ALL NEWS

21 Aug 2016

Egypt Cabinet to review amendments to capital market law in days: minister

Egypt’s Cabinet is set to review the proposed amendments to the Capital Market Law for approval in the coming few days, minister of investment Dalia Khorshed said Saturday.


Minister"...

Continue Reading

21 Aug 2016

Egypt establishes a new road network in North Aswan worth $73mn

Egypt is set to build a new road network connecting east and west Nile in Upper Egypt with total investment worth 650 million Egyptian pounds ($73mn) according to the minister of transport Galal El-Said.


...

Continue Reading

21 Aug 2016

Price increase on govt services will quickly follow VAT law: Finance Ministry

The Egyptian government has said it will announce details of increased prices of certain public services as soon as the parliament ratifies a bill on value-added tax (VAT), deputy Finance Minister for taxation"...

Continue Reading

21 Aug 2016

112,000 acres of 1.5m-acre project to be offered next month: CEO of NECD

Next month, 112,000 acres will be offered from a 1.5m acre project, said the CEO of New Egyptian Countryside Development (NECD) on Thursday during a meeting conducted by Prime Minister Sherif Ismail with the ministers of planning, and water resources and irrigation and representatives of several bodies.

The"...

Continue Reading

21 Aug 2016

232 ships transit Suez Canal carrying 13.7m tonnes in past 5 days

Suez Canal traffic data showed that 232 ships transited the canal, with a total load of 13.7m tonnes, from 14 to 18 August 2016.

An average of 46.4 ships per day transited the canal during that period, with an average load of 2.74m tonnes per day. The average load per ship was about 59,050"...

Continue Reading

21 Aug 2016

In Egypt, IMF deal brings austerity few can afford

A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of subsidised baby milk. But rising prices mean his civil servant's salary barely lasts the month and the government is tightening its belt further.

"Electricity is up, food is up. The only thing that doesn't rise in Egypt is people's pay yet all they talk...

Continue Reading

21 Aug 2016

Egypt outlook remains stable: Moody’s

Moody’s Investors Service has affirmed Egypt’s long-term issuer and senior unsecured bond ratings at B3 and it said the outlook remains stable for the country. The rating affirmation is based on Moody’s view that the B3 rating appropriately captures Egypt’s credit risk profile, which faces a number of deep structural challenges reflected...

Continue Reading

21 Aug 2016

World Bank allows Egypt just $1bn for budget-support programme, $2bn for development projects: Meit

An agreement was conducted with the World Bank to use just $1bn to support the 9.8% budget deficit in fiscal year (FY) 2016/2017, deputy finance minister for the public treasury Mohamed Meit said, adding that $2bn will be used to carry out development projects.

Egypt is negotiating for aid"...

Continue Reading

21 Aug 2016

Egypt's Industry grants expansion licences worth $202mn in July 2016

Egyptian industry ministry gave licences to around 42 investors to expand their industrial projects with investments estimated at 1.8 billion Egyptian pounds (US$ 202.7 million) in July.


Minister"...

Continue Reading

21 Aug 2016

NECD: Egypt will offer 112,000 feddans of 1.5m-feddans project next month

Egypt will offer 112,000 feddans offered from the 1.5m feddans reclamation project next month according to CEO of New Egyptian Countryside Development (NECD).

He made those comments during a meeting conducted by"...

Continue Reading
Found articles: 575 - Pages  « 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 » 
Contact US | Powered by CNPHUB.com - All Rights Reserved