China to downsize government intervention in industrial sector
China will reduce direct government intervention in its vast industrial sector, the industry minister said on…
Browsing Tag
sector
Italy, Egypt sign €45 mln agreement to support private sector
Egypt's Investment Minister, Sahar Nasr, has signed an agreement with the Italian Ambassador to Egypt Giampaolo…
Egypt ready-made garment exports rise 14% in Q1
Egyptian Ready-Made Garments Export Council announced Friday that the sector's exports increased by 14 percent to…
Dutch tourists return to Egypt
Dutch tourists are returning to Egypt, as the tourism sector is slowly recovering, as reported by Egypt…
MCIT seeks to contribute 8 % in the GDP by 2020
Communication and Information Technology sector seeks to contribute the country's growth domestic product by 8…
Egypt seeks investments of 500 mln pounds in food industries sector
The investments in food industries sector has reached 500 million Egyptian pounds by the end of 2017…
Egyptian Furniture Export Council eyes 18% surge in exports, reaching $390 mln
Egyptian Furniture Export Council (EFEC) targets an 18 percent growth in its exports to register $390 million,…
Egypt’s industrial production ups by 11.7% in Q1
The volume of Egyptian industrial production rose by 11.7 percent during the first quarter of 2017, Egypt’s…
Construction captures 18.5% of nine-month investments in Egypt: minister
Egypt’s construction, building, and real estate activities sector has captured 18.5 percent out of the total…
UAE signs three MOUs to develop data palm sector in Egypt
The Khalifa International Date Palm Award and Agricultural Innovation has signed three memorandum of understanding,…
World Bank targets cooperation boost with Egypt’s oil sector: official
The World Bank is seeking to enhance cooperation with the Egyptian petroleum sector in the coming stage, a senior…
China and Egypt to team up for boosting textile industries
India today vowed to step up its collaboration with Egypt in the textiles sector and said talks were on to…
Egypt’s furniture exports fall 7% in eight months
Egypt's Furniture exports fell seven percent to $229.4 million during the period from June until August 2017 from…
Google’s firing of memo writer strikes nerve in Silicon Valley
A Silicon Valley culture war pitting liberal-leaning tech firms against a small conservative cohort took on new…
New investments worth $233 mln in petrochemicals sector: Egypt’s minister
Petroleum Minister Tareq al-Mulla received a report on work progress of the Nafthas petroleum refining project to…
Egypt’s Amlak unveils partnership with Dubai Land Department to boost investments
Amlak Finance announced its partnership with the Dubai Land Department (DLD) in a bourse falling issued on…
Egypt’s Finance Ministry resolves over 450 tax disputes of 1.5bn pounds
The Ministry of Finance announced Monday that the committees responsible for resolving tax disputes have resolved…
Egypt delays fee hike for tourist entry visas to July- ministry
Egypt is postponing a fee hike in tourist entry visas- a decision announced last week- until July, the country’s…
Egypt’s MP urges parliament speaker to cancel fee increase for tourist entry visa
An Egyptian parliamentarian submitted on Saturday a letter to the country’s parliament speaker Ali Abdel-Aal urging…
FEI expects Egypt industrial sector to grow 8% in H2 of FY2016/17
Federation of Egyptian Industries (FEI) expects that the country’s industrial sector is set to achieve eight…
Egypt’s Hassan Allam executes 4 infrastructure, residential projects in Sudan
Egyptian construction firm, Hassan Allam says it is currently implementing four infrastructure and housing projects…
Saudi Arabia to appoint new ambassador to Lebanon
Saudi Arabia will appoint a new ambassador to Lebanon, encourage the return of Saudi tourists and increase flights…
Heliopolis Housing starts power plant works in Heliopark City
Egypt’s state-run Heliopolis Company for Housing and Development is implementing power plant in Heliopark City…
European markets close lower amid concerns over Trump’s protectionism
European markets closed lower on Monday after U.S. President Donald Trump took office and promised to pursue a…
Egypt pumps 75mn T of fuel daily to meet market’s needs: EGPC
Egyptian oil sector pumps around 75 million tonnes of fuel daily in different governorates to cover needs of the…
SECON to inject investments of 2b Egyptian pounds in 2017
Property developer Saudi Egyptian Construction Company (SECON) is planning to pump investments of two billion…
European markets seen higher; euro zone unemployment data eyed
European bourses are set to open higher on Monday continuing the gains seen in the U.S. and Asian markets. The FTSE…
Tourism sector halts applying VAT for a year
The tourism sector has obtained a verbal approval from the Ministry of Finance to postpone subjecting it to the…
CBE extends tourism sector support initiative until February 2018
The Central Bank of Egypt’s (CBE) board, headed by governor Tarek Amer, decided to extend the period of the…
European markets close lower; euro hits three-year high
European markets closed in negative territory on Wednesday despite euro zone inflation figures hitting a three-year…
Power sector seizes 60% of natural gas consumption: Egypt’s EGAS
Egyptian electricity sector seizes around 60 percent of state's total consumption of natural gas, an official…
Egypt’s Hassan Allam to launch 2 residential projects in Alexandria, Giza
Egypt’s Nasr General Contracting Company-Hassan Allam is planning to launch two residential projects in Alexandria…
Egypt’s construction sector is most prosperous in MENA region: HSBC
The MENA construction sector is surprisingly diverse in terms of exposure, profitability, and metrics, making it…
Ericsson, Cisco to target corporate, public sector clients in 2017
Global telecoms equipment gear maker Ericsson plans to expand its partnership with Cisco Systems Inc by serving…
Firms eye $15bn spend in Egypt’s green energy schemes
More than 100 international companies are ready to invest up to $15 billion in Egypt’s renewable energy sector, but…
Cityscape Egypt Business Breakfast to weigh economic reform impacts on real estate sector
Experts at next year’s Cityscape Egypt Business Breakfast set to weigh in on the impact of recent economic changes…
U.S. presidential commission issues recommendations on cyber security
The U.S. government and the private sector must cooperate to improve the security of digital networks, a U.S.…
5 Egyptian building materials firms partake in Casablanca’s SIB
Egyptian building materials sector participates today in the 16th round of the International Building…
FEI, USAID sign MoU on upgrading vocational education in Egypt
Federation of Egyptian Industries (FEI) signed a Memorandum of Understanding (MoU) with U.S. Agency for…
Siemens investments in Egypt hit €8b: German Ambassador
The total investments of German industrial group Siemens in Egyptian energy sector reached €8 billion, German…