman landed in Egypt?!â
Egypt strengthens relations with India and Greece
International cooperation minister looks to build on previous cooperation to increase economic and investment ties
Cement prices stable: Supply minister
No ministry obligation to stabilise prices, cement prices vary according to market changes, says Suez Cement chairman
Fawry changing the culture of payment in Egypt: Top management
Daily transaction rate has gone up from 1,000 per day by the end of 2009 to over 1m, says CPIO
Sudan to invest in Damietta logistics project
This is the first official agreement for investment and cooperation in the logistics project signed with another country, says supply ministry
High optimism among Egyptian consumers: MasterCard index
Consumer confidence has grown significantly since the new presidential elections in 2013, with Egypt slowly beginning to get back on track and achieve more economic stability
Inflation rate rose by 0.7% in October
Higher energy prices may be driving inflation, says former IMF assistant
Anti-Protest Law activistsâ appeal verdict set for 28 December
Defendants appealing against sentences for violating controversial Protest Law in June near Presidential Palace
10-15% growth targets in government sector: Al-Kharafi Group
Egypt consumes 75% of domestic production of the Arab Company for Computer Manufacturing, the remainder is exported, says Al-Kharafi Group marketing manager
Italy, Egypt cooperate in global logistics project
Global logistics centre to start in December, commercial and shopping area project to start soon
EGAS, Hoegh sign LNG agreement
Norwegian firm beats Malaysian, American and Dutch companies to win international tender
Prosecutor general leads fight to reclaim smuggled money
Prosecutor General Hisham Barakat is participating in the third session of the Arab Forum on Asset Recovery in Swiss capital Geneva, said a statement by the prosecutorâs office. Barakat arrived in Switzerland accompanied by a high level judicial delegation, in an attempt to recover money smuggled out of the country by former Egyptian officials …
4% increase in MENAP economic activity expected by 2015
Countries in MENAP region (Middle East, North Africa, Pakistan and Afghanistan) were resisting growth due to socio-political problems and regional conflicts
Colouring the grey city
Students launch a campaign to colour walls and stairs in Cairo
RO-RO agreement not to be renewed
The Egyptian government made a decision not to renew the agreement with turkey after it ends in April 2015.
Ibrahim Mehleb to patronise the First Builders Forum 2014
This yearâs forum will focus on âThe strategy of reconstructionâ
SODIC to invest up to EGP 2.5bn in Egypt real estate
Earlier this year SODIC agreed to pay EGP 900m to the Egyptian government over seven years after reevaluating the East town project in Cairo.
Notable increase in agricultural exports to Russia: Ministry spokesman
Industry minister will visit Kazakhstan next week to reinforce economic relations
Students propose recycled building material as solution to slum housing problem
Development project aims to build a community centre out of cheap, durable material