FINANCE & ECONOMY

23 Apr 2018

Government looks to appoint consultant to study using surplus electricity for water desalination

The government is considering appointing a consultant to study the feasibility of exploiting surplus energy production in the construction of desalination plants.

Government sources told Daily News Egypt that"...

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23 Apr 2018

Egypt ranks 167th in PwC’s Paying Taxes 2018 report

Egypt ranked 167th globally, out of 190 countries, according to the World Bank (WB) and PricewaterhouseCoopers (PwC)’s Paying Taxes 2018 report, which rates countries by ease of complying with tax laws.

Paying"...

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23 Apr 2018

High-profile delegation explores investment opportunities at Hapi conference

The Hapi investment conference, to be held on 29 April, aims to provide an opportunity to present and discuss employment opportunities and partnerships between investors, as well as Egypt’s competitiveness level in facilitating business processes.

The"...

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23 Apr 2018

CASIO spreads awareness on the negative impact of counterfeit products on the Egyptian economy and consumers

In efforts to protect consumers’ rights and fight the actively growing counterfeit market for CASIO products in Egypt and the Middle East, CASIO is spreading awareness on the impact of counterfeit products, as they affect the health and safety of Egyptian consumers, as well as negatively"...

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23 Apr 2018

Egypt's GASC says seeking soyoil, sunflower oil in tender

DUBAI- Egypt's state buyer, the General Authority for Supply Commodities (GASC), said on Sunday it was seeking at least 30,000 tonnes of soyoil and 10,000 tonnes of sunflower oil in an international purchasing tender.

GASC"...

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23 Apr 2018

Egyptian railways rely on Thales to double the number of trains on the busiest section of the Cairo-Alexandria line

As part of the railway modernisation contract for the Cairo-Alexandria line, which carries more than 25 million passengers per year, Egypt National Railways (ENR) has selected Thales for the extension to modernise"...

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23 Apr 2018

ICON purchasing offer to acquire 54% of Acrow Misr worthy-Riqueza says

Acrow Misr (ACRO) Board of Director (BoD) ratified the financial advisor's study, Riqueza Financial Consultany, for evaluating Engineering Industrial Co for Construction and Development's"...

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23 Apr 2018

Uber launches food delivery app UberEats in Egypt

Ride-hailing service Uber will on Monday launch the application UberEats in Egypt, which will allow users to order food and get it delivered to them.

Uber said that restaurants and cafes can send requests for"...

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23 Apr 2018

Archaeologists find bust of Roman emperor in Egypt

Egypt says archaeologists have discovered a bust of the Roman Emperor Marcus Aurelius in the southern city of Aswan.

The Antiquities Ministry says Sunday the head was found in the Temple of Kom Ombo during work"...

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23 Apr 2018

Egypt forecasts more than 8 million visitors in 2018

Egypt said it expects visitors to the North African country to exceed 8 million in 2018, that is more than last year, and visits were on track to reach levels in the next two to three years not seen before the 2011 revolution.

Egyptian"...

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