Egypt gets ready to receive Russian tourism in Q4 2017
The Russian tourist inflow to Egypt reached its peak in 2014, recording 3.1 million tourists, while it fell to 2.389 million tourists after the Russian plane crash in 2015
Medical supplies exports fell by $6m
Pharmaplast maintains top rank, Hidelina in second, Fine in third
Cosmetics exports down by 30%
L’Oreal Egypt tops the list with exports of $19.4m, Mashreq ranks second with $18m
Pharmaceutical companies harvested $102m in H1 2017
At $25.1m, exports of EIPICO the highest, Pharco ranks second
Medical sector exports amount to $213m in H1 2017, down 17%
Export Council of Medical Industries aims to boost revenues to $430m by the end of the year
EFG Hermes Leasing signs joint venture agreement to finance small businesses in Egypt
The agreement comes in line with the government’s focus on SMEs
Government approves Finance Leasing and Factoring Law, transferring it to State Council
The cabinet headed by Sherif Ismail, the Prime Minister, approved in its meeting on Wednesday the financial leasing and factoring law draft and was sent to the state council, according…
CBE has no intention of allowing cryptocurrency in Egypt: official
Bitcoin plans to launch in Egypt by late August, awaits needed legislation to be legally traded
Egypt’s economy will not get affected by US aid cut: AmCham
Egypt is the second largest recipient of military aid from the United States after Israel, receiving about $1.3bn annually and nearly $80bn in military and economic assistance over the past…
SMEDA signs 8 funding contracts worth EGP 10.75m in six governorates
The targeted governorates include Ismailia, Minya, Beni Suef, El Wadi El Gadid, Assiut and Sohag
