The trade balance deficit decreased by 22.1% in September 2015 compared to the same month in 2014, the Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed in its bulletin for foreign trade data on Sunday.
The bulletin showed that (...)
The Egyptian tourism sector is losing EGP 2.2bn per month due to the Russian plane crash on 31 October, said Minister of Tourism Hisham Zaazou during the Egypt Mega Projects conference in Cairo on Tuesday.
The incident led many countries, including (...)
The Real Estate Investment Division at the Federation of Egyptian Chambers of Commerce (FEDCOC) requested from Minister of Housing Mostafa Madbouly to amend Article 34 of the new real estate executive regulations, according to a statement.
The (...)
Wadi Food, one of the largest olive and olive oil producers in Egypt, produces approximately 12,000 tonnes of olives and about 1,200 tonnes of olive oil annually. In 2015, the company won numerous international awards for their superior quality (...)
The reforms applied to the Egyptian economy showed improvements in Egypt's public finances and economic conditions, Moody's Investors Service said in a report entitled Credit Analysis – Government of Egypt issued Tuesday.
The ratings agency noted (...)
A study was conducted by Business Sweden in order to obtain a comprehensive overview of challenges and opportunities for small and medium enterprises (SMEs) in Egypt. It also includes insights on the state of the Egyptian market in general.
The (...)
A talent survey to help determine what motivates Egyptian graduates, conducted by Universum, showed the chief attractive element is an international environment.
Universum reached out to 3,116 future Egyptian employees. These students attended seven (...)
By mid-October 2015, 31% of Dar Misr project was implemented, said the project's supervisor Mohamed Nabih in a report for the Minister of Housing Mostafa Madbouly.
The report indicated that the project's first phase consists of establishing 31,701 (...)
By the end of September 2015, 34,491 units in 23 governorates have been fully implemented amongst the Social Housing Programme, Minister of Housing Mostafa Madbouly announced Saturday.
The units took place in the first and second phase of the (...)
The most significant step for treating diabetes is patient awareness, said Sherif Hafez, Professor at the Qasr Al-Eini School of Medicine, during a conference held by Novo Nordisk Company aiming to raise the awareness for diabetes, Tuesday.
The (...)
The New Urban Cities Authority (NUCA) announced Monday the offering of new bids for a number of services projects.
The offering comes in the context of NUCA's keenness to boost development and to provide all services in the new cities, according to (...)
The United Nations Industrial Development Organization (UNIDO) will participate in the reclamation of 1.5m acres project, said UNIDO's representative and Director in Egypt, Giovana Ceglie, on Sunday.
The organisation will help farmers to increase (...)
Minister of Supply Khaled Hanafy held a meeting on Saturday with a joint delegation of representatives of three companies operating in the internal trade and food industries sectors.
The three companies are Dia Corporate, which is a Spanish discount (...)
The government seeks to improve the investment climate to increase private sector investment rate, which stood at 70.5% rate during the FY 2014/2015 of the total implemented investments, Minister of Investment Ashraf Salman said during the panel (...)
The Egyptian executive system structure is divided into three main institutions types: ministries, governorates and authorities, said the Institutional Development Program Director at the Ministry of Planning, Tarek Al-Hossary, in a panel discussion (...)
In the panel titled "Egypt to become region's manufacturing hub," the panellists discussed if Egypt can increase its industrial national product from $40bn in 2013 to $80bn in 2020 and $300bn in 2030.
The panel included Cairo Poultry Group Managing (...)
During a panel discussing senior executive development programmes in the government, the Associate Director at the Office of Personnel Management in the US, Mark Reinhold, presented the US management system and how they have developed it.
Reinhold (...)
The Egyptian minister of Finance, Hani Kadry Dimian participates with an official delegation in the annual meetings of the International Monetary Fund (IMF) and the World Bank.
The meetings are expected to begin on Friday, the 9 October and will end (...)
The inflation rate increased by 2.8% over September 2015 compared to August 2015, the Central Agency for Public Mobilisation and Statistics (CAPMAS) stated in a Thursday report.
In September, the Consumer Price Index (CPI) registered (172.2) points (...)
The main Egyptian Stock Exchange index, EGX 30, has increased by 1.86% to register 7491.7 points by the closure of the market's transaction on Thursday.
Meanwhile, EGX 50 increased by 2.18% to reach 1241.4 points, while EGX 70 increased by 1.76% to (...)
\The number of housing units implemented during FY 2013/2014 increased by 7.5% compared to the previous year, said the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Monday.
In FY 2013/2014, the constructed housing units totalled (...)
The shareholders of The Egyptian for Developing Building Materials Co. (Lift Slab Misr) approved increasing the company's capital and working on real estate and contracting activities, according to a Sunday statement.
Lift Slab's board agreed on (...)
Implemented investments in cities affiliated to the New Urban Communities Authorities (NUCA) have reached EGP 4.7bn during Q1 of FY 2015/2016, the NUCA announced Sunday.
NUCA's investments have significantly increased compared year-on-year, when (...)
Thirty-three Indian textile companies are participating in the 3rd edition of the Indian Textiles Exhibition in Egypt, entitled "Intexpo Egypt", as part of the larger Cairo Fashion and Textile exhibition, according to a Sunday statement.
The (...)
A recent General Authority for Investment (GAFI) report has outlined the details of establishing a free zone in Minya.
The free zone, which will be a regional zone for industrial exports, will be located on an area of 306.7 acres in the expansion (...)