Khorshid to present final draft of new investment law to cabinet

The ministries of investment and finance agree on exemptions and incentives, prime minister to settle the matter

Mostafa Fahmy

Automotive industry strategy: governmental support, private sector concerns

As the parliament is still reviewing the automotive industry strategy, the private sector has voiced a number of concerns regarding the strategy's content and implications, while the governmental sector and…

Maya Nawar

Egypt one of first countries to benefit from WorldRemit, Xpress Money remittance transfer partnership

Egypt is one of the 10 largest remittance-receiving countries globally

Shaimaa Al-Aees

Trade and Industry Minister to discuss Egypt’s commercial, economic policies with WTO delegation as part of the international trading system

The Egyptian government will stick to its commitments regarding the international trading system in order to push for a revolution in the flow of international trade, said Minister of Trade…

Daily News Egypt

2017 to witness deflation in car sales, to increase in H2: Ghabbour

The negative impact of the Egyptian pound's flotation on the automotive sector is not tangible yet, said chairperson of the board of directors at GB Ghabbour Auto, Raouf Ghabbour. He…

Hisham Salah

Egypt must push ahead with reforms to attract investment, spur growth, create job opportunities

Egypt has struggled in the five years since the Arab Spring, as political uncertainty and economic instability erode investor confidence and limit growth. Its economy has expanded a modest 2.5%…

Philippe Le Houérou

Third automotive summit to unite sector, provide solutions: EAMA executive director

Fixing the price of the customs exchange rate, currency management, and devising a strategy are the company's main demands

Ahmed Amer

Iran hosts second squash championship in December

The 2016 Khoozestan Squash Association Shahid Daghayeghi Open began on Tuesday, hosted in the Iranian city of Ahvaz. The championship will be played over four days, with the finals to…

Maya Nawar

Ministers, business community review means to stimulate local automotive industry in opening session of Egypt Automotive Summit

The executive director of the third round of the Egypt Automotive Summit, Mohamed Aboul-Fotouh, announced several topics which participants will be discussing. Topics on the agenda at the summit include…

Mohamed Alaa El-Din

Local and international organisations propose investing $1.31bn in treasury bills

Local and international organisations proposed investing $1.31bn in a treasury bills tender posed by the Central Bank of Egypt (CBE) on behalf of the Ministry of Finance on Monday. The…

Hossam Mounir