TMG climbs to 4th in Forbes' Top 50 Public Companies in Egypt' list on surging sales, assets    UN conference expresses concern over ME escalation    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Egypt's PM forms crisis committee to monitor Iran-Israel fallout    Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    Pakistan FM warns against fake news, details Iran-Israel de-escalation role    Russia seeks mediator role in Mideast, balancing Iran and Israel ties    LTRA, Rehla Rides forge public–private partnership for smart transport    Electricity Minister discusses enhanced energy cooperation with EIB, EU delegations    Egyptian pound rebounds at June 16 close – CBE    China's fixed asset investment surges in Jan–May    Egypt secures €21m EU grant for low-carbon transition    EHA, Konecta explore strategic partnership in digital transformation, smart healthcare    Sisi launches new support initiative for families of war, terrorism victims    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Evline Meshreky
ICT minister, Cisco Africa VP discuss ways to expand investment in Egypt
The Minister of Communications and Information Technology Atef Helmy met Cisco Africa Vice President David Meads on Tuesday to discuss key technology projects for the company in Egypt, according to a press release issued on Tuesday by the Ministry (...)

10 - 09 - 2014
Enough GCC aid will be made available: Merrill Lynch
Sufficient aid will be available to Egypt through external bilateral assistance from the Gulf Cooperation Council (GCC), according to a Thursday report by the Bank of America Merrill Lynch. The report also expects no near-term International Monetary (...)

08 - 09 - 2014
Banque Misr to fund new educational initiative worth EGP 100m
Banque Misr will fund an EGP 100m initiative donation of computers to schools, according to a Tuesday press release of the Federation of Egyptian Chambers of Commerce. The computers will be made available in schools for use by teachers, parents of (...)

03 - 09 - 2014
Egyptian cotton exports decrease by 69.7%: CAPMAS
The total amount of exports of Egyptian cotton decreased by 69.7% in the third quarter of the agricultural season 2013/2014, according to a Central Agency for Public Mobilization and Statistics (CAPMAS) report issued Monday. This is due to the (...)

02 - 09 - 2014
2% growth in construction sector: Gleeds Construction Consultancy
The construction sector grew 2% while the cost of key materials including cement, ready mixed concrete, and reinforcement steel grew over 6% in the last quarter, according to Gleeds Construction Consultancy. Construction material prices are expected (...)

27 - 08 - 2014
Egypt to be negatively impacted by Libyan conflict: ESCWA
The flow of Libyan refugees, returning Egyptian migrants, and security turmoil from Egypt's western neighbour could hurt the Egyptian economy, according to a paper published 12 August by the Economic and Social Commission for Western Asia (...)

25 - 08 - 2014
Finance ministry announces issuance of EGP 14.2bn for settlement of insurance indebtedness agreement
The finance ministry has issued two new bonds for public and private social insurance funds at a tax-exempt interest rate of 9% at a total value of EGP 14.2bn, Minister Hany Kadry Dimian announced in a Wednesday statement. This represents the value (...)

20 - 08 - 2014
Qalaa Holding sees EGP 8bn capital increase
Qalaa Holding (formerly known as Citadel Capital) reported Saturday its capital increased to EGP 8bn marking its transformation into an investment holding company with a focus on infrastructure and industry. "Most of our highest-profile companies (...)

17 - 08 - 2014
China and Israel present alternatives to Suez Canal
Promises by Chinese president Xi Jinping to build a "Silk Road" and the Red Med project proposed by Benjamin Netanyahu were renewed this year, raising concerns about negative implications on the Suez Canal. Chinese foreign minister Wang Yin said in (...)

17 - 08 - 2014
Investment in economically viable projects enhances short-run growth: Economist
A policy package that includes investment in economically viable projects would enhance short-run growth and employment in Egypt, a working paper published by economist Shahid Yusuf on the International Monetary Fund (IMF) website in July The paper, (...)

09 - 08 - 2014
Private sector reforms are crucial to reducing unemployment in Egypt: WB
The private sector's ability to grow and create employment is contingent on medium- and long-term policies to provide a competitive environment, said a World Bank July report entitled "More Jobs, Better Jobs: a priority for Egypt". Such policies (...)

06 - 08 - 2014
New confidence in real estate with increased stability: JLL
The improved political and economic stability in Egypt has created new confidence in the real estate market, said Aymen Samy, head of Jones Lang LaSalle (JLL) in Egypt. In a report published 22 July, JLL evaluated the performance of Cairo's real (...)

02 - 08 - 2014
Rise of interest rate to have limited effect on stock market: Experts
Several economic experts agreed that the negative impact of the rise of interest rates in banks on the Egyptian stock market would be limited. Concerns were raised that investors would shift their investments from the stock market to banks upon the (...)

26 - 07 - 2014
Sanitary measures imposed on Egypt have negative impact on export: ERF
A working paper published by the Economic Research Forum (ERF) in June stated that sanitary and phyto-sanitary measures (SPS) imposed on Egyptian exports have a negative impact on the probability of exporting new products to new (...)

23 - 07 - 2014
Qatar's direct World Cup expenditure ‘small', estimated at $16bn: Bank Merrill Lynch
The direct effect for Qatar of losing the 2022 World Cup hosting rights would be small, concluded a report issued by the Bank of America Merrill Lynch on Monday. Broader infrastructure projects, however, would likely lose execution focus and face (...)

16 - 07 - 2014
IMF suggests cash transfers to improve subsidies targeting
The International Monetary Fund (IMF) published 9 July a report on subsidies in the Middle East and North Africa (MENA) region, also outlining the necessary triggers for reform. The IMF listed the key factors in its report, "Subsidy Reform in the (...)

14 - 07 - 2014
Culture of cooperation and common goals key to Germany's victory: WEF
A blog published by the World Economic Forum (Davos) attributed Germany's success in football as well as economically to sustaining a culture of cooperation and common goals, and long-term policies to support those goals. The article relates the (...)

14 - 07 - 2014
Rise in Egyptian food prices due to subsidy cut: FAO
The UN's Food and Agriculture Organization (FAO) has forecast an increase in wheat production in 2014 both globally and in the Near East and North Africa (MENA) region, according to a press release issued by the entity on 3 July. The estimated (...)

09 - 07 - 2014
Cement production to be impacted by energy cuts and higher fuel prices
Oxford Business Group has raised concerns over the impact of the inadequate supplies of natural gas on the cement industry, after several firms were forced to halt production after the Egyptian Natural Gas Holding Company (EGAS) stopped the flow of (...)

07 - 07 - 2014
No price rise in telecommunications: Telecom companies
Both Mobinil and Vodafone denied Sunday a 10% rise in calling fees, a concern that was raised after the prices of energy increased. "The company has not made any decision regarding increasing the prices of calls and it is now considering the effect (...)

06 - 07 - 2014
Nassef Sawiris sentenced to 3 years imprisonment on tax evasion
Egyptian billionaire and the CEO of Orascom Construction Industries (OCI) Nassef Sawiris, has been sentenced in absentia to three years imprisonment on charges of tax evasion, Ahram Online reported. In March 2013, Egypt's Tax Authority accused OCI (...)

01 - 07 - 2014
180 electricity stations adopt Ericsson technologies in Upper and Middle Egypt.
Ericsson, Sweden's multinational communication technology company, signed a contract with the Egyptian Ministry of Electricity and Renewable Energy to merge Ericsson's technologies with 180 electricity stations in Upper and Middle Egypt. The (...)

28 - 06 - 2014
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