Year: 2017

Government to establish holding company to recycle solid waste with EGP 7bn capital

The new entity replaces the General Authority for Cleanliness and Beautification, assets…

Daily News Egypt

Government to decide on electricity price increase by end of June

Shaker is scheduled to hold a press conference to announce the increase…

Mohamed Farag

45.7% y-o-y increase in Alex Cont’s net profit during 11 months of FY2017

The average revenue per container increased by 3.1% on a monthly basis,…

Shaimaa Al-Aees

Xerox acquires 75% of local printer market

12% increase in the company’s market share y-o-y

Daily News Egypt

Nigeria removes ban on Egypt’s furniture

Egypt’s furniture exports amounted to $107m in the first 4 months of…

Shaimaa Al-Aees

GE signs $575m agreement to develop railway infrastructure in Egypt

The company will supply 100 locomotives and 15-year parts agreement to support…

Mohamed Ayyad

Peaceful labour strikes are constitutional right: Administrative Court 

Administrative Court cancelled the disciplinary sanctions on Ashmoun’s post office employees 

Daily News Egypt

Planning and Budget Committee to submit FY 2017-18 budget report to parliament’s secretariat 

The government will increase education allocations by EGP 20bn and higher education…

Abdel Razek Al-Shuwekhi

Ashraf Salman launches AUR Capital to invest EGP 22bn in 5 years

The new company will hunt for opportunities only in the Egyptian market 

Elsayed Solyman