Business
Highlights of the 17th edition of the world Economic Forum
April 8, 2019
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
April 8, 2019
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
April 7, 2019
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
April 6, 2019
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
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…