Business
Egypt’s new electricity prices to apply starting Monday
July 1, 2019
Egypt’s new electricity prices to apply starting Monday
A spokesperson for the Ministry of Electricity, Ayman Hamza, announced that Egypt’s new tariff for electricity prices are set to…
Egypt’s GAFI to establish 6 public free zones during 2019/2020
June 30, 2019
Egypt’s GAFI to establish 6 public free zones during 2019/2020
CEO of the General Authority for Investment and Free Zones (GAFI) Mohsen Adel said on Sunday that construction has begun…
Minister: Egypt consulting with IMF over future cooperation
June 29, 2019
Minister: Egypt consulting with IMF over future cooperation
Egypt’s Finance Minister Mohamed Maait announced Friday that there are consultations between Egypt and the International Monetary Fund (IMF) regarding…
Banks to suspend work on July 1, 2 on occasion of June 30 revolution: CBE
June 28, 2019
Banks to suspend work on July 1, 2 on occasion of June 30 revolution: CBE
The Central Bank of Egypt (CBE) has decided to suspend work in their local and foreign banks on June 30…
US dollar prices maintained on Thursday
June 27, 2019
US dollar prices maintained on Thursday
The US dollar exchange prices were maintained against the Egyptian Pound on Thursday during banking dealings. The dollar has declined…
IBM to inaugurate two centers in Cairo
June 26, 2019
IBM to inaugurate two centers in Cairo
IBM multinational information technology company announced that it will expand its activity in the Middle East and Africa by opening…
Mercedes-Benz Co. to establish Middle East’s first-of-its-kind logistics hub in Suez Canal Economic Zone
June 25, 2019
Mercedes-Benz Co. to establish Middle East’s first-of-its-kind logistics hub in Suez Canal Economic Zone
After at four-years hiatus, Mecredes Benz will resume assembling passenger cars in Egypt in addition to launching an investment plan…
Japan’s ambassador praises fruitful cooperation between Egypt and Japan
June 25, 2019
Japan’s ambassador praises fruitful cooperation between Egypt and Japan
Japan’s ambassador to Cairo Masaki Noki praised the fruitful cooperation between Japan and Egypt in many projects, especially in the…
Report: Egypt considers electric buses on Ring Road to eliminate traffic jams
June 24, 2019
Report: Egypt considers electric buses on Ring Road to eliminate traffic jams
The Egyptian government is considering operating large-capacity electric buses along the Ring Road to eliminate traffic jam in Greater Cairo,…
SCZone head: 13% of world trade passes through Suez Canal
June 23, 2019
SCZone head: 13% of world trade passes through Suez Canal
Head of the General Authority for Suez Canal Economic Zone (SCZone) Mohab Mamish announced on Sunday that 13 percent of…