Business
Egypt, Chinese company sign MoU for container terminal in Alexandria
August 7, 2019
Egypt, Chinese company sign MoU for container terminal in Alexandria
Egypt’s President Abdel Fattah el-Sisi held a meeting on Tuesday with Commander in Chief of the Naval Forces Ahmed Khalid,…
Suez Canal makes record revenues in 2018/2019 fiscal year
August 6, 2019
Suez Canal makes record revenues in 2018/2019 fiscal year
The head of the General Authority for the Suez Canal Economic Zone (SCZone) Mohab Mamish announced on Tuesday that revenues…
US dollar price continues to drop against Egyptian pound
August 5, 2019
US dollar price continues to drop against Egyptian pound
The US dollar fell by two piasters on Sunday, having thus decreased 130 piasters since the beginning of 2019, MENA…
Egypt, US sign four grant agreements worth US$60 million
August 4, 2019
Egypt, US sign four grant agreements worth US$60 million
Egypt and the US on Sunday signed four grant agreements for cooperation in the fields of higher education, science, technology,…
AMEC: Egypt’s Car sales decline by 6.7 percent in Jan-June 2019
August 4, 2019
AMEC: Egypt’s Car sales decline by 6.7 percent in Jan-June 2019
Egypt’s Automotive Marketing Information Council (AMIC) said on Saturday that car sales declined by 6.7 percent with 74,084 cars sold…
African Development Bank Forum to kick off in Cairo on Monday
August 3, 2019
African Development Bank Forum to kick off in Cairo on Monday
The African Development Bank (AfDB) in Egypt, in cooperation with the African Export-Import Bank (Afreximbank), will hold an annual forum…
Egypt’s ranking jumps significantly in 2019 Global Innovation Index
August 2, 2019
Egypt’s ranking jumps significantly in 2019 Global Innovation Index
This year’s report by the Global Innovation Index showed that Egypt has remarkably jumped ten spots from its ranking (105) in…
Egypt to begin converting vehicles to dual fuel starting September
August 1, 2019
Egypt to begin converting vehicles to dual fuel starting September
The Egyptian government will begin implementing a national project for the conversion of cars to dual fuel (natural gas and…
Investment Minister, Japanese companies discuss increasing investments to Egypt
July 31, 2019
Investment Minister, Japanese companies discuss increasing investments to Egypt
Egyptian Minister of Investment and International Cooperation Sahar Nasr held a meeting with representatives of 25 Japanese companies on Tuesday…
Egyptian Finance Ministry drafting new tax law
July 30, 2019
Egyptian Finance Ministry drafting new tax law
Egyptian Finance Minister Mohamed Maait said on Monday that his ministry has started drafting a new law on income tax…