Service News
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Egypt: New dept to regulate natural gas market
The new authority will protect consumers and prevent monopolies.
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British Airways to increase passenger rate to 90% per flight to Cairo, Sharm El-Sheikh
British Airways plans to organise flights to Sharm El-Sheikh beginning in September, with two flights per week.
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Egyptian developer Palm Hills posts 2014 profit of 353 mln pounds
Revenues rose to 2.1 billion from 1.2 billion pounds.
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UberX arrives in Cairo
The mobile App that provides safe, easy and fast transportation in 270 cities is now available in Cairo.
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Triumphant Egypt return to bond market risks ultra-tight pricing
Egypt is outperforming even more highly rated bonds.
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Egypt holds Oil and Gas Summit
The summit tackles development of the oil and gas industry and undiscovered resources in Egypt.
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Private sector gives priority to returning Libya workers
Manpower minister to count numbers returning, calls workers to fill a form with their details and losses to require compensation.
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Microcredit needs separate regulator: Nobel laureate Muhammad Yunus in Cairo
Yunus said that women are better entrepreneurs than men and are more reliable paying off loans, despite it being much harder for them to obtain credit in Egypt.
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Egypt's unemployment slows in Q4/2014 to 12.9%
In the latest report by the IMF on Egypt, it revealed that structural and monetary reforms were putting the economy back on track.
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ALEXA employment fair takes off next week
Microsoft, PEPSI and Galaxo pharmaceuticals are among the participants.
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3 investment banks promote 11 developmental projects for Economic Summit
Global Swiss bank expressed desire to participate in marketing Conference’s investment projects.
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SFD obtains $90m for short-term employment investments
SFD signed EGP 1.18bn worth agreements with governorates to benefit from Emergency Labour Intensive project.
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DMArts holds digital marketing summit in April
The summit includes representatives of Facebook, Twitter and BBC and offers free workshops for students and fresh graduates.
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Egypt: Monthly inflation rose by 1.2% in January – Official
Egypt has been undergoing economic changes like the devaluation of its currency.
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Egypt sells $720mn in treasury bills – ministry
Treasury bills and bonds are currently the main funding mechanism for debts and new projects.
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Egypt exchange a model for inter-market communication – UN
Un sustainability committee chooses EGX as a reference model for communication.
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Connected Governments: the future of government services is online
Oxford Analytics releases a report on the sidelines of "The Government Summit".
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28.5% of Egyptian banks provide mobile banking
Banks allow use of applications by clients and non-clients to check accounts, keep track of exchange rates and currency conversion.
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Business Women of Egypt 21 Association to hold economic conference
150 businesswomen from 16 countries will be participating from 7th to 11th February 2015.
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Study: Egyptians lowest on life satisfaction and hope for the future
Pew survey: Egyptians tend to be among the least satisfied with every aspect of life asked about.