Pharmaceutical companies harvested $102m in H1 2017

At $25.1m, exports of EIPICO the highest, Pharco ranks second

Daily News Egypt

Medical sector exports amount to $213m in H1 2017, down 17%

Export Council of Medical Industries aims to boost revenues to $430m by the end of the year

Mohamed Mostafa

EFG Hermes Leasing signs joint venture agreement to finance small businesses in Egypt

The agreement comes in line with the government’s focus on SMEs

Elsayed Solyman

Government approves Finance Leasing and Factoring Law, transferring it to State Council

The cabinet headed by Sherif Ismail, the Prime Minister, approved in its meeting on Wednesday the financial leasing and factoring law draft and was sent to the state council, according…

Nehal Samir

CBE has no intention of allowing cryptocurrency in Egypt: official

Bitcoin plans to launch in Egypt by late August, awaits needed legislation to be legally traded

Reem Hosam El-din

Egypt’s economy will not get affected by US aid cut: AmCham

Egypt is the second largest recipient of military aid from the United States after Israel, receiving about $1.3bn annually and nearly $80bn in military and economic assistance over the past…

Shaimaa Al-Aees

SMEDA signs 8 funding contracts worth EGP 10.75m in six governorates  

The targeted governorates include Ismailia, Minya, Beni Suef, El Wadi El Gadid, Assiut and Sohag

Hossam Mounir

Mamish, Nasr discuss investment opportunities in Suez Canal with Vietnamese prime minister

Mamish and Nasr agreed with Vietnamese ministers of investment and transportation to sign 5 MoUs on investment, stock exchange, and cooperation in ports

Nehal Samir

Detaining 16 suspects of organ trafficking for 15 days pending investigation 

The Egyptian law regulates donating organs in condition that the host is a relative, bans human organs trade

Daily News Egypt

UK Minister for Middle East in Cairo to discuss bilateral cooperation

The UK is Egypt’s number one economic, investment partner, strong supporter of Egypt’s economic reform, says John Casson

Mohamed Samir