Business
IMF praises Egypt’s economic reform program, says all targets achieved
April 6, 2019
IMF praises Egypt’s economic reform program, says all targets achieved
The International Monetary Fund (IMF) on Saturday praised Egypt’s remarkable macroeconomic improvement since the start of the economic reform program…
Egypt to enter electric vehicle industry
April 4, 2019
Egypt to enter electric vehicle industry
Prime Minister Mostafa Madbouli formed a committee comprised of representatives from the Ministries of Military Production, Local Development, Trade and…
India is building a city from scratch to attract foreign investors
April 4, 2019
India is building a city from scratch to attract foreign investors
(CNN Business)–India is building a new city to give global investors an easy way into its booming economy. Gradually mushrooming…
Egypt will not grant licenses to new tuk tuk plants
April 1, 2019
Egypt will not grant licenses to new tuk tuk plants
The Industrial Development Authority (IDA) has stopped granting licenses for new tuk tuk assembling and manufacture plants in Egypt, as…
Egyptian Stock market gains LE66.8 bn in first quarter of 2019
April 1, 2019
Egyptian Stock market gains LE66.8 bn in first quarter of 2019
The Egyptian Stock Exchange gained LE66.8 billion in market capitalization during the first quarter of 2019. The total market value…
CBE receives requests from major international banks to operate in Egypt
March 30, 2019
CBE receives requests from major international banks to operate in Egypt
The Central Bank of Egypt (CBE) has received requests from major international banks recently for new licenses to operate in…
Israeli Gas Partners negotiate augmenting gas supply to Egypt: Bloomberg
March 28, 2019
Israeli Gas Partners negotiate augmenting gas supply to Egypt: Bloomberg
Bloomberg revealed Israel’s serious will to increase gas supply exported to Egypt beyond US$15 billion during the second phase of…
Egyptian cabinet approves state budget for 2019/2020
March 27, 2019
Egyptian cabinet approves state budget for 2019/2020
The Egyptian cabinet approved on Wednesday the proposed state budget for fiscal year 2019/2020 as part of preparations to send…
Egypt ready to provide economic reform experience to Africa: Minister
March 26, 2019
Egypt ready to provide economic reform experience to Africa: Minister
Egypt’s Finance Minister Mohamed Maait announced Tuesday that his country is ready to provide its pioneer experience in economic financial…
Egypt’s Finance Ministry to finalize draft general budget next week: minister
March 24, 2019
Egypt’s Finance Ministry to finalize draft general budget next week: minister
Minister of Finance Mohamed Maait announced that the ministry will conclude a draft next week for fiscal year 2019/2020’s new…