Business

Banks move toward legislation changes designed to boost investment

Banks move toward legislation changes designed to boost investment

Banks in Egypt are in the process of formulating their views regarding the amendments needed for the Law 88\2003, senior…
FECC working with the government to reform legislation and improve the environment for investors

FECC working with the government to reform legislation and improve the environment for investors

The Federation of Egyptian Chambers of Commerce has stated it had been working hand-in-hand with the government to modernize the…
Interview with EGX Chairman‏: Economic conference key to rebuild Egyptian economy, attract investment

Interview with EGX Chairman‏: Economic conference key to rebuild Egyptian economy, attract investment

Mohamed Omran, Chairman of the Egyptian Stock Exchange,  said the Sharm al-Sheikh  Economic Conference is a beginning for rebuilding the…
Egypt the Future: A Saudi idea sponsored by the UAE

Egypt the Future: A Saudi idea sponsored by the UAE

Eyes are turning to the Egypt Economic Development Conference, scheduled to take place in Sharm el-Sheikh from13 to 15 March,…
Nine steps taken to reform Egypt’s energy system

Nine steps taken to reform Egypt’s energy system

- Government decree issued in June 2014, restructuring the energy subsidization system and gradually raising energy prices by 2019.- Repayment…
Egyptian Tourism Authority to present 4 projects at the economic summit

Egyptian Tourism Authority to present 4 projects at the economic summit

The state-run Holding Company for Tourism, Hotels & Cinema (HOTAC) has obtained the final approval from the organizers of the…
Finance Ministry unrolls government’s economic and financial policy

Finance Ministry unrolls government’s economic and financial policy

Finance Minister Hany Qadry Dimian says he will unroll the government’s monetary and economic policy during the Egypt Economic Development…
GE delivers 34 turbines to Egypt, to invest $200 mn

GE delivers 34 turbines to Egypt, to invest $200 mn

General Electric is investing $200 million in a manufacturing and training facility in Egypt's Suez City and had delivered a…
PM in seminar by Al-Masry Al-Youm: Economic summit already bodes good news

PM in seminar by Al-Masry Al-Youm: Economic summit already bodes good news

A seminar organized by Al-Masry Al-Youm at the office of  Prime Minister Ibrahim Mehleb late Saturday had witnessed a heating…
Egypt’s trade deficit rises to LE21.88bn in Dec 2014

Egypt’s trade deficit rises to LE21.88bn in Dec 2014

Egypt's trade deficit widened toLE 21.88 billion in December 2014, from LE17.96 billion  a year earlier, the state's Central Agency…
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