Month: May 2017

Standard and Poor’s affirms Egypt’s B/B-rating, outlook remains stable

Egypt’s GDP growth forecast at 4% from 2017-2020

Mohamed Samir

State Council defies amendments to Judicial Authority Law

The appointed judge previously ruled in favour of Egyptian sovereignty over Red…

Daily News Egypt

IMF, Egypt reach a staff level agreement to unlock next loan tranche

A new vote of confidence in local economy to incur more foreign…

Elsayed Solyman

Stamp duty and interest rates hindered rising stock market movements

Expectations about targeting the level of 13,200 points this week as part…

Mahmoud Hashem

Egyptian Association for Direct Investment launches Venture Capital Forum

Venture capital is a new growth engine for the Egyptian economy

Daily News Egypt

Exchange rate, MENA-SCS drive Orascom Telecom to profitability in 2016

Beltone Financial records negative operating profit

Mahmoud Hashem

Edita restructures product portfolio to recover sales in 2017

Price increases of an average of 91% secure the company profits despite…

Mahmoud Hashem

Egyptian-Sudanese agreement regulates issuance of entry visa 

Free six-month visa for holders of regular Egyptian or Sudanese passports

Mohammed El-Said

Internet users decline by 7% in January

Mobile subscribers decrease to 26 million users

Mohamed Alaa El-Din

Investment ministers in China to join The Belt and Road forum

EBRD provide $11m loan for Egypt’s Carbon Holdings company

Hisham Salah