Month: August 2017

CBE caps pilgrims cash to $10,000

Foreign exchange reserves rose at the end of July to $36bn, thanks…

Abdel Razek Al-Shuwekhi

Egypt gets ready to receive Russian tourism in Q4 2017

The Russian tourist inflow to Egypt reached its peak in 2014, recording…

Abdel Razek Al-Shuwekhi

Medical supplies exports fell by $6m

Pharmaplast maintains top rank, Hidelina in second, Fine in third

Daily News Egypt

Cosmetics exports down by 30%

L’Oreal Egypt tops the list with exports of $19.4m, Mashreq ranks second…

Daily News Egypt

Pharmaceutical companies harvested $102m in H1 2017

At $25.1m, exports of EIPICO the highest, Pharco ranks second

Daily News Egypt

Medical sector exports amount to $213m in H1 2017, down 17%

Export Council of Medical Industries aims to boost revenues to $430m by…

Mohamed Mostafa

EFG Hermes Leasing signs joint venture agreement to finance small businesses in Egypt

The agreement comes in line with the government’s focus on SMEs

Elsayed Solyman

Government approves Finance Leasing and Factoring Law, transferring it to State Council

The cabinet headed by Sherif Ismail, the Prime Minister, approved in its…

Nehal Samir

CBE has no intention of allowing cryptocurrency in Egypt: official

Bitcoin plans to launch in Egypt by late August, awaits needed legislation…

Reem Hosam El-din

Egypt’s economy will not get affected by US aid cut: AmCham

Egypt is the second largest recipient of military aid from the United…

Shaimaa Al-Aees