Egypt to reduce number of administrative employees by 38% within 10 years: Madbouly
Government understands bureaucracy increases when it comes to peripheral staff
Nevine Kamel
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Latest by Nevine Kamel
“We will request from US government start of free trade agreement negotiations with Egypt”: Lebedev
Contrary to previous visits, where we invariably posed problems, pledged to resolve them, this time we revealed solutions of challenges facing investors, says Mehanna
Madbouly calls on US firms to invest in SCZone
“Main challenge for investment is bureaucracy, we recognize this, are working to solve this problem,” says Prime Minister
US investors view Egypt as big market, strategic partner, gateway to Africa and the Arab region
13,500 new companies established in Egypt during last 8 months, says Nasr
Petroleum ministry will continue subsidies reform programme: El-Molla
Egypt aims to attract more foreign investments within Egypt Vision 2030, amid the continuation of its subsidy reform programme, the minister of petroleum Tarek El-Molla said. It came during his speech at the American Chamber of Commerce (AmCham) conference on Wednesday, in the presence of the minister of communications Amr Talaat, president of AmCham Egypt …
USTDA, EPM sign $7bn agreement to produce petroleum derivatives
The US Trade and Development Agency (USTDA) and Enjaz Project Management (EPM) signed a memorandum of understanding (MoU) to establish a project for producing petroleum derivatives used in various industries on 2.5m sqm in the Suez Canal Economic Zone, at a cost of $7bn. On the sidelines of the American Chamber of Commerce conference on …
Egypt Post to offer traffic tickets payment services by November: MCIT
Egyptian telecommunications sector’s exports amount to $2.2bn
‘Egypt Fund’ capital to reach EGP 220bn: planning minister
Government is currently working on solving two biggest problems hindering economic growth, bureaucracy, absence of fintech
Major imbalance in internal trade system, major opportunities for private sector: Meselhi
Government working to overcome all bureaucratic obstacles to exploit opportunities, says minister
Reforms contributed to drawing attention to Egypt, trade exchange at $5bn: Kemp
Visit of US businessmen to Cairo reflects interest of US business community to invest in Egyptian market
Development of spinning, weaving sector requires $2bn: public enterprise sector minister
We look forward towards signing partnership deals with foreign partners, US companies, in tourism, electronics sectors
Upon President’s invitation: AmCham preparing visit to Egypt soon to explore Egyptian projects
We target 8% growth in FY 2020/21, reduce petroleum subsidies to 2% by end of current FY: Moeit
Al Sisi calls on US companies to visit Egyptian projects
Free Trade Agreement on mission’s negotiating table: Mehanna
US company mission to meet with President Abdel Fattah Al Sisi Tuesday
US health companies solve their market problems, intend to expand investments in coming period
Delegation from 43 US companies to visit Egypt on Tuesday
Members to meet with President Al-Sisi, economic ministerial group
Egypt gained trust of investors, continuity of reforms is vital: Citibank Country Officer
First reform steps was removal of energy subsidies, significant move in right direction, says Abdel-Khader
Citi bank has real plan to expand its activities during upcoming period, especially in Middle East, North Africa
Citi bank aims to assist Egyptian government with IPO programme
Capital will continue to flow in MENA, market will be more attractive in 2019-2020: Citigroup
Private sector should support public sector, government, to generate more revenue
Power sector can fundamentally change Egypt: Africa economist at Citigroup
Dubai- Egypt is on the right track, according to David Cowan, Africa economist at Citigroup. “After around five years of an economic slowdown in Egypt, the economic indicators started to rise up”, he told Daily News Egypt in an interview on the side-lines of the summit. He explained that not only Egypt is on the real …
Fifth Middle East, Africa ‘Media and Community’ summit kicks off Tuesday in Dubai
‘Summit will focus for the very first time on the Middle East and Africa,’ says Seifeddine
Mastercard added 7m mobile wallet customers in Egypt In 3 years: MasterCard GM Egypt and Pakistan.
E-payments improve government efficiency, increase transparency, boost ease of conducting business
Dubai, Mastercard to partnership for Expo 2020
Innovative payment solutions augmented, virtual reality, biometrics technologies to be offered
85% of payments still cash, mostly in Africa: economist, former governor of Reserve Bank of India
SMEs are ideal for technology, and innovative financial solutions
Travelpass new innovative solution from Mastercard
To encourage more financial including Mastercard launched an application for farmers
Technology at forefront of growth today, main gate to boost economy, says president of Mastercard MEA
Mastercard ‘Connecting Tomorrow’ annual forum kicks off Tuesday in Barcelona
Al-Sisi heads to New York on Friday for 73 UN General Assembly session
AmCham, USEBC organise meetings between president, US companies
Fund project growth to reach 6%, unemployment rate, inflation to fall to 7%: IMF’s senior resident representative to Egypt
Strong private sector essential for job creation, this requires improving business environment, governance, transparency, access to finance, accountability of public institutions
IMF approves 4th $2bn tranche of Egypt’s loan
The Executive Board of the International Monetary Fund (IMF) approved today the disbursement of the fourth tranche of the IMF loan to Egypt worth $2bn, as part of the extended $12bn loan facility over three years. The IMF’s approval followed the completion of the third review of the IMF’s economic reform programme, during their visit …
ETA will not accept any cash payments over EGP 5,000 starting January 2019: ETA deputy
Mohammed Abdul Sattar, deputy head of the Egyptian Tax Authority (ETA), said that the coming period will see a big boom in the reform of the tax administration, the automation of all checks and payments, and the submission of declarations, allowing the preparation of an integrated database of financiers. Abdul Sattar said that as of …
Egypt to complete development of educational system by 2026
Ministry of Education to stop using textbooks to save EGP 3bn in general budget