FINANCE & ECONOMY

15 Feb 2017

Discipline to what end: Egypt’s failing schools and a new Education Ministry initiative

Students in Egyptian schools may see a series of disciplinary measures begin to come into effect this week, as the Education Ministry announced the ......

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15 Feb 2017

British investments in Egypt hit $5.5 billion – official

British investments in Egypt are totalling around $5.5 billion, including 350,000 projects, said head of Egyptian Federation of Egyptian Chambers of Commerce (FEDCOC).

Speaking at the British-Egyptian business forum"...

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15 Feb 2017

Edison CEO says will continue to invest in Egypt

Italian energy group Edison will continue to invest in Egypt, its CEO Marc Benayoun said on Tuesday.

Edison has signed a $86 million agreement with state-run Egypt Natural Gas Holding (EGAS) for natural gas and oil exploration in the......

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14 Feb 2017

Traders Association calls for labor law enforcement

The Iqlim al-Kharroub Traders Association in Mount Lebanon Sunday called on state authorities to hold Syrian businesses to the same legal standards as their Lebanese counterparts.

The association issued a statement"...

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14 Feb 2017

Egypt's rising inflation expected to go down in April: Finance minister

Inflation is expected to ease in Egypt as of April after peaking in the first quarter of 2016/17, Egypt’s finance minister Amr El-Garhy said in a televised interview with Bloomberg on Monday.

On Saturday, Egypt's state statistics body"...

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14 Feb 2017

Antar: Egyptian trade mission to Kenya aims to promote economic ties

An Egyptian trade mission to Kenya aims at enhancing trade and economic relations between the two countries, Trade and Industry Ministry First Undersecretary Ahmed Antar said on Sunday12/2/2017, referring to arrangements made ahead of the mission in cooperation with the Commercial Office in Nairobi and the Egyptian-Kenyan...

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14 Feb 2017

Government targets expansion of school feeding program

The Minister of International Cooperation Dr. Sahar Nasr participated in the UNICEF’s 70th anniversary ceremony appointing actor Ahmed Helmy and the two actresses Mona Zaki and Donia Samir Ghanem as the UNICEF’s ambassadors of goodwill in Egypt.

The ceremony was attended by Ms. Ghada Wali, Minister...

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14 Feb 2017

Crystal Lagoons add sparkle to $400 million Azha resort in Egypt

Crystal Lagoons, the international water innovation company and developer of the ‘world’s top amenity’ able to bring an idyllic beach lifestyle anywhere in the world, has teamed up with leading Egyptian real estate development company, Madaar Development to create two lagoons at the US$400 million Azha resort"......

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14 Feb 2017

Head of SMEs Association presents executive steps of integrated industrial complexes

Alaa Al-Soketi, Head of the Egyptian Small- and Medium-Sized Enterprises (SMEs) Association said—during the second National Youth Conference in Aswan—that the integrated industrial complexes project will include 200 small plants of between 150 and 300 meters and 50 offices to"...

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14 Feb 2017

LuLu Hypermarket holds Egyptian Food Festival

LuLu Hypermarket, Jeddah is holding a seven-day ‘Egyptian Food Festival’.

The festival is expected to draw shoppers from all walks of life to this eclectic sale, which will showcase a wide range of delectable"...

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