FINANCE & ECONOMY

25 Aug 2015

Sudan urges Egyptian investments in gold extraction sector: CBOS Deputy Governor

Sudan has urged the Egyptian government to seek investments in the gold extraction sector, according to Elgaili Mohamed Elbashir, the Deputy Governor of the Central Bank of Sudan (CBOS).


Elbashir"...

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25 Aug 2015

Ministry of Social Solidarity appoints General Commissioner to oversee EAMA elections

The Ministry of Social Solidarity has appointed a General Commissioner to the Egyptian Automobile Manufacturers Association (EAMA), to oversee the management of the Association Council elections.


General"...

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25 Aug 2015

Egypt: Relief for some as Sisi introduces income tax amendments

Egypt's president Abdel-Fattah El-Sisi ratified amendments to the income tax law, lowering the tax ceiling and ending the wealth tax, according to the official gazette published on 20 August.


...

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25 Aug 2015

Renovation of 700 main bridges in Egypt ends by June 2016

The renovation of 700 main bridges determined to be in need of “immediate and rapid” reparations will be finalized by June 2016, Spokesperson for General Authority for Roads and Bridges Abdel Aziz Abdu told The Cairo Post Monday.


"...

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25 Aug 2015

Egypt onions still in warehouses, but local supplies to APMC pick up

Retail onion prices remained unchanged at about Rs 80 per kg on Monday as imports from Egypt, expected to tamp down prices, were still drying at the warehouses at Jawaharlal Nehru Port Trust (JNPT).

"Onions imported from Egypt on Saturday have a high moisture content and it will take"...

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25 Aug 2015

Egypt Scraps Cairo’s Old, Polluting Taxis

Through Egypt’s new national vehicle scrapping and recycling program, older taxis are being replaced by newer vehicles to increase fuel efficiency, reduce air pollution and protect the climate.


The"...

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25 Aug 2015

Egypt: Calls for meat boycott over price rises

Egyptians have started a social media campaign calling on people to stop buying meat in protest against rising prices, it's reported, BBC writes.

They are hoping that a boycott will force traders to lower their prices, after beef reached 100 Egyptian pounds ($13; £8) per kilo in parts of the country, the al-Masry al-Youm website reports....

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25 Aug 2015

India, Egypt to boost bilateral ties

Seeking to inject new momentum in their ties, India and Egypt on Monday decided to put in place a bilateral framework for enhancing co-operation in key areas of security, counter-terrorism, defence and investments.

Both sides agreed to step up engagement in a range of potential areas while underlining the need to combat terrorism particularly the threat...

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25 Aug 2015

Sisi to discuss free trade, industrial zone & nuclear energy during Russia visit

Egyptian President Abdel-Fattah El-Sisi will head to Russia on Tuesday for a three day visit to discuss a number of economic projects as well as strategic issues.


The most important issue on the agenda is the establishment of a Russian industrial zone in Egypt, either"......

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25 Aug 2015

Seiko Instruments (SII) Releases High Accuracy Digital Temperature Sensor IC with Thermostat Function

Seiko Instruments Inc. (SII) announced the release of the S-5852 Series, featuring both digital output with I2C interface for continuous temperature monitoring as well as a thermostat function (temperature switch) to signal out of range temperature conditions. Customers can set the upper"...

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