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31 Jan 2018

5,420 customs evasions filed in November, December 2017 worth about EGP 578m

The Egyptian Customs Authority revealed the total number of customs evasions filed from 1 November to 31 December 2017 reached 5,420, worth EGP 578m, according to a report received by Minister of Finance Amr El-Garhy.

The"...

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31 Jan 2018

Rubex mulls establishing Bathtub'd machines manufacturing plant

Rubex International for Plastic and Acrylic Manufacturing (RUBEX) (RUBX) clarified what has been published in a newspaper regarding establishment a plant for bathtub's machines manufacturing.

"...

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31 Jan 2018

Orange Egypt's subscription covers 99.49%

Orange Egypt For Telecommunications (OREG) announced on January 30, 2018, the coverage of the subscription's first phase that had been started from December 27, 2017, and ending"...

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31 Jan 2018

Egypt’s ARCO to launch third phase of Lavande Sheikh Zayed in Q1

Egypt's Al Arabia Real Estate and Development- ARCO says it plans to launch the third phase in Lavande project in Sheikh Zayed City, at the outskirts of Cairo, within the first quarter of 2018.

This phase, which"...

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31 Jan 2018

Egypt’s Rolin to start construction on 1st property project in Nasr City next April

Egypt’s state-owned General Construction Company- Rolin, says it is planning to start the construction works of its first real estate flagship at the Sixth District in Nasr City, east of Cairo, by early April 2018.

The"...

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31 Jan 2018

Property developer ARDIC unveils plans for investment in Upper Egypt

Egypt's ARDIC for Real Estate Developments plans to pump investments in Upper Egypt as part of its scheme to achieve comprehensive development, said its chief executive Ashraf Dowidar on Monday.

Dowidar added"...

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31 Jan 2018

[Egypt] Cairo Angels joins forces with EG Bank to launch the mint incubator

Cairo Angels, Egypt’s first formal angel investors’ network has launched the Mint startup incubator, created in partnership with EG Bank. With an intense, highly competitive three-month incubation programme, the incubator is designed to accelerate the growth of product-ready startups"...

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31 Jan 2018

Egypt's stability and development is crucial for region and EU: Surkoš to Egyptian parliament speaker Abdel-Aal

Head of the European Union Delegation to Egypt Ivan Surkoš said that Egypt's stability and development is crucial for the entire region and the EU, while calling for a transparent vote in the country's upcoming presidential elections.

Surkoš"...

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31 Jan 2018

Mogherini hosts Egypt’s foreign minister in Brussels

EU High Representative Federica Mogherini on Monday received Egypt’s Foreign Minister Sameh Shoukry in Brussels to discuss the situation in the Palestinian Territories after the unilateral decision by US President Donald Trump to recognise Jerusalem as the capital of Israel.

...

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31 Jan 2018

Local official's insult to Upper Egypt spurs development plans

Underdevelopment and extreme poverty in Upper Egypt recently hit the headlines when a comment by Local Development Minister Abu Bakr al-Gendy sparked an outcry among Upper Egyptians. Speaking by phone on “Al-Hayat"...

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