Service News
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Richard Attias & Associates: The organizers of EEDC
More than 2500 global leaders, including heads of state, public figures, chairmen and CEOs of multinational corporations and over 1000 media participated in the conference.
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Mohamed el-Erian lists 4 transitions needed by Egypt economy
Erian applauding the government’s recent steps towards economic reform, as well as support from Arab donors.
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Egypt mulls unified income tax ceiling of 22.5%
If approved, the measure would lower income tax ceiling from current 30% and also apply to future special economic zones.
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Inflation rises to 10.7% in February
The cut was attributed to a decline in the headline consumer price index (CPI) by 1.53% in November and 0.07% in December.
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Siemens to supply four turbines for Egypt power plant
Egypt is facing one of its worst energy crunches in years.
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Orascom Construction to start trading in Egypt on Weds: Bourse
Orascom had started trading in Dubai stock.
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Vodafone Egypt questions legality of WhatsApp Voice ahead of launch
Egypt previously stated it was considering banning free messaging and calling smartphone apps WhatsApp and Viber.
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No petrol price increase in FY 2015/2016: Petroleum minister
Egyptian citizen’s economic situation does not allow change in prices, says Ismail.
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Survey: Global Businesses increasingly adopting hybrid cloud
KSA and UAE among leading adopters while training IT staff is the main upcoming challenge.
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Minister: Egypt's economy grew 4.3% in fiscal 2nd quarter
Arabi said unemployment was at 12.9 percent at the end of December, down from 13.4 percent a year earlier.
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Egypt to launch $1.6B ‘Money, Business Center’ project at March Summit
Investment returns from the project will range between 25 to 30 percent.
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Egypt to offer projects worth USD 35 billion during conference
Egypt's budget deficit reached 12% since 2013 and it received USD 20bn from Gulf countries.
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Egypt external debt decreases to $41 billion
The bank is committed to paying about $2.4 billion in external debt during 2015.
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Egypt's new labour law awaits parliament: Minister
The draft law has stirred controversy over issues such as workers' right to organise and minimum wage
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Egypt's Economy Needs USS60 bln to Hit 5% Growth- Sawiris
Sawiris family is planning to invest in solar power.
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Egypt: Cabinet approves new investment law
The draft law is now awaiting the President's approval.
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Urgent phase implementation in Toshka City to end 30 June: Housing minister
New Toshka project will be added to urban community plan for fiscal year (FY) 2014/2015 with investments at EGP 287m.
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Egypt GASC negotiates lower prices for tender in Egyptian pounds
Results for the tender, which GASC announced on Feb. 12 are expected Monday.
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Developer Talaat Moustafa, Egypt Sign Settlement Over Madinaty
A separate case regarding the company’s right to own of Madinaty is awaiting a ruling from the constitutional court.
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Egypt, Russia sign new customs regulatory protocol
Trade between the two countries is expected to grow through the facilitation of customs regulation.