Industry Ministry increases local component ratio in car assembling to 46%
Minister of Trade and Industry Tarek Kabil issued a decision to regulate the system of determining the ratio of local components in the car industry and its feeding industries. The…
Cyprus, Greece praise relations with Egypt ahead of Roots Revival Week
The heads of the Cypriot and Greek parliaments praised bilateral relations with Egypt and the efforts of President Abdel Fattah Al-Sisi during the past several years in the country. The…
Op-ed review: Arab forces should not be implicated in Syria
CEO of state-owned newspaper Al-Ahram Abdel Mohsen Salama warned Arab countries of continuing to give space to foreign interferences, using Syria as an example, and before it, Iraq. Salama argued…
Raising maximum wages would solve lack of efficiency in Egypt: senior banker at BNP Paribas
The second session of the Hapi Investment Conference discussed the restructuring of state agencies. Youssef Beshay, senior banker at BNP Paribas, said that investing in oil drilling depends on the…
Communications sector succeeds in attracting investments over past period despite challenges: minister
Minister of Communications and Information Technology Yasser El-Kady said that the Telecommunication Regulation Law contributed to attracting greater investments to Egypt in the sector. El-Kady added that the sector attracted…
EEA to offer state recovered lands to real estate developers
Ahmed Abdel Hafez, chairperson of the Egyptian Endowments Authority (EEA), said that the EEA has recovered infringed upon lands and will offer them to real estate developers next month. During Hapi…
New mechanisms will encourage companies to launch IPOs: EGX vice president
Parliament’s economic committee to end discussions on factoring law shortly, FRA deputy chairperson says
Sawiris resumes negotiations on contribution to Egypt Ventures
I intend to buy United Bank If CBE agrees, says Sawiris
Fire erupts at Grand Egyptian Museum in Giza
No losses recorded because of fire
South Korea awaits Egypt’s approval of financial offer for fifth metro line
Metros are very important for citizens worldwide, says ambassador