Egypt approves EGP1.061bln profit distribution from five holding companies
Egypt approved additional profit distributions worth 1.061 billion Egyptian pounds across five state-owned holding…
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public- business sector
Egypt denies plans to sell spinning, weaving factories
Egypt’s Cabinet Media Centre on Thursday dismissed reports that the government intends to sell state-owned spinning…
Egypt’s Nasr Contracting wins $40m infrastructure project in Iraq – ministry
Egypt’s Nasr General Contracting (Hassan Allam), a subsidiary of the state-owned Holding Company for Construction…
Egypt pushes to align education with labour market demand
Egypt’s Higher Education Minister Ayman Ashour met on Wednesday with Public Business Sector Minister Mohamed Shimi…
Egypt’s PBS Min. inspects Giza school complex ahead of new academic year
Egypt’s Public Business Sector Minister Mohammed Sheemy inspected a multi-school complex under construction in…
Egypt’s PM orders roadmap govt. divestment plan
Prime Minister Mostafa Madbouly has instructed the development of a unified roadmap for the government’s IPO…
Egypt advances ERP rollout across strategic sectors
Egypt’s Minister of Public Business Sector Mohamed Shimi held a meeting with a delegation from SAP Egypt, led by…
Egypt in talks with Qatar’s Power International on new ventures
Egypt’s Minister of Public Business Sector Mohamed Shimi held a meeting with a delegation from Qatar’s Power…
Egypt’s Madbouly urges state firms to boost efficiency, expand private sector…
Egyptian Prime Minister Moustafa Madbouly on Tuesday called for continued efforts to enhance the performance of…
Egypt’s public sector employees see 10.5% pay raise
Egypt's total wages for public sector employees rose 10.5 per cent in 2022/2023, reaching 38.8 billion Egyptian…
CBE reports foreign deposits rise to EGP 1.516tn in H1 of 2023
The Central Bank of Egypt (CBE) reported on Monday the total foreign currency deposits at Egyptian banks jumped to…
60 public sector firms to undergo digital transformation by SAP, Microsoft
SAP and Microsoft companies have won the tender to implement digital transformation in Public Business Sector…
Egypt aims to grow construction companies business volume by tenfold – minister
Egypt's Public Business Sector Ministry is currently working on restructuring its affiliated construction companies…
Egypt to pump EGP25bln investments to develop textile industry
Egypt’s Ministry of Public Business Sector seeks to pump investments of 25 billion Egyptian pounds to develop…
Egypt seeks to direct returns of selling unexploited lands to pay off debts
Egypt's Ministry of Public Business Sector is currently studying the mechanisms of developing and selling a part of…
Egypt to float 20-30% shares in public business sector firms: PM
Egypt will offer between 20 and 30 percent of shares in public business sector companies in initial public…
C. Bank: EGP830bln Total Value of Banks’ Securities in July 2014
The total value of Egyptian banks' securities reached around EGP830 billion at the end of July 2014 including…
C. Bank of Egypt Says Securities Portfolio Hit EGP 653.8 bln by June-End
The securities portfolio held by local banks surged by 2.7% (EGP 17.6 billion) within the last June recording…