Business

Highlights of the 17th edition of the world Economic Forum

Highlights of the 17th edition of the world Economic Forum

The World Economic Forum in the Middle East and North Africa took place at Jordan’s Dead Sea on April 6…
Egypt aims to support its railways with 250 new locomotives

Egypt aims to support its railways with 250 new locomotives

Egypt’s Transport Minister Kamel al-Wazir announced Sunday that Egypt’s railways will be supported with 250 new locomotives, a huge addition…
Egypt’s Finance Ministry starts implementing digital transformation program

Egypt’s Finance Ministry starts implementing digital transformation program

The Ministry of Finance began implementing President Abdel Fattah al-Sisi’s instruction to begin the digital transformation of the state, by…
Minister Sahar Nasr, EBRD president discuss increasing investment in Egypt

Minister Sahar Nasr, EBRD president discuss increasing investment in Egypt

Minister of Investment and International Cooperation Sahar Nasr held talks on Saturday with president of the European Bank for Reconstruction…
IMF praises Egypt’s economic reform program, says all targets achieved

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

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

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

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

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

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…
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