Service News
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Egyptian parliament discusses amendments to Depository and Registration law
This law affects stock market performance and creating a better investment environment by helping settle legal issues regarding financial securities.
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Egypt's domestic liquidity increases by EGP 160.4 bln
The report attributed the increase in money supply to the rise in current deposits in local currency.
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Egypt launches World Youth Forum focusing on ‘Mediterranean Energy’
The four-day forum is expected to be attended by around 7,000 youths representing different countries.
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14th African Economic Conference kicks off in Sharm El Sheikh
More than 12 million young Africans migrate from their country to look for work, says Charles Lufumpa.
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Egypt's unemployment goes up by 0.3% in Q3 2019
The unemployment rate dropped to 2.2 percent in Q3 of 2019, compared to the same period of the previous year 2018, the CAPMAS said.
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Egypt Ranks 114 in Doing Business 2020
Egypt climbed up 6 spots to rank at 114th place among 190 economies in ease of doing business. Download the full report here.
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Arabian Centres to plans big mall in Egypt
Saudi Arabia's Arabian Centres Company is expecting to start the operation of its shopping mall in Egypt’s Mansoura in 2021.
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Cabinet vows to empty Cairo from government buildings by 2020
Madbouli asserted that there is a mandate from President Al-Sisi to develop Cairo through moving state administrative headquarters to the New Capital.
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Egypt introducing amendments to mineral wealth law
Egypt has 13 under-construction investment zones which are expected to create 208,000 new job opportunities and attract nearly EGP 78 billion.
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Egypt's Sisi orders launching portal of industrial investment map
Radi said El-Sisi urged paying more attention to developing micro, small and medium enterprises to provide more jobs and boost economic networks.
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Egypt's Sisi okays amendments to investment law
The amendments allow expansions of existing investment projects to benefit from incentives provided to new ones.
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Egypt's SCZone achieves record revenues
In a statement by the SCZone on Saturday, Mamish pointed out that total revenues achieved by the zone in fiscal year 2018-2019 reached around EGP 3.69
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Egypt sets new record for world's widest cable-stayed bridge
The Tahya Misr Bridge is now the world’s widest cable-stayed bridge. It was built as part of the Rod El-Farag Axis project, to ease traffic congestion
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Egypt's 2019-20 budget: Setting more hopeful targets
The new budget aims to increase the country’s GDP by six per cent, lower the deficit to 7.2 per cent of GDP.
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Egypt's Sisi invited to US-Africa Business Summit in Mozambique
The invitation came from Mozambican president Filipe Nyusi to attend the US-Africa Business Summit to be held in Maputo in June.
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Egypt's economy: Reining in inflation
Institutional and structural reforms are needed in order to rein in rises in Egypt’s inflation rate, writes Nesma Nowar.
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Wages in Egypt: Restructuring remuneration
Al-Sisi also called for an overhaul of the wage system and is scheduled to review the Ministry of Finance’s plans within a month.
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Egypt's finance minister says ministry's new strategic plan has been finalised
Egypt's Finance Minister Mohamed Maait inspected the new premises of the ministry in the New Administrative Capital.
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Reviving Egyptian public sector
The Public sector companies reportedly generated about EGP 11 billion in the last fiscal year and EGP 7.5 billion in losses.
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Egypt advances in emerging economies university ranking
Suez Canal University is the highest ranked Egyptian University followed by The American University then Mansura University.