Growth Rate Expected By FY2014/2015-End At 3.8%: Planning Minister
The targeted growth rate by the end of the current fiscal year of 3.5% will hopefully be surpassed to reach 3.8%,…
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industry&trade
Egypt Issues First Microfinance Law
Egypt has issued the country's first law regulating microfinance services, the Egyptian Supervisory Authority said…
Egyptian exports fall 12.52% month-on-month
The total value of Egyptian exports in October has reached $1.309bn, recording a 12.52% decrease compared to…
Egypt Targets $15 Bln FDI In FY 2017/2018: Investment Minister
Egypt is targeting $15 billionn in foreign direct investment (FDI) during the fiscal year (FY) 2017/2018, Minister…
Shell Will Not Proceed With Deep Water Research, Exploration In Egypt
Shell Egypt Chairman Jeroen Regtien stated on Friday that “Shell will not apply to any tenders for research and…
Kuwaiti Investors Threaten Egypt With Lawsuit Over Land
Kuwaiti investors who own 26,000 acres of land in Ayat, Giza, intend to prosecute Egypt in international courts. In…
Egypt’s Trade Minister To Visit Ethiopia In December
Ministry of Industry and Foreign Trade Mounir Fakhry Abdel Nour announced Saturday he will participate in the…
US Delegation Investigates Investment Climate, Includes Potential Investors
A US delegation of 66 companies will commence its visit to Cairo on Sunday, according to Head of the American…
Pace Of Egypt’s Economic Growth Expected To Rise In Second Half -ECES Survey
A number of Egyptian companies expected the economy to achieve growth in the second half of the current year,…
Power Plant In Ain Sokhna Starts Producing 650 MW
An Egyptian power plant, run by natural gas and mazut, will start the production of 650 MegaWatts of electricity on…