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…

Ahmed Amer

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…

Daily News Egypt

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…

Amira El-Fekki

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…

Shaimaa Al-Aees

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…

Shaimaa Al-Aees

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…

Shaimaa Al-Aees

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

Shaimaa Al-Aees

Sawiris resumes negotiations on contribution to Egypt Ventures

I intend to buy United Bank If CBE agrees, says Sawiris

Mostafa Fahmy

Fire erupts at Grand Egyptian Museum in Giza

No losses recorded because of fire

Daily News Egypt

South Korea awaits Egypt’s approval of financial offer for fifth metro line

Metros are very important for citizens worldwide, says ambassador

Hagar Omran