Government holds meetings to increase electricity prices

Electricity subsidies will reach EGP 43.3bn in 2018/2019 budget

Mohamed Farag

Base effect may lead inflation rate to moderate in coming few months

Continued subsidy restructuring process could cause more headwinds pushing rate higher again or sustaining it around 25%, says head of research sector at Mubasher International Securities

Noha Abd ElRahman

EGX attracts 1,150 foreign investors in 2017: chairperson

Foreign buying stood at EGP 7.4bn last year, 14 firms seek to go public on EGX in 2018

Elsayed Solyman

BM Lease portfolio EGP 250m after 2 months of work 

We target EGP 1bn by the end of 2018 and increasing capital or debts factoring, says Sheta

Daily News Egypt

Taameer Financial Leasing signs EGP 237m contract with Maadi Development and Construction

Consortium includes BM Lease and Global Lease companies, investment equally distributed to finance a project in Shorouk 

Ayman Abdel Hafeez

New solid waste management system to be launched early 2018: environment minister

Minister of Environment Khaled Fahmy said that a new system for solid waste management will be launched early next year. He added, during his participation in the conference held by…

Hossam Mounir

Current export duties to continue on haberdashery, some minerals raw materials, nitrogen fertilisers 

Minister of Trade and Industry Tarek Kabil issued a decision to continue imposing the current export duties on haberdashery, the raw materials of some minerals under Decree No. 1,354 of…

Nehal Samir

Trade Ministry targets 15% increase in non-petroleum exports in 2018

Chemical and Fertilisers Export Council Chairperson Khaled Abou El Makarem revealed that the Ministry of Industry and Trade aims to increase the rate of non-petroleum exports by 15% in 2018,…

Daily News Egypt

EGP 905 average household communication expenditure in 2015: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) stated that the average expenditure of households on communication means during 2015 reached EGP 905, which represents about 2.5% of their…

Daily News Egypt

Interior minister asserts esteem for journalists in meeting with syndicate leader

Earlier in December, the syndicate’s board council expressed solidarity with recently arrested reporters

Daily News Egypt