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Banks given chief responsibility for promoting economic summit projects: Investment minister

  /  November 17, 2014  /  Business  /  No Comments

Al-Sisi to promote political, economic, and legislative changes in year-end foreign tour

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6th October Agriculture Company outlines land leasing

  /  November 16, 2014  /  Business  /  No Comments

Company has leased land to several agricultural companies for food production

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6th October Co. for Agricultural Products has largest pest-free area certified by EU

  /  November 16, 2014  /  Business  /  No Comments

The area is expected to produce 30-40% of Egypt’s potato exports to the European Union, says Ahmed Maraay

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6 October Co. for Agricultural Products undertakes huge desert reclamation project

  /  November 16, 2014  /  Business  /  No Comments

Approval pending for construction of third irrigation line at a cost of EGP 120m

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The Bank of 20XX

  /  November 15, 2014  /  Business, Opinion  /  No Comments

It started with the ATMs because they broke many banks’ assumption that their customers transacted all their bank business in their own branch.

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Tunnel authority receives EGP 9bn for metro line expansion

  /  November 12, 2014  /  Business  /  2 Comments

Authority needs over EGP 80bn in funding for wider expansion of Egypt’s metro system, says Chairman Ismail El Nagdy

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Non-payment court cases total EGP 128.7m: CAPMAS

  /  November 12, 2014  /  Business  /  No Comments

The value of “protesto” cases has decreased by 0.23% in past year

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US business delegation meets President Al-Sisi

  /  November 10, 2014  /  Business  /  No Comments

An American delegation will visit Egypt again in March 2015 to attend the economic summit

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Kuwaiti investors threaten Egypt with lawsuit over land, accuse government of “lack of seriousness”

  /  November 9, 2014  /  Business  /  No Comments

Dispute frustrates efforts to revive confidence in the economy, says lawyer Hany Sarie-Eldin

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Shell will not proceed with deep water research, exploration in Egypt

  /  November 9, 2014  /  Business  /  135 Comments

Shell and Apache to conduct experiments on shale gas production in the Western Desert

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Overall budget deficit declines to 12.8% during FY 2013/2014: Finance minister

  /  November 8, 2014  /  Business  /  No Comments

Budget deficit compensated by EGP 95.8bn oil aid, EGP 21.5m monetary aid from the Gulf

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Tender to be offered for $1.5bn loan this November: El Molla

  /  November 8, 2014  /  Business  /  No Comments

Ministry hopes to pay nearly $1bn of debts to foreign partners by year-end, says EGPC chairman

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New Urban Communities Authority offers 8 tenders in 4 new cities

  /  November 8, 2014  /  Business  /  No Comments

New Urban Communities Authority Vice Chairman Kamal Fahmy said that four public tenders will be offered in Sadat City.

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US delegation to visit Cairo on Sunday to discuss investment opportunities

  /  November 8, 2014  /  Business  /  No Comments

66 companies will spend 3 days in Egypt

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Egypt is large and promising communications market: Dell

  /  November 4, 2014  /  interviews  /  No Comments

Dell Venue Tablet to be offered on the Egyptian market during the first quarter of 2015

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TE aims to expand number of submarine cables to 21 by end of 2016

  /  November 3, 2014  /  Technology  /  No Comments

We will rely on the unified licence (mobiles-landlines-internet) to attract customers, says CEO Mohamed El Nawawy

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EGAS has suspended gas supplies to EBIC since August

  /  November 2, 2014  /  Business  /  No Comments

Ministry of Petroleum gives priority to fertiliser factories that sell on local markets

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CBE to supervise monetary transactions outside banking sector: Deputy governor

  /  November 1, 2014  /  Business  /  No Comments

Supervision will cover monetary fund money despite antipathy of investment directors

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Turkey files anti-dumping suit against polypropylene exports from Egypt

  /  October 28, 2014  /  Business  /  No Comments

Export halt from Syria, Iraq, Libya, Tunisia, Yemen, and Turkey creating crisis, says Helal

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Entrepreneurs do not understand their legal requirements: Levari founders

  /  October 26, 2014  /  interviews  /  No Comments

The legal information available is quite convoluted and entrepreneurs don’t have access to it, says Sherif Hefni, partner at Levari Law

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Egypt begins transformation into global logistics centre for grain handling: Prime minister

  /  October 20, 2014  /  Business  /  No Comments

Mehleb says the project is as important as the Suez Canal expansion

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Intel cooperating with education ministry, Banque Misr to provide computers for schools

  /  October 15, 2014  /  interviews  /  No Comments

Education technology is top company priority in Egypt, says Intel’s Egypt executive Al-Fatih

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Latest

Reopening stalled factories via ‘Google maps’

  /  October 1, 2014  /  Technology  /  No Comments

A total of 4,500 factories to resume operations in Egypt, says economic expert

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Edita Food Industries to go for new IPO: Actis partner

  /  September 29, 2014  /  Business  /  No Comments

Mark Richards could not provide details on the value and the timing of the IPO

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Fawry announces launch of traffic fine payment service

  /  September 24, 2014  /  Technology  /  No Comments

Egypt’s EBPP leader provides convenience and efficiency to vehicle owners

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Latest

MIGA offer $1bn new guarantees for cross-border investments in MENA region

  /  September 22, 2014  /  interviews  /  No Comments

We are ready to attract investors in power, infrastructure, transport, and agribusiness sectors, says CEO

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Electricity ministry sets new energy feed-in tariffs

  /  September 20, 2014  /  Business  /  No Comments

Ministry of Electricity announces prices for electricity generated from solar and wind energies in the framework of combating the energy deficit in the coming months

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Egypt begins collecting property tax for 1.5m residential and non-residential units: Finance minister

  /  September 20, 2014  /  Business  /  No Comments

Government steps up actions to implement tax reforms amid efforts to increase resources and reduce budget deficit

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Egypt in the eyes of international rating agencies

  /  September 20, 2014  /  Business  /  No Comments

Fitch In January, Fitch Rating Agency restored Egypt’s outlook to stable for the first time since it was downgraded to negative nearly three years ago. This reflects an improvement in an economy hammered by years read the rest…

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Latest

National Bank of Egypt hopes to open 200 new branches within 3 years

  /  September 19, 2014  /  Business  /  No Comments

EGP 150m total savings for bank clients with platinum certificates

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