Business
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…
Egypt’s IDR upgraded to ‘B+’ by global credit rating agency
March 22, 2019
Egypt’s IDR upgraded to ‘B+’ by global credit rating agency
Globally-recognized credit rating agency Fitch Ratings has upgraded Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B+’ from ‘B’, assuring…
Egypt’s Benban solar project wins best project prize worldwide: World Bank
March 21, 2019
Egypt’s Benban solar project wins best project prize worldwide: World Bank
Acting Head of the World Bank Kristalina Georgieva announced on Wednesday that the Benban Solar Project in Aswan won best project…