GOVERNMENT

28 Sep 2016

Egypt: Strong Bilateral Relations Promote China-Egypt Investment Cooperation - Egypt's Trade Minister

Egyptian Minister of Trade and Industry Tarek Kabil said on Tuesday that the strong bilateral relations between the two nations will promote China-Egypt investment cooperation and his country is seeking more Chinese investments in his country.

"Egypt"...

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28 Sep 2016

Discussions on resuming Russian flights to Egypt ‘have come a long way’: Russia transport minister to Sisi

Russian transport minister Maksim Sokolov told Egyptian President Abdel-Fattah El-Sisi on Tuesday that discussions between the two countries to resume Russian flights to Egypt "have come a long way," an Egyptian presidential statement read.

Sokolov, who met with El-Sisi in Cairo, relayed"...

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28 Sep 2016

Egyptian agriculture crisis worsens, mainly due to lack of water

Over the past years, the area of agricultural land has declined, as sectors linked to agriculture have also deteriorated. The sector is facing additional threats, including the risk of a decline in Egypt’s share of the Nile River due to"...

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28 Sep 2016

FSA made legislative amendments to attract major companies: chairman

The Egyptian Financial Supervisory Authority (EFSA) made many legislative amendments to attract foreign direct investment to insurance and financial leasing sectors during the last period.

Sherif"...

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28 Sep 2016

Large U.S. delegation to explore Egypt investment opportunities in October

A large, high-profile delegation of U.S. businesspeople will be visiting Egypt within October to explore trade and investment opportunities, Egyptian Minister of Investment Dalia Khorshed announced Sunday.

Khorshed"...

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27 Sep 2016

54% health, wellbeing mismanaged due to time restrictions

According to a study by international health provider Bupa, 54% of respondents don’t dedicate enough time to manage their health and wellbeing, although 55% of them said that it is very important to them.

Bupa"...

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27 Sep 2016

Russia lifts restrictions on import of Egyptian agricultural products

Russia agreed to lift the temporary restrictions it had imposed on the import of some Egyptian agricultural products, according to Minister of Trade and Industry Tarek Kabil. The move came after Egypt ensured it was committed to take all necessary measures in order to ensure the quality"...

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27 Sep 2016

Ministry seeking to overcome slow growth in real estate sector in past years: Mostafa Madbouly

As the Ministry of Housing works to put together a strategy to revitalise the real estate sector and provide housing for low- and middle-income citizens, some believe that it is not enough to meet the rising demand on the market and bridge the housing gap that has formed over the years.

The"...

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27 Sep 2016

International banks okay financing for renewable energy projects

International banks and institutions have agreed to finance the second phase of the renewable energy feed-in tariff projects after meeting with officials from the Ministry of Electricity and Renewable Energy.

In"...

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27 Sep 2016

Egypt's tourist numbers drop 51.2% in 1H2016 – state agency

Egypt lost over half of its tourists in the first half of 2016 compared with the same period last year, the official statistics agency said on Monday.

Egypt welcomed 2.3 million tourists in the period from January to June 2016, compared to 4.8 million tourists in the same period of the previous year, the Central Agency for Public Mobilisation and"......

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