Month: February 2019

Scalling up SME access to bank credit requires limiting relative size of public sector: IMF paper

Egypt, UAE, Lebanon, Jordan host three-fourths of MENAP startups

Hagar Omran

In the shadow of stagnation, Egypt imposes notary fees on cars

90% of sales in used market is conducted through power of attorney,…

Zamzam Mostafa

Brilliance models’ assembling to start in Bavarian factories in early 2020

Company aims to reach 10,000 cars annually in first year

Daily News Egypt

Egypt’s hotel market sees 42% RevPAR growth in 2018

Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh,…

Shaimaa Al-Aees

BP to start gas production from 2nd phase of West Nile Delta project

Combined production from project’s three phases is expected to reach 1.4bn scf/day…

Daily News Egypt

Germany disburses $250m worth tranche of soft loan to support Egypt’s economic reforms

Germany decided to disburse the second tranche of the German Government Owned…

Shaimaa Al-Aees

Egypt’s volume of food imports reaches EGP 227.7bn in 2018

Most of commodities benefited from low customs duties of current tariff

Daily News Egypt

Projects of Egypt’s free zones expand their businesses by $1bn: Nasr

About 15 projects in Egypt’s free zones have expanded their businesses by…

Daily News Egypt

Competition in Egypt’s car assembly becomes tough after free tariffs policy: JICA

Japanese ambassador continues preparations for 50-firm delegation visit

Hagar Omran