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14 Dec 2017

GTI 2017 excludes Egypt from top 10 countries affected by terrorism

The Global Terrorism Index (GTI) 2017, issued in late November, excluded Egypt from its list of the ten countries most affected by terrorism. Nine of the countries featured on last year’s list with the only change being the inclusion of Turkey and the exclusion of Egypt.

The"...

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14 Dec 2017

Garhy to attend OECD-EU Joint Ministerial Meeting in Paris

Finance Minister Amr El-Garhy will fly to Paris on Wednesday to take part in the annual OECD-EU Joint Ministerial Meeting on enhancing economic governance and public administration reform, an official statement said.

The"...

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14 Dec 2017

1st unit of Dabaa plant to operate by 2026: Electricity Min.

Minister of Electricity and Renewable Energy Mohammed Shaker said on Monday that the first unit of the Dabaa nuclear power plant is expected to be completed by 2026, and the second, third and fourth units by 2028.

The"...

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14 Dec 2017

Pharmaceutical investments in Egypt hit LE120 bln: Official

Head of the Federation of Egyptian Chambers of Commerce Ahmed al Wakil on Tuesday said that the value of pharmaceutical investments in Egypt hit 120 billion pounds.

In his speech at a conference on modernizing pharmaceutical"...

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13 Dec 2017

Government not competitor to real estate private sector: minister

Minister of Housing and Acting Prime Minister Mostafa Madbouly said the government is not a competitor to the private sector in real estate, but it seeks to play a complementary role to meet the needs of the market.

Madbouly"...

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13 Dec 2017

Ibnsina Pharma starts trading on EGX amid investor interest

Ibnsina Pharma started trading Tuesday on the Egyptian Exchnage (EGX) in a heavy trade, as investors are building new positions in one of the fastest-growing and second-largest distributors of pharmaceutical products in Egypt.

Minister"...

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13 Dec 2017

Mobile internet drives market growth by adding 1.3 million users

Growth in the number of mobile internet subscribers in September increased the total number of internet users in the Egyptian market by 4%.

The total number of internet users increased from 40.1 million in August"...

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13 Dec 2017

Egyptian logistical center to be set up in Russia: Official

Head of the Egyptian side to the Russian-Egyptian Business Council Alaa Ezz said that a feasibility study has been compiled on setting up an Egyptian logistical center in Russia within two months as of now.

In a Tuesday"...

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13 Dec 2017

Planning Ministry signs MoU with E-Serve for govt services

The Minister of Planning and Administrative Reform Hala el-Said signed Tuesday a memorandum of understanding (MoU) with Egypt Company for Government Electronic Services (E-Serve).

Witnessed by acting Prime Minister"...

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13 Dec 2017

Mastercard launches Masterpass in Egypt

Trusted digital wallet service will enable faster and safe shopping at thousands of online merchants.

Simple, convenient and trusted digital wallet service will enable faster and safe shopping at thousands of online"...

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