Eastern Company among Forbes’ 100 strongest Middle East companies in 2020
Lower costs, higher selling prices, and improved sales mix supported company's business results
Public Enterprise Ministry starts third phase of digital transformation
Dell EMC will be the main partner providing technology for the Vodafone data centre, after winning a tender for which major international full-service and technology companies also made bids.
MSMEDA finances over 1.2m projects with EGP 27.1bn during Al-Sisi’s presidency
Agency partners with Ministry of Petroleum and Mineral Resources on project converting cars to dual-fuel system
3.2% expansion projected for Egypt’s 2020/21 GDP: FocusEconomics
State’s total investment to grow 5.3% in FY 2020/21, 9.7% in FY 2021/22, economic analysis provider expects
Misr Cement cuts debts by 20% in Q1 of 2020
Local market suffers from annual 30 million tonne production surplus of cement
Digital transformation, legislative reform to reshape post-COVID-19 investment: economists
Current period is opportunity to create better investment climate as all global investment indicators are suffering, says Khodeir
Egypt, AFESD sign $249m grant agreement for Bahr El-Baqar drainage system
Parliament ratifies €2.9m South Korean grant to develop EPO’s automated intellectual property system
UN calls for immediate action against impending global food emergency
Organisation raised alarm in April on potential explosion in those at severe risk of hunger due to pandemic
Moody’s expects prolonged depression in oil prices
Brent to average $35/bbl in 2020 and $45/bbl in 2021, Moody’s projects
Planning Ministry’s Rowad 2030 project produces 7,000 medical face shields
Ghada Khalil, Director of the Rowad 2030 project, noted that about 5,000 of the face shields were distributed to Zayed Specialist Hospital, Zayed General Hospital and October General Hospital.