Service News
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Egypt passes delayed investment law
The law facilitates procedures for investors and creates incentives in the hope of getting Egyptian economy back on track.
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Egypt imposes fees on Jordanian refrigerated trucks
Truck owners currently have to pay $100 per truck for each trip from May 1 to June 30. After May 30, truck owners will either have to pay $300.
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Egypt’s PM briefs Sisi on latest updates on economic reform measures
The cabinet is targeting a 22.6 percent inflation rate by the end of the year, down from 32.5 percent registered in March.
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Egypt- Government approves amendment to Capital Market Law
The reforms aim at strengthening governance and transparency standards, according to the latest international systems.
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600 new graduates from the initiative to train and employ 100,000 Egyptians
Orange and Maadi Youth Training Center celebrate the graduates and promise more initiatives for youth training to compete in labor market.
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Amending Capital Market Law to facilitate SMEs registration
32 companies were registered in NILEX with EGP 1.3bn capital by the end of 2016.
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7 Egyptians among the 100 Most Powerful Arabs
Mohamed Mansour, Rami Malek, Bassem Youssef and Mona El-Tahawi among 7 other Egyptians on the list. El Walid Ibn Talal at number one.
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Egypt's capital set to grow by half a million in 2017
This growth is more than any other city in the world, adding to the pressure on Egyptian economy struggling to recover from 6 years political turmoil.
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Real Tests to come as Egypt economy revamp posts early gains
Foreigners are investing again in stocks and local-currency debt, and dollars are becoming more available.
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Why do the best employees leave?
It's not overwork or lack of challenge, it's the work environment that gets most to your best employees, a Morrissey survey concluded.
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Egypt shuffles Cabinet, appoints 1st female governor
Agriculture, investment and international cooperation, trade, local development, planning, education and transport ministries were shuffled.
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Egypt drops two points on Corruption Perceptions Index 2016
The most populous Arab nation came in 108th out of 176 countries registered in the 2016 report, compared to 88th out of 168 countries in 2015.
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Ministry of Investment forms committee to study amendments to Capital Market Law
Examinations, proposals and community dialogues will be held by the new committee to ease investments.
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Egypt-Belarus business forum starts today
Presidents Sisi and Lukashenko as well as 20 ministers from both countries and 40 businessmen inaugurate the forum on Monday.
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Egypt approves bankruptcy law to spur investment
The law aims to minimize the need for companies or individuals to resort to the courts and will simplify post-bankruptcy procedures.
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Egypt PM reforms country's ministerial economic committee
The committee is tasked with assessing economic policies and maintaining financial stability in the short, medium and long term.
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Egypt’s long-term trade outlook positive despite current challenges
HSBC Egypt Trade report stated that China, India, and Bangladesh projected to be fastest growing export markets in 2021-2030.
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Egypt sharply increases customs duties as it seeks to curb imports
Finance ministry said the new tariffs would boost customs revenues by 6 billion EGP($339 million) a year, if imports remained at current levels.
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Egypt's government plans second phase of economic reforms
The new phase will include the introduction of a new food subsidy system for low-income citizens.
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Egypt finance ministry raises interest rates of Suez Canal certificates to 15.5 pct
The increase will be for the remaining 3 years of the 5-year certificates, which were sold in September 2014 in EGP only.