Month: June 2018

Egypt PMI back to contraction in May: Emirates NBD

Egypt’s non-oil private sector activity continued to shrink in May to reach…

Mohamed Samir

Nokia sells 79m devices in 80 countries: Nokia Egypt general manager

Tamer ElGamal, general manager of Nokia Egypt, said that during 2017, the…

Daily News Egypt

Tesla to build its second Gigafactory in Shanghai

Tesla has revealed plans to shareholders that it's working with Chinese officials…

Deutsche Welle

Parliament approves FY 2018/2019 budget

The Egyptian Parliament approved on Tuesday the fiscal year 2017/2018 general budget…

EGX loses EGP 22bn Tuesday morning, closes with EGP 15.5bn losses

The Egyptian Exchange (EGX) plunged on Tuesday morning, losing around EGP 22bn…

Daily News Egypt

Government allocates EGP 60bn to increase its employees’ pensions, salaries

Additional EGP 4bn approved to increase employee salaries after parliament’s request

Sarah El-Sheikh

Leaked economy and statistics exam is ‘fake’: Education Ministry official

The head of the Education Ministry’s department for high school examinations, Reda…

Daily News Egypt

43.3% of carbon dioxide emissions from electricity sector in Egypt

The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that the…

Nehal Samir

Industry minister decrees amends to Industrial Registration Law’s executive regulations

Conditional industrial record guarantees seriousness of any industrial project, says minister

Shaimaa Al-Aees

Total bank credit facilities increase by EGP 60.5bn in 7 months

Private business sector accounts for 61.3% of total facilities, notably industrial field,…

Hossam Mounir