Interbrand valuates Huawei at $5.8bn
Huawei jumped 16 positions on the Interbrand Best Global Brands list for 2016, settling at rank 72 compared to 88 in 2015. This is the second consecutive year Huawei has…
Egypt ranks first internationally for outsourcing services in 2016: GSA
The availability of trained manpower and competitive costs contributed to winning the award, says Hosni
Careem registers 30% monthly growth in 2016
We train 10,000 drivers per month, says Careem’s managing director
Stability of monetary policy, simplified government measures attract investment: Infinix
Infinix Corporation, specialised in manufacturing smartphones, is working to develop after-sales services in the Egyptian market and plans to increase the number of its major maintenance centres. Business development manager…
International Cooperation Ministry signs 6 agreements with EU, receives €130m in donations
Minister of International Cooperation Sahar Nasr met on Tuesday with EU representative and the Commissioner for European Neighbourhood Policy, Johannes Hahn, to sign an agreement on six projects worth €130m,…
Mubasher manages media company acquisition agreement
Mubasher will begin by assessing the company in the local market for the purpose of selling it
Petroleum Ministry’s dues to foreign companies reach $3.6bn
We seek to repay part of the dues before the end of 2016, says source
Illegal immigration, refugees at forefront of Egyptian, Cypriot, Greek tripartite summit
The fourth Egyptian, Cypriot, and Greek tripartite summit put the illegal immigration crisis and the constant flow of refugees streaming from crises across the region at the top of the…
14 banks inject EGP 4.1bn to finance low- and middle-income housing until end of October: Head of Mortgage Finance Fund
Financial leasing activity amounts to EGP 15bn during the first nine months of 2016, says EFSA Head
Expected VAT proceedings set at EGP 20-22bn by end of this fiscal year: ETA Head
Head of the Egyptian Tax Authority, Abdel Moniem Matar, said that proceedings from the application of the value-added tax (VAT) are expected to reach EGP 20-22bn by the end of…