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19 Aug 2018

Egypt internet: Sisi ratifies law tightening control over websites

Egyptian President Abdel Fattah al-Sisi has signed a new law that tightens controls over the internet.

The legislation on 'cybercrime' means websites can be blocked in Egypt if deemed to constitute a threat"...

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19 Aug 2018

Water transport growing as ferries double in 10 years

On July 16, the Minister of Works, Transport and Communications, Ms Monica Azuba, launched the MV Albert Nile 1 ferry, which connects Wanseko (Buliisa District) and Panyimur (Nebbi District).
The launch also coincided with celebrations to mark a decade since the Uganda National Roads"...

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19 Aug 2018

Egypt central bank keeps overnight interest rates steady

Egypt's central bank left its main interest rates unchanged on Thursday, saying a second quarter of strong GDP growth and an expected decline in inflation to single digits meant its monetary targets were on course.

The bank kept its overnight deposit rate at 16.75 per cent"...

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19 Aug 2018

Egypt Aims For Natural Gas Dominance In The Mediterranean

The natural market gas in the Eastern Mediterranean is in full ebullition – with Egypt determined to be the center of this regional marketplace. The country faces challenges, including maintaining equidistance from the region’s various tensions, reforming its legal framework for"...

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19 Aug 2018

BM Lease aims to sign deals worth EGP 500 mln pounds

The leasing arm of Egypt’s second state lender Banque Misr, BM Lease seeks to sign new deals worth 500 million Egyptian pounds during the second half of 2018 in different fields.

A source with knowledge said"...

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19 Aug 2018

Dubai’s Majid Al Futtaim to expand Carrefour in Egypt’s new cities

Dubai’s Majid Al Futtaim, which operates the franchise of French retailer Carrefour in the Middle East, signed on Tuesday a cooperation protocol agreement with the Egyptian government’s New Urban Communities Authority (NUCA).

Upon"...

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19 Aug 2018

Egypt licences single-shareholder companies

Egypt’s Minister of Investment and International Cooperation Sahar Nasr signed the regulatory framework for licencing single-shareholder companies, according to a ministry statement on Wednesday.

Nasr stated"...

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19 Aug 2018

Egypt’s Shahid Law Firm eyes new Africa expansions

Shahid Law Firm aims to expand its legal advising businesses in Sub-Saharan Africa and some countries in the eastern region of the continent in the coming period, its managing partner said on Thursday.

Shahid became"...

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19 Aug 2018

Egypt’s Health Ministry prepares emergency responses for Eid al-Adha

Minister of Health and Population Hala Zayed announced the ministry’s plan to ensure medical services during the Eid al-Adha holiday.

She explained at a press conference on Saturday that the plan is a comprehensive"...

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19 Aug 2018

Egypt’s Agriculture Ministry prepares parks for Eid al-Adha holidays

Egypt’s Ministry of Agriculture and Land Reclamation concluded preparing parks and public spaces in Cairo, Giza and other governorates for the upcoming national holiday of Eid al-Adha.

This comes in anticipation"...

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