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Egypt launches World Youth Forum focusing on ‘Mediterranean Energy’
The four-day forum is expected to be attended by around 7,000 youths representing different countries.
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Egypt's new sovereign fund cherry-picks assets to lure investors: CEO
Egypt has been trying to revive its economy without giving up majority ownership of many of its economic assets.
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7 startups look for financing opportunities
The Egyptian Business Angels Network (EGYBAN) held a seminar on investment in the field of media.
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Egypt's CBE allocates EGP 50 billion to support tourism sector
The CBE said the plan involves the extension of the current tourism initiative to 31 December 2020 and exempting certain tourism sector debt defaulter
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Hermes predicts 2020 great year for Egyptian economy
The outlook predicts a solid growth for the Egyptian economy in 2020. Egypt is expected to reap the gains of the years of economic reform.
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Project: Supply of office machines
Cairo: Supply of a) data show instruments, b) Master printing machines c) copiers & printing requisites.
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Project: Construction of Halls and Houses (4 Contracts)
Giza: Construction of a) workshops & experiments halls; b) rehabilitation & revamping of 3 Buildings
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Project: Medical Requisites
Cairo: Supply of general purpose medical requisites.
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The Industry Support Initiative increases the rates of economic growth and GDP to 7.5% annually
The initiative will benefit about 96,000 factories that meet the conditions for the initiative: says deputy governor of the CBE.
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Vodafone recognized as the best place to work in Egypt for 2019
Vodafone Egypt received outstanding scores across several aspects of their workplace such as leadership, learning & development and culture.
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Egypt to get $1.1 billion from ITFC to fund commodities imports
The financing at the time ensured dollars were available for the state buyer to use for payment at some of its international purchasing tenders.
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Half of land sold for Egypt new capital
The government has said it wants to start running Egypt from the new city as soon as the middle of next year.
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What does Egypt's new Center of Excellence for Energy do?
As part of a five year US$90mn initiative the US and Egypt have partnered to launch a Center of Excellence for Energy and agriculture.
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Egypt- HSBC, Citibank compete to assess Siemens power plants
Egypt's SWF plans to obtain a 30% stake in power plants implemented by the German company Siemens.
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Hurghada among top 100 destinations
For the 1st time Hurghada enters the ranking of the top 100 cities by Euromonitor International.
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14th African Economic Conference kicks off in Sharm El Sheikh
More than 12 million young Africans migrate from their country to look for work, says Charles Lufumpa.
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Vietnam, Egypt look to strengthen trade, investment connectivity
Ambassador Tran Thanh Cong recalled Vietnam’s social and economic achievement recorded over the past 30 years, highlighting that bilateral cooperation
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Egypt to Introduce Taxes on ‘Digital Economy’ Soon
The law is currently being prepared and measures are being taken to impose a tax system on e-commerce, online advertising, and social media websites.
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Tarek Amer term extended till 2023
The first term of Amer saw him steer the country away from shortages through a devaluation to become the fastest growing economy in the region.
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Vodafone named Egypt’s first VMware cloud provider
Vodafone will offer diverse VMware cloud services, such as Infrastructure-as-a-Service, as well as fast and seamless access to cloud services.
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Egypt elected to 40-member council of International Maritime Organization
Egypt was elected to be among Category C countries of the council.
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Egyptian businessmen mull enhancing trade exchange with Greece
They also mulled establishing an Egyptian-Greek chamber of commerce to enhance trade exchange between the two countries.
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Vodafone Egypt invests $2.8bln in 21 years
Curtil praised the Egyptian government’s efforts to ease the barriers in the face of investments.
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Egypt- Banque du Caire inaugurates two business development centres
The initiative aims to encourage young people to establish successful projects and support small projects in the informal sector.
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Georg Fischer to enter gas and water distribution Market In Egypt
GF piping systems announces a new joint venture with Dubai's Corys investments and Cairo's Egypt Gas.
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Egypt 8th safest country in the world
Egypt jumps up 8 places to be the 8th safest country in the world, beating USA, UK and most of Europe in Gallup’s report while expats ranked it at 52.
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CBE auctions EGP 18.5 bln in treasury bills
The CBE said it auctioned the first batch of EGP 9 billion for 91 days and the second at EGP 9.5 billion for 273 days.
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Egypt signs $430m gas deal with Texas’ Noble Energy
The agreement requires the partner to pump natural gas through the East Mediterranean Gas Company's pipeline.
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Egypt, Nile basin trade increased by 25.4% in 2018
Sudan ranked first in terms of exports, with a value of dlrs 399.3 million in 2018, representing 33.3 percent of the total trade volume.
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Egypt, Oman inaugurates joint business council
During the ceremony, some topics were discussed including the possibility of linking the ports of Oman's Sohar and Egypt's Suez.
