Month: July 2017

Egypt automotive market under pressure amid elevated inflation, high borrowing costs

Vehicle prices on the rise despite lower demand, says BMI Research

Elsayed Solyman

Legal procedures continue in Warraq case

Defendants accused of committing violence interrogated, residents hopeful of compensation or rebuilding…

Daily News Egypt

Al-Sisi appoints new State Council head

Appointment comes against general assembly’s wishes, but according to new law

Daily News Egypt

Hasm militants killed in security operation: Interior Ministry

The deceased were accused of participating in several militant operations against security…

Daily News Egypt

Communications Minister agrees with Valeo and Orange to increase their investments in Egypt

Valeo plans to generate 500 jobs within two years in the company’s…

Daily News Egypt

Banque Misr finances first phase of “Mowasalat Misr” project

The bank signs two cooperation protocols worth EGP 400m to support educational…

Hossam Mounir

Egypt signs €1.5m protocol with UNIDO to enhance Egyptian cotton in local, global markets

Egypt’s textile industry contributes 3% of the GDP, says minister

Daily News Egypt

5 banks pump EGP 37.4bn to support electricity sector

EEHC obtains EGP 19.4bn, EETC gets EGP 18bn

Hossam Mounir

Ministry of investment launches “incorporate your self” service, allowing investors to establish company online 

A comprehensive map with 600 investment opportunists to be completed, says Nasr

Daily News Egypt