Business
Egypt to increase crude oil production, sign new agreements: Oil Minister
December 8, 2019
Egypt to increase crude oil production, sign new agreements: Oil Minister
Egypt’s government will increase crude oil production to bridge declining domestic consumption through developing systems and procedures, offering bids, and…
Egypt’s Minister of Investment opens “Future Cities in Egypt” Conference
December 8, 2019
Egypt’s Minister of Investment opens “Future Cities in Egypt” Conference
Egypt’s Minister of Investment and International Cooperation Sahr Nasr on Sunday opened the “Future Cities in Egypt” Conference organized by…
CBE demands government to put tax incentives for the industrial sector
December 8, 2019
CBE demands government to put tax incentives for the industrial sector
The Central Bank of Egypt (CBE) on Sunday urged the government to grant tax incentives to the industrial sector within…
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph
December 8, 2019
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph
Dues to foreign oil companies in Egypt have decreased to their lowest level since 2010, thanks to the payment of…
Egypt to issue first corporate sukuk within weeks: official
December 6, 2019
Egypt to issue first corporate sukuk within weeks: official
CAIRO (Reuters) — Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority (FRA)…
OPEC nations grapple with oversupply of oil
December 4, 2019
OPEC nations grapple with oversupply of oil
The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down…
The sixth “CEOs Thoughts 2019” conference to be opened by state-owned enterprises: Finance Ministers
December 4, 2019
The sixth “CEOs Thoughts 2019” conference to be opened by state-owned enterprises: Finance Ministers
Both Ministers of State-owned Enterprises and Finance are set to open the sixth “CEOs Thoughts 2019” conference entitled: “Challenges of…
Egypt’s non-oil private sector shrinks to slowest in over two years: PMI
December 3, 2019
Egypt’s non-oil private sector shrinks to slowest in over two years: PMI
CAIRO (Reuters) — Activity in Egypt’s non-oil private sector contracted in November for the fourth consecutive month, falling to its…
Egypt jumps 55 places in Open Budget Index: Finance Minister
December 3, 2019
Egypt jumps 55 places in Open Budget Index: Finance Minister
Egyptian Finance Minister Mohamed Maait announced Monday that Egypt has jumped 55 positions in its budget transparency index the “Open…
Arab Contractors wins best contracting company in Uganda
December 2, 2019
Arab Contractors wins best contracting company in Uganda
Uganda Vice President Edward Ssekandi awarded leading Egyptian construction company Arab Contractors the prize for best contracting company of 2018…