CSR Egypt — a company specialised in the field of social responsibility and sustainable development — has joined with the Ministry of Social Solidarity in a strategic partnership to cooperate in the annual Egypt CSR and Sustainable Development (...)
The ministry of environment has completed a feasibility study for the use of electric cars and the role that will played in reducing pollution during the coming years, as well as their ability to reduce the emissions resulting from the exhaust of (...)
After the Cairo Criminal Court ordered on Saturday to arrest the sons of former President Hosni Mubarak and Hassan Heikal, member of the board of directors of EFG Hermes, in the "stock market manipulation case", the report of the Experts Committee, (...)
The Ministry of Social Solidarity is working to address the changes resulting from the economic reform programme by increasing the number of beneficiaries of social protection and expanding the base of the beneficiaries to six programmes (...)
The State Lawsuits Authority (SLA) was able save the state treasury about $5.6bn and EGP 2.4bn of investors' claims over the past four years. The SLA is now looking into 4m cases in local courts and 23 international arbitrations, according to SLA (...)
Arabian Cement Company (ACC) is not ruling out options including mergers and acquisitions (M&As) in two to three years to overcome fierce competition in the market, CEO Sergio Alcantarilla told Daily News Egypt in an interview.
"We are considering (...)
Sources from within parliament said that the Ministry of Social Solidarity had financial assets worth EGP 400m, as companies and various parties paid the insurance funds due for seasonal and temporary employment.
The sources, who requested to remain (...)
The Arab American vehicle Company (AVV), a subsidiary of the Arab Organization for Industrialization, is negotiating with a number of companies to manufacture cars at its local factories.
The company expects to adopt the strategy of the automotive (...)
The Arab Organization for Industrialization (AOI) and Toyota Egypt have launched together a production line for the Toyota Fortuner, with a production capacity of 3,000 cars annually. Local components represent 47% of the car.
Lieutenant General Abd (...)
The Administrative Court of the State Council has postponed looking into the lawsuit filed by Ahmed Mohamed Abdel Salam, El Sayed Abdel Baset, and Madbouly Abdel Moneim to suspend the licensing of Careem and Uber, to 14 May.
Lawsuit no. 33744 for (...)
Japanese companies are negotiating with their Egyptian counterparts for the establishment of pharmaceutical factories and food industries in the domestic market during the next few months.
Japanese ambassador to Egypt Takehiro Kagawa said in an (...)
Ashraf Aboul Kheir, lawyer of former industry minister Rashid Mohamed Rashid, said that his client was acquitted by a final judicial verdict from any accusation of corruption, and is eligible to return to Egypt anytime once his name has been cleared (...)
The Cairo Economic Court ordered businessman Walid Tawfik, former importer of KIA Motors in Egypt, to pay EGP 34.6m to Banque Misr over debt settlement.
The bank had filed a lawsuit several months ago in the Cairo Economic Court against Tawfik, (...)
The Canadian Chamber of Commerce is currently negotiating with the Ministry of Housing to participate in developing the infrastructure of real estate projects headed by the New Administrative Capital through Canadian companies operating in the (...)
The government has adopted a social protection network to mitigate the potential negative effects of applying the economic reforms agreed upon with the International Monetary Fund (IMF) to put the economy back on track.
The fundamental ideas of the (...)
The cabinet will announce in the coming days the tariff for purchasing electricity generated from waste, which will be worth EGP 0.92 per KW/h; the prices will be linked with the inflation's rate, according to the Central Bank of Egypt (CBE).
The (...)
The "Tahya Misr" fund seeks to contribute financing the Taxi of Governorates project for youths by allocating EGP 167m to fund the first phase of the project, which includes 1,000 taxies in nine governorates.
The project aims to purchase taxis, then (...)