Souq.com to launch new e-commerce learning project in Upper Egypt
Website to negotiate with the government to make an e-commerce companies audit
Hend El-Behary
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Latest by Hend El-Behary
Egypt’s top performing companies ignore online presence: Business directory
Almost 40% of top 50 companies do not have Facebook presence, report says
Government encourages Luxor, Aswan trips to promote domestic tourism
Ministry of Tourism offers Luxor and Aswan trips with lower prices to raise tourist flow into the cities
Egyptian pound plunges against the dollar to EGP 7.46
The US dollar exchange value jumped to EGP 7.5 at NBE and Banque Misr
Obourland Cheese Company to launch 2 factories with EGP 100m investments
Egyptian market is very promising, and is biggest global white cheese market, says Tetra Pak MD
Tivoli Dome to launch branches in 5 countries in Middle East
Egyptian food court achieved profits equivalent to 90% of its total expenditure in 2014
Egypt, Abu Dhabi sign agreement developing maritime transportation
Red Sea Port Authority and Abu Dhabi’s counterpart to form joint companies encouraging marine investments
Government promises resolution of LPG cylinders shortage in 3 days
Ministry of Supply pumped much of citizens’ needs in LPG cylinders
Low value of EGP enhances investor appetite
Market analysts expect better foreign investor purchases and higher inflation rates
QNB net 2014 profits inched up to $2.9bn
QNB Group continued growth in 2014 with increase in net profits, shareholders and assets
Less than 4,000 Egyptians transact online: Egypt Business Directory
Despite fast penetration of internet in Egypt, e-commerce remains slow in growth
Qatari Diar invests in Egypt with 2 major tourist projects
Qatari Diar is considered one of the foremost real estate Gulf investors in Egypt
Tax authority exempts 1m units of tax
Families with housing worth under EGP 2m are exempted from taxation
Cairo governorate to invest in Nile lands
The Cairo governorate to offer cornice Nile lands in public auction for new investments
2011 witnessed highest resignation rates: ERF
The paper suggests that these trends reflect the response of the Egyptian labour market to the financial crisis and the January 2011 uprising rather than a more dynamic labour market.
Upgrading Egypt’s economic outlook stimulus for investments, growth rate
Since the 25 January Revolution, Egypt’s economic outlook was downgraded several times by international credit rating agencies. The downgrades came about due to violence and political instability, which took a massive toll on investments and foreign reserves. In the wake of calls for protests on 30 June, Egypt’s economy saw a credit ratings cut on 21 …
Government anticipates higher growth rates
Builders of Egypt Forum kicks off, minister of planning foresees boom in construction industry
Reopening stalled factories via ‘Google maps’
A total of 4,500 factories to resume operations in Egypt, says economic expert
Interruption of landline services due to cables changes: Telecom Egypt
Outrage from residents due to interruption of landline services over several months
Cars prices in Egypt grow amid consumer frustration
Car experts blame high US dollar exchange rates and popular demand for fuel saving cars for increase
Suez Canal certificates sold out: CBE
Sale raises EGP 61bn for canal extension project
‘Baseta’: a new service to finish government documents
The service aims to help Egyptians to extract or renew governmental documents including ID cards, passports, marriage documents and death certificates.
VFS Tasheel causes concern over recruitment practices
Expatriate Egyptians acquiring visas through VFS Tasheel say the company is overcharging for visas, frequently asking for as much as EGP 25 just to obtain a number to stand in queues for services.
Tourism grows in June, despite political concerns
CAPMAS’s statistics indicates growth in tourism influx despite escalations
Egypt railway suffers EGP 30m loss
Recent unrest resulted in a halt in railway traffic causing losses
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Egypt railway suffers EGP 30m loss
Egypt’s train movements completely halted between Cairo, Upper Egypt and Lower Egypt
Curfew raises food consumption
Increase in purchasing activity is attributed to concerns over political unrest and uncertainty in the streets.
Eid Al-Fitr causes boom of internal tourism
The rates of internal tourism were “good” before and during the month of Ramadan, and further improved during the days of Eid Al-Fitr vacation
Eid Al-Fitr’s weddings and engagements bolster gold market
Local gold market witnessed a surge in sales and prices in Eid el-Fitr as Egyptians seize the vacation to hold their engagements and wedding ceremonies
High consumption and temperatures cause blackouts
The peak load of electricity hit an alarming 26,100 megawatts, National Energy Control Centre said