Business

AMEC: Egypt’s Car sales decline by 6.7 percent in Jan-June 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

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

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

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

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

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…
Fannon: US against any tensions in East Mediterranean region

Fannon: US against any tensions in East Mediterranean region

The US Assistant Secretary of State for Energy Resources Francis Fannon said that his country is closely monitoring the situation…
Sources: Egypt’s government to sign agreement with IMF

Sources: Egypt’s government to sign agreement with IMF

Egypt’s government has announced that a new technical agreement will be signed with the International Monetary Fund (IMF) to implement…
Suez Canal Zone revenues up to LE3.69 billion in 2018/2019 fiscal year

Suez Canal Zone revenues up to LE3.69 billion in 2018/2019 fiscal year

The head of the General Authority for the Suez Canal Economic Zone (SCZone) Mohab Mamish announced on Saturday that the…
Sisi discusses Eastern Mediterranean Gas Forum’s importance to region

Sisi discusses Eastern Mediterranean Gas Forum’s importance to region

Egyptian President Abdel Fattah al-Sisi on Thursday received the delegation heads participating in the second ministerial meeting of the Eastern…
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